NVNG Investment Advisors, a Wisconsin-based investment firm with offices in Madison and Milwaukee, has announced the final closing of its Fund I. The fund has received commitments of $50 million, making it the largest Wisconsin-based fund of funds.
NVNG’s approach combines a network of best-in-class national venture funds with strategic investments in both Wisconsin funds and direct investments in Wisconsin startups.
For nonlocal/national venture funds, NVNG provides access to Wisconsin-based corporations, providing insight and potential acquisition partners. For local venture funds, NVNG provides capital and access to new deal flow and potential syndications through the fund’s national partners.
For private and corporate investors, the NVNG portfolio helps remove barriers for local investors to access high-performing funds and ensure a more comprehensive approach to venture capital, with the benefit of driving deal flow in the state.
Early investors in Fund I include ÂÂÂExact Sciences, Baird, Johnson Financial Group, West Bend Insurance, and A.O. Smith. A list of NVNG’s strategic partners can be found online, as can a list of funds that NVNG is investing in.
