90 likes | 204 Views
Utah Fund of Funds. NanoUtah Conference November 2007. Primary Objectives of the Utah Fund of Funds. Increase the amount of venture capital and private equity capital committed to finding Utah investments Increase the expertise and industry focuses working in Utah.
E N D
Utah Fund of Funds NanoUtah Conference November 2007
Primary Objectives of the Utah Fund of Funds • Increase the amount of venture capital and private equity capital committed to finding Utah investments • Increase the expertise and industry focuses working in Utah Confidential
Utah Fund of Fund Organization Chart Confidential
Utah FoF’sActivitiesso Far • Committed 90% of $100 million to 18 venture funds • Negotiated over 1,000 days time commitment by non Utah funds to spend with local entrepreneurs • Balanced investments to matches Utah industry: • Tech/IT fund Investments: 44% • Life Science fund investments: 39% • Specialty fund investments: 17% • Balanced geographic diversity • Regional: 6 UT funds, 1 ID fund • National: 7 CA funds, 3 NY/Boston funds, 1 CO Confidential
The FoF’s Portfolio of Commitments Confidential
Current and Potential Economic Impact of the Utah FoF Confidential
Utah Fund of Funds Activities(outside of investing) • Match Making • Encourage entrepreneurs and business community to network with FoF portfolio • Utah Fund of Funds consults with Utah companies and if applicable makes introductions to potential investors. Confidential
Utah Fund of Funds Activities(outside of investing) • Workshops • Utah Fund of Funds hosts workshops throughout the year on specific entrepreneurial and fund raising topics. • Visit www.utahfof.com for video of past workshops and upcoming workshops. • Next work shop – “Angel Investor Term Sheets” Nov 14th, Provo Utah. Confidential
Utah Fund of Funds Benjamin Forsyth Analyst (801) 521-3078 bforsyth@utahfof.com Confidential