SQN Venture Income Fund Breaks Escrow

SQN Venture Partners LLC, an investment management firm that provides debt financing to emerging technology companies through secured loans and equipment financing, announced that SQN Venture Income Fund LP received sufficient subscription proceeds to break escrow and conducted its first closing.

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The fund is being offered exclusively through registered investment advisors and family offices. The $100 million offering, with a $200 million hard cap, recently conducted its first closing.

SQN Venture Partners LLC is a Delaware limited liability company and the manager of the SQN Venture Income Fund LP, a Delaware limited partnership which was formed to primarily make investments in leases and debt securities to emerging technology, venture backed, privately held companies and related equity securities such as warrants. SQN Venture Partners LLC has offices in New York and California and is an affiliate of SQN Capital Management LLC, a registered investment advisor with the U.S. Securities and Exchange Commission.