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Article: St. Paul Venture Capital Closes $1.3 Billion Venture Fund.
- Article from:
- PR Newswire
- Article date:
- October 18, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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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Firm's Largest Fund, Directed at Early-Stage Technology Companies, Will Have A
Multi-Regional Focus
MINNEAPOLIS, Oct. 18 /PRNewswire/ --
St. Paul Venture Capital announced today that it has closed a $1.3 billion venture fund, one of the ten largest early stage venture funds in the history of the industry. The fund will concentrate its investments on early-stage companies in four sectors -- communications, business Internet, consumer technology and health care -- and in three primary geographical regions -- New England, Minnesota and California. The addition of this new fund brings the firm's total capital under management to $3.0 billion.
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