Investors in River Cities Capital Funds made $41 million in recent months as the downtown venture capital firm outperformed its rivals in fueling young businesses that are growing and creating jobs.
Since September, River Cities has sold its stake in five portfolio companies – generating returns for investors of 2.6 to 8 times the dollars put into those companies. Results are so strong that the firm is considering raising a fifth fund later this year or early next.
“We’ve been bucking the trends,” says Dan Fleming, one of seven managing partners at the 17-year-old firm.
To read the full, original article click on this link: River Cities on a roll | CommunityPress.com | cincinnati.com
