Pharos Capital Group

No leg-up? TCRS pension-assets 'Set-aside' for TN firms uncertain

May 13, 2013 at 06:44 am by miltcapps

THE NOTION of creating allocations of Tennessee Consolidated Retirement System (TCRS) assets expressly for investment by in-state private-equity firms remains an idea with few.... Read More

TCRS private-equity commitments reach $900MM as Villere departs

May 13, 2013 at 06:44 am by miltcapps

Update: 28 January 2014 - TCRS announced that formerly Interim PE director Daniel Crews was named successor to Lamar Villere.-Ed.   MAJOR PLAYERS among national and global v.... Read More

Care Technology Systems says Healthcare venture veteran Hertik joins board

Sep 04, 2012 at 11:29 am by miltcapps

CARE TECHNOLOGY SYSTEMS, the Nashville-based provider of comprehensive electronic monitoring for the elderly or disabled living independently, has added entrepreneur-investor.... Read More

Gov. Haslam's INCITE program stirs to life via 'Venture Incite' A-round

May 14, 2012 at 10:08 am by miltcapps

VENTURE INCITE, the Oak Ridge-based company founded by Nashville-based Solidus and its TNInvestco fund, will use recent A-round funding to "attract the best regional and natio.... Read More

Chancellor's TNInvestco records decision against Coleman

Mar 02, 2010 at 03:13 pm by miltcapps

Nashville Chancery Court Chancellor Russell Perkins' decision released today gives a win to two state commissioners who sought to keep confidential TNInvestco records demande.... Read More

Quick Take: New Seed fund may be on RightSide

Mar 01, 2010 at 10:50 am by miltcapps

Some experts say the "seed-stage" venture model is broken and even Angels are seed-averse. Meanwhile, here in Tennessee the new TNInvestco funds have been encourage.... Read More

NEWSBITS, Feb. 11, 2010

Feb 11, 2010 at 12:38 pm by miltcapps

Pharos Capital Managing Partner Michael Devlin (left) told an audience gathered here yesterday for a panel discussion of IPO, M&A and financing trends that he believes it'.... Read More

Quick Take: TN VCs comment on Private-Company Exchanges

Feb 11, 2010 at 12:37 pm by miltcapps

Some Tennessee VCs say they see merit in the exit options provided by a batch of new private-company exchanges, including Portal Alliance and Second Market. In a Jan. 25 repo.... Read More

NEWSBITS, Feb. 8, 2010

Feb 08, 2010 at 01:46 pm by miltcapps

CredenceHealth update: VNC has learned CredenceHealth has hired Terri Mitchell (left) away from Thomson Reuters in the Raleigh area, where she was manager of clinical consulti.... Read More

VCs form industry consortium, as TNInvestco nears kickoff

Jul 27, 2009 at 07:25 am by miltcapps

The state's venture capitalists are studying the rulebook, scouting for teammates and sizing-up the referees who'll control the TNInvestco tournament for 10 years. Just over t.... Read More

CredenceHealth leverages Angel money and Feds' pressure

May 14, 2009 at 08:58 am by miltcapps

Note: CredenceHealth sold in March 2011 to Xerox's Affiliated Computer Services, release here. Data Advantage, referred to in this story, was sold in 2010 to sector consolidat.... Read More

Sidebar: Opinions on CAPCO vary among VCs

May 01, 2009 at 08:35 am by miltcapps

As previously reported by VNC, venture capitalists, particularly those who want state incentives managed by Tennessee firms, have differing opinions on the legislative proposa.... Read More

Venture capitalists standing-down from FONCE battle

Mar 30, 2009 at 09:44 am by miltcapps

Salix Ventures Chief Financial Officer Rob Ivy confirmed Friday that Tennessee venture-capital firms find they no longer have a beef with Gov. Phil Bredesen's plan to close a.... Read More

NEWSBITS March 30, 2009

Mar 30, 2009 at 09:44 am by miltcapps

In today's Tennessean, Nashville VCs comment on near-gridlock resulting from closed IPO window, lower valuations for entrepreneurs and need for exits through sales to strategi.... Read More

Stakes are rising for TTDC, as VC group presses for change

Nov 28, 2008 at 02:50 pm by miltcapps

Feelings run deep among venture-capital executives who believe the state is doing far too little to advance high-growth sectors of the Tennessee economy. In the face of that e.... Read More

Game-changing ideas for Tennessee venture capital

Nov 28, 2008 at 02:47 pm by miltcapps

If high-growth development in Tennessee doesn't accelerate in the next few years, it won't be because of a shortage of ideas or a lack of smart plans and programs designed to.... Read More

Nashville VC: 'Pushover' entrepreneurs need not apply

Nov 09, 2008 at 05:43 pm by miltcapps

During last week's venture-capital panel discussion here in Nashville, the Most Sobering Comment Award probably went to Sid Chambless, the executive director of Nashville Capi.... Read More

Tennessee Technology Development Corp. sharpens venture focus

Nov 07, 2008 at 10:56 am by miltcapps

Tennessee Technology Development Corporation yesterday reported further progress in stitching-together the state's science and technology stakeholders. The TTDC board of direc.... Read More

LEAP OF FAITH:<br>Nashville tech exec opens HQ for Czech company ZOOM International

Oct 14, 2008 at 03:09 pm by miltcapps

Updated: 30 March 2016 - Zoom issued an update on its progress here. The INC list showed 157% growth in 2013-15 and revenue now at €12.2M (USD $10.7M). Our 2008 story follows..... Read More

Pharos Capital's flush, but not immune to 'bunker mentality'

Oct 12, 2008 at 05:57 pm by miltcapps

Even with $600 million under management and at least $100 million available for new investments, Pharos Capital Group isn't about to go on a shopping spree in this Bear market.... Read More

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