Milner Raises $1Bln for Fund

Billionaire Yury Milner, who invested hundreds of millions of dollars in Facebook, Groupon and Zynga Game Network, raised about $1 billion for a new web investment fund, a person with direct knowledge of the matter said. The financing of the DST Global 2 fund was completed a few days ago, the person said, declining to be identified because the information is private. The fund has institutional and individual investors and will […]