CommonAngels, a well-known startup investing group consisting of about 50 Boston-area angel investors, is in discussions to raise a new pooled fund which is expected to exceed the group's current $13 million fund, CommonAngels managing directors Maia Heymann and James Geshwiler said in an interview. CommonAngels would back roughly the same number of companies as part of the larger fund, but would be able to invest more capital into the companies, Heymann said.
To read the full, original article click on this link: CommonAngels eyes larger new fund, as group seeks to act more like a VC - Boston Business Journal