BALA CYNWYD, PA--(Marketwire - February 24, 2011) - Osage University Partners announces the final closing of Osage University Partners I, achieving its target fund size of $100 million. The novel venture capital fund has affiliated with leading universities to make direct investments in their most promising startup companies.
Osage University Partners has created a unique model through which it manages the coinvestment rights held by its affiliated universities. These coinvestment rights provide Osage with contractual access to invest in the future financings of some of the most promising startup companies that have licensed technology from these universities. Affiliate universities then share in Osage's profit and can use their proceeds to stimulate further educational, research and commercialization initiatives.
To read the full, original article click on this link: Osage University Partners Closes $100 Million Debut Venture Capital Fund, Affiliates With Leading Universities