Crossword Genius

Maybe a capital place to raise capital (4)

Ross

I believe the answer is:

city

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'capital' is the definition.
The answer and definition can be both locations as well as being singular nouns.
Maybe they are linked in a way I don't understand?

I don't understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for city that I've seen before include "- of God (St Augustine)" , "Large conurbation" , "Big conurbation" , "Large town" , "See 4" .)

I've seen this clue in The Globe and Mail.
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