Nashville prominent in plans of OKC PE fund

Hall Capital Partners out of Oklahoma City has recruited Nashville health care veteran Billy Webb to lead its new local office, which has opened as its latest $100 million preps to hit the streets. Webb spent seven years at surgery center chain Symbion before heading up a local office for Georgia-based health IT venture HealthPort.

“This is a space that Fred wanted to be in with the fund, and we felt like we could work collaboratively to look for opportunities particularly in the Nashville market.”

The new fund, like its predecessors, will focus on investments in family-owned firms positioned for a change in ownership and firms that need money to grow, Hall said. The company will primarily invest in and around its offices in Oklahoma City, Dallas, Chicago and now Nashville, he said.

Click here for more info on Hall Capital.

Dec 12, 2011 7:29 AM

Experience a must for INCITE cash suitors

State ECD officials say firms coveting a $3 million slice of the $30 million the department will allot as part of its INCITE start-up investment initiative must have a good track record. WPLN's Blake Farmer talked to Ryan Gooch, who says investors must have already put to work $15 million to become eligible for INCITE's co-investment cash.

The plan is designed in part to attract investment from places like New York City or Silicon Valley.

“If that capital is coming in from somewhere outside the state into a Tennessee company, we think that’s a win.”

Gooch says either way, Tennessee start-ups will be getting capital they need to expand. The companies receiving the investment must be headquartered here, with most of their employees also located in the state.

Dec 6, 2011 11:26 AM

Council Capital invests in Payment America

Firm, affiliated TNInvestco attracted by growth of revenue cycle management
Nov 29, 2011 2:12 PM

New VC firm hits town seeking to partner with growth-stage companies

Industry veterans pair up to start Family Venture Management
Nov 8, 2011 2:42 PM

change:healthcare raise comes from new California innovation fund

After SEC filings show company well on its way to finishing $8M funding round, identity of lead investor is revealed
Oct 19, 2011 10:10 AM

change:healthcare raises $6.8m of $8m

Just briefly, according to SEC filings, change:healthcare has raised $6.8 million of an $8 million funding round.

Disclosure: Among the investors was Solidus Partners which has a major investment in's parent SouthComm

Oct 18, 2011 6:45 AM

Petra invests in Florida specialty pharma play

Local venture group joins forces with partners to fund new company
Oct 14, 2011 11:51 AM

TNInvestco funds put money to work in filtration, health care info ventures

In a wrap of recent regional venture capital activity, Milt Capps highlights a number of investments made by Nashville-based funds. Both the Limestone Fund and the XMi High Growth Development Fund have put about half a million dollars to work in an Oak Ridge companies that makes filtration technology. Separately, the TriStar Technology Fund has acquired a convertible note from MedCenterDisplay, which services gear and information for medical waiting rooms.

Oct 4, 2011 11:54 AM

Council leads funding round for pharmacy player

After helping to turn around struggling company, venture firm chips in on latest raise
Sep 19, 2011 11:00 AM

Jumpstart Foundry class prepares for investor pitches

After 14 weeks in intensive accelerator program, six companies hope to wow potential investors at investor day
Aug 25, 2011 12:54 PM