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Alumni Ventures Group's Total Aum Approaches $200M As Firm Raises $25m+ From Three New Funds

by vcaonline.com posted 8months ago 38 views
MANCHESTER, N.H., October 19, 2019-- Today, Alumni Ventures Group (AVG) announced that it is closing on nearly $30M in capital raised from three of its annual funds: Green D Ventures, Chestnut Street Ventures, and Purple Arch Ventures. The funds enable accredited alums from Dartmouth, University of Pennsylvania, and Northwestern, respectively, to invest in the ventures of fellow alums of those entrepreneur-heavy universities. Each fund individually raised $7.5-10 million in capital, to be invested in a portfolio of 20-30 venture deals across stage, sector, and geography over the next year.

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