Robinhood launches an IPO for Robinhood Ventures Fund I, a $1B closed-end fund to provide retail investors access to private markets, offering 40M shares at $25 (Bloomberg)

Bloomberg: Robinhood launches an IPO for Robinhood Ventures Fund I, a $1B closed-end fund to provide retail investors access to private markets, offering 40M shares at $25   —  Robinhood Markets Inc. is seeking to raise $1 billion in an initial public offering of a closed-end fund designed …