State Picks Missouri Firm to Handle Fund
Advantage Capital Partners has selected Ironwood Capital to identify potential companies for investments:
Connecticut has chosen a Missouri-based equity and venture capital firm to manage a $72 million investment pool aimed at growing small businesses.
The new funds come out of a provision in the recently passed jobs bill, which revised the state’s Insurance Reinvestment Tax Credit program to allow money managers to invest in any Connecticut-based business, not only insurance-related ones.
Date: January 6, 2011
Categories: CAPCO, Connecticut, Missouri