FOF  Arkansas Institutional Fund (AIF)

http://arkansasinstitutionalfund.com





     Office Locations:

900 West Capitol, Suite 310
P.O. Box 8023
Little Rock, AR 72203-8023
Phone: 501-223-3284

 

Stages:

  • Early


 

Industries:

  • Information Technology

  •  

    Description:

    The Arkansas Institutional Fund (AIF) works to build the state economy by increasing access to venture capital for innovative Arkansas businesses. Established in 2005, the AIF program is expected to result in over $420 million of equity, near equity, and debt capital for Arkansas businesses through its first and second rounds of investment. Over time, AIF is committing approximately $70 million to private equity and venture capital funds that provide early stage capital, traditional venture capital, later stage and expansion capital, and special situations capital. AIF is a fund of funds venture capital investment program designed to produce a surplus, the majority share of which goes to the state. AIF is authorized by the Arkansas Development Finance Authority (ADFA). The equity interest in AIF is held by the Arkansas Venture Capital Investment Trust. AIF is managed by Cimarron Capital Partners, LLC. AIF operates under an investment policy approved by the ADFA (see profile) Board of Directors.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Michael Tharp CFA Managing Director
    Robert Heard Managing Director

     

    Portfolio companies include:


      Memphis Biomed Ventures II
        web link


      Meritus Ventures
        web link


      Noro-Moseley VI
        web link


      Petra Growth Fund
        web link


      SSM Venture Partners III
        web link


     

    Recent News:


      There is no recent news for Arkansas Institutional Fund (AIF).