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0 0 0 0.000800394040142928 -0.00950211386118293 -0.0151869638386077 -0.0311743217173583 -0.0571973894840537
Stock impact report

Seligman Investments Launches $500M Venture Capital Arm

Ameriprise Financial, Inc. (AMP) 
Last ameriprise financial, inc. earnings: 1/29 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.ameriprise.com
Company Research Source: Business Wire
Led by Veteran Investor Umesh Padval, Seligman Ventures expands Seligman Investments’ technology investing platform into venture capital MENLO PARK, Calif.--(BUSINESS WIRE)--Seligman Investments (“Seligman”), the Silicon Valley-based technology investor led by Chief Investment Officer Paul Wick, today announced the launch of Seligman Ventures, a new venture capital arm designed to invest across early-stage to pre-IPO technology companies in the AI and cloud infrastructure, cybersecurity, and modern data-center hardware verticals. The launch represents a strategic expansion of Seligman’s technology investing platform into venture capital, complementing the firm’s long-standing public markets expertise with investments in innovative private startups.Seligman Ventures is led by Managing Partner Umesh Padval, a seasoned investor, former public company CEO and board member, and an accomplished entrepreneur. He is joined by Managing Partner Ashish Kakran and Eddie Ackerman, who serves as Show less Read more
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