FOF  Iowa Capital Investment Corporation

http://www.investiowa.com





     Office Locations:

2600 Grand Ave., Suite 410
Des Moines, IA 50312

 

Stages:

  • Early


 

Industries:

  • Information Technology

  •  

    Description:

    The Iowa Fund of Funds is a $100 million program organized by the Iowa Capital Investment Corporation (ICIC). In 2005 ICIC engaged Cimarron Capital Associates I, LLC as the professional manager of the Iowa Fund of Funds program. The program, which raises private investment capital supported by contingent state tax credits, operates without State appropriations. No contingent tax credits have been used nor projected to be used to-date. As a result, there has been no cost to taxpayers to create and operate ICIC nor the IFOF. The Iowa Fund of Funds is designed to help build a professional venture capital industry to serve Iowa entrepreneurs. ICIC is a private, non-profit organization authorized by Iowa statute to serve as General Partner of the Fund of Funds and provide oversight and guidance to the Fund Manager. The first investment by an ICIC-supported venture fund in an Iowa company was made in 2007.



    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.
    Dennis Murdock President ICIC
    Mark Huston Portfolio Manager
    Michael Tharp Managing Director
    Robert G. Heard Managing Director

     

    Portfolio companies include:


      LFE Growth Fund II
        web link


      OCA Ventures II
        web link


      Petra Growth Fund II
        web link


      Prolog Capital II
        web link


      Stone Arch Capital II
        web link


      Tonka Bay/Bayview Capital Partners Fund II
        web link


      Village Ventures Fund II
        web link


     

    Recent News: