Zynga Co-founder raising $700 mn for investment fund: Report
US social game developer Zynga's Co-founder Mark Pincus is reportedly raising up to $700 million for a new investment fund. Pincus is reportedly co-founding the fund, called Reinvent Capital, along with New York City-based hedge fund BHR Capital's Managing Partner Michael Thompson. The fund will focus on publicly traded technology firms in need of strategic restructuring, the report added.