Photo: Ben Schumin, published under a CC BY 2.5 licence.
The Rowan Innovation Venture Fund (RIVF), the $25 million1 startup investment vehicle for Rowan University in the US, will now be managed by a newly established venture capital firm, Garden State Venture Partners (GSVP).
Shifting fund management to an external venture firm is being dubbed a “significant milestone”. A noteworthy evolution will be a new vehicle, to be unveiled soon, for larger, later-stage investments.
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