BackFirm News

"Atlanta service providers launch Southeast venture capital fund," Atlanta Business Chronicle

In an article published on April 17, 2017 in the Atlanta Business Chronicle, Nelson Mullins’ Atlanta partner Doug Spear discusses how he is teaming up with Atlanta banker Ned Hill to launch the $5 million Service Provider Capital (SPC) venture fund. Mr. Spear says that often lawyers, accountants, and bankers don’t get an opportunity to invest in venture capital deals. “This is a unique opportunity for service providers, who are otherwise on the sideline financially, to get in the game from a different perspective.” He also explains that while investors in SPC will most likely be service providers, the fund will open to angel investors and high net-worth individuals. For the full article, subscribers to the Atlanta Business Chronicle may click here.