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Thomson / Gale

Aurora Launches New $52m Fund

BT Catalyst,  May, 2000  

Aurora Funds Inc. of Durham has just closed on a $52 million venture capital fund.

Aurora plans to use the new fund to invest in up to 18 emerging life science and information science companies with strong market potential.

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Harbert Management Corp. of Birmingham, Ala., was the lead investor in the new fund. The North Carolina Biotechnology Center also participated in the new fund with a $500,000 investment.

COPYRIGHT 2000 North Carolina Biotechnology Center
COPYRIGHT 2008 Gale, Cengage Learning