Angel Capital Group is rapidly becoming a syndicate of angel funds.
Knoxville, TN (PRWEB) February 27, 2015
Angel Capital Group (ACG), a leading national angel investor network, is proud to announce that it has partnered with the TriState Angel Investor Group (TSAIG) to expand its syndicate of angel funds. TSAIG officially opened its fund to angel investments in January of 2015. The fund seeks early state, private equity companies for investment across a broad market of technology enabled companies.
Eric Dobson, CEO of ACG, elaborated on the partnership saying, “Angel Capital Group is rapidly becoming a national syndicate of angel funds. We believe this is the time for a national brand for angel investing.” Dobson added, “We provide the best of both worlds by curating local and regional deals and providing our investors with access to a proprietary national deal flow.” ACG has been investing in startup companies for ten years, has investment across a broad selection of markets. Dobson concluded, “We are seeking local deals from around the market to provide access to national capital and expertise. We expect to form and aggregate many more funds over the next five years to create a truly national, fully syndicated network of funds.”
Mick Fosson, General Manager of TSAIG added, “One of the challenges for regional angel investment groups, like our Tri State Angel Investment Group, is being able to access enough high quality dealflow to allow the group’s fund(s) to be sustainable. By partnering with the Angel Capital Group, a national dealflow pipeline becomes easily available. Investment in high quality deals provides more opportunities for increasing the size of the regional fund(s) that can then be utilized for more local investments. We view this as a true win-win partnership.”
About TriState Angel Investor Group
TriState Angel Investor Group is an early stage private equity fund located in Ashland, KY. It serves the Tri State area (Ohio, Kentucky, and West Virginia) investing in local and regional technology enabled companies. To apply for funding, please visit tristate.venture360.co or contact Mick Fosson, mick.fosson(at)kctcs(dot)edu.
About Angel Capital Group
Angel Capital Group is a fully syndicated “angel” capital private equity network with operations in nine states. ACG recently consolidated its operations with RAIN Source Capital. The combined entity enjoys a 10 year history and has invested approximately $44M in 131 companies across a variety of market sectors. The combined portfolios have created over 4500 jobs and $750M in follow-on capital investments by other funds. For additional information about Angel Capital Group and its investment criteria, visit online at http://www.theangelcapitalgroup.com, @angelcapitalgr, or http://www.facebook.com/angelcapitalgroup.