Veteran Nashville financial technology entrepreneur Joe Maxwell will step out of a full-time role at Ipreo, the company to which he sold Shareholder InSite nine months ago, at the end of this year. After that, he tells Milt Capps at Venture Nashville Connections, he will devote the majority of his time to raising a venture capital fund focused on fintech ventures.
Maxwell's "emerging markets and growth fund" will address full-spectrum fintech opportunities, he said, declining to discuss any other general partners, at this time. The new fund is unlikely to do true Seed-stage or Buyout transactions, though such deals are not forever ruled-out.
The Harpeth Capital division that helps private equity and venture capital funds raise money recently put a bow on its work with San Francisco-based Leerink Revelation Partners. The latter had sought $175 million for a vehicle to invest in privately held health care companies. Harpeth's work helped it raise $192 million.
The Post team is present and on top of things at the 36|86 entrepreneurship conference being hosted at Marathon Music Works by Launch Tennessee today and tomorrow. Click here to go to the our landing page on Southern/alpha, where you'll find snippets from the presenters as well as links to broader stories on various topics. Some tasters: One venture capitalist said Silicon Valley is "the last place on the planet" where his team is looking to build a promising company now and an HCA exec told the crowd his technology investment strategy is focused on need and not return.
"We don't have FOMO, because we know what we're looking for" - Will Morrow on HCA's narrow investment strategy— Southern/alpha (@SouthernAlpha) June 9, 2015
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