Vetamer Capital, a San Francisco-based tech investment firm with a special focus on fintech, has decided to shut down its public-equities hedge fund and return capital to investors. Founded in 2021 by former Lone Pine analyst Paul Eisenstein, Vetamer cited rising operating costs as the main reason for ceasing. Initially, The firm focused on fintech companies, with investments in private and public firms, including PayPal and Toast. The decision to wind down adds Vetamer to the growing list of tech investment firms scaling back amid reduced valuations and sparse public offerings in the tech sector.
Fintech-Focused Vetamer Capital Shuts Down Hedge Fund
