Madison-based NVNG Investment Advisors has closed its first $50m fund, bringing in investments from Exact Sciences, Baird, and Johnson Financial Group. The fund, which stands for “nothing ventured, nothing gained,” will be invested in venture capital funds from across the US. NVNG aims to make the entrepreneurial ecosystem in Wisconsin more competitive, and hopes that venture capital firms attracted by its funds will later invest in local start-ups. NVNG offers national venture funds insight into Wisconsin-based corporations and potential acquisition partners.+
NVNG Investment Advisors: Pioneering $50M Fund of Funds Success
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