Full Circle Investments plans $30M “gap” fund
” Full Circle Investments LLC is raising a $30 million commercialization fund that will invest in young companies and technologies developed at a handful of research institutions, including Carnegie Mellon University and the University of Pittsburgh.
“We’re bridging the gap between research labs and large corporate entities,” said FCI’s managing partner Kurt Buseck, whose background includes running the New York City office of Canadian private equity giant Onex Corp. He was also a founding member of Bear Stearns’ Principal Investment Group. [BusinessTimes, more]