50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund (NDGF or the Fund), recently launched its interactive website for the Fund. The Fund was created, with the support of the State Investment Board, to further advance innovation and private markets investments in the state by seeking investments that provide strong risk-adjusted returns and support the growing entrepreneurial ecosystem in the state.
“North Dakota has a tremendous number of funding resources for entrepreneurs across investment stages and industries”
50 South Capital is a leading alternatives investment firm and a wholly owned subsidiary of Northern Trust, a leading, global financial services firm.
The dedicated site is designed as a tool for entrepreneurs, business owners and private fund managers to learn more about NDGF, including its investment strategy, eligibility requirements, investment policy statement and investment portfolio.
The site also enables private business owners, fund managers and entrepreneurs to confidentially submit their interest in connecting with 50 South Capital and NDGF’s fund managers and underlying portfolio companies.
“North Dakota has a tremendous number of funding resources for entrepreneurs across investment stages and industries,” said 50 South Capital Co-Founder & Managing Director Bob Morgan. “We look forward to the Growth Fund’s website serving as a helpful tool for the state’s world-class founders and business owners looking to identify and review such resources in one dedicated space.”
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“With the support of the State Investment Board, we have moved expeditiously to form the Fund, launch the website and establish our North Dakota presence, as the equity capital needs for entrepreneurs in the state are significant and we see a tremendous opportunity ahead of us,” said 50 South Capital Managing Director Trey Hart. “We greatly appreciate the opportunity to work with state officials in meeting the equity capital needs of entrepreneurs, business owners and private fund managers.”
