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Journal Article
Venture capital investment: Emerging force in the Southeast
Venture capital investment throughout the United States and in the Southeast in particular has grown dramatically in recent years. Pensions funds, bank holding companies, insurance companies, investment banks, and nonfinancial institutions all invest venture capital in pursuit of high returns and as a means of diversifying investment risks. However, returns from such investment have been mixed over the industry's relatively short history. As more and more large institutional investors pour increasing amounts of assets into venture capital and as state and local governments seek to attract ...