Milt Capps over at Venture Nashville has the scoop on XMi Holdings executives' plans to build out their investing lineup with a new $20 million fund that will have the freedom to invest in a variety of sectors. The fund will look to take large stakes in promising companies, a good number of them likely in health care.
It has prospects in mind for investment, drawn from among companies with which XMi executives have become familiar in recent years. And, said Phillips, it will be "turning-on the spigot for referrals."
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