Plymouth Ventures Announces Successful Final Close for New Fund
lymouth Ventures announced today the final close for Plymouth Venture Partners III (PVP III). Surpassing its fundraising target of $60 million, PVP III will continue to execute on the same strategy and focus as PVP II.
We are delighted to close so quickly on PVP III and continue to deploy capital to growth stage companies here in the Great Lakes region. We were fortunate to have strong backing from our PVP II limited partners, who are participating in PVP III in large numbers, and from institutions – over 50% of PVP III’s committed capital comes from regional institutions.