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Organizers seek $100 million to start Wisconsin venture fund

January 28, 2010 /

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A group of business and government leaders from Milwaukee and Madison plans to raise a $100 million, Wisconsin-based venture capital fund, one of its members said Tuesday.

Financial services company Credit Suisse First Boston LLC will manage the fund, said investment adviser Dick Schilffarth during a panel discussion at a Water Council Meeting at We Energies in downtown Milwaukee.

A Credit Suisse investment specialist, Mel Carter, will be in Wisconsin visiting with organizers Wednesday and Thursday, said Schilffarth, who runs the Schilffarth-Schnoll Group at RBC Wealth Management and is president of the Wisconsin Venture Network. Carter runs a fund in Ohio that’s similar to the one being planned here.

By Kathleen Gallagher of the Journal Sentinel

Full Story: http://www.jsonline.com/business/82755592.html

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