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Elevation Partners Invests $120 Million In Facebook

By National Confidential

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Published 28 June 2010 10:01 am EST Updated 28 June 2010 10:01 am EST

Billionaire Lifestyle Secrets

“Elevation Partners has quietly amassed another huge chunk of Facebook shares on the secondary market, according to a recent letter to its limited partners. Elevation spent $120 million for five million more Facebook shares. This is on top of Elevation’s $90 million, 2.5 million share purchase back in November.” [Link]

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