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Article: Minnesota Venture Capital Firm to Name Joint Leaders, Investment Structure.
- Article from:
- Saint Paul Pioneer Press (St. Paul, MN)
- Article date:
- February 26, 2002
CopyrightCOPYRIGHT 2002 Saint Paul Pioneer Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Sheryl Jean
Feb. 26--St. Paul Venture Capital, the largest such firm in Minnesota, will announce today that it has named new joint leaders and established a new investment structure to reflect an increased focus on technology.
Dave Stassen in Eden Prairie and Zenas Hutcheson in Boston, general partners at the $3 billion fund with extensive corporate experience, will become new co-managing general partners. They will replace founder Pat Hopf, who will remain at the firm to work more closely with individual companies.
Hutcheson and Stassen want to elevate Eden Prairie-based St. Paul Venture, an arm of insurer The St. Paul Cos. for 14 ...