Monday, 30 November 2015
Last updated 2 days ago
Aug 3 2007 | 12:03pm ET
Radford, Va.-based Third Security has closed its sixth and largest private equity fund, New River Management V, at $250 million. The fund will make investments in both public and private companies.
NRM V has already announced investments or commitments to invest in several companies, including Clinical Data, Cyntellect, Halozyme Therapeutics and Intrexon Corp.
“With this fund, we have expanded our base of limited partners as well as our ability to participate in the actualization of many promising new technologies,” Randal Kirk, CEO of Third Security, said. “By continuing to apply our exacting standards for investing and our hands-on management approach, we expect to achieve success for the fund’s investors and portfolio companies.”
Third Security was formed in 1999 and focuses on emerging through late-stage investments in life sciences and information technology.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…