About NewVa Capital Partners
LP NewVa Capital Partners, LP is a private equity/venture capital fund created to make investments in companies that are considering initiating operations in, currently operating in, or willing to relocate all or a portion of their business to, the NewVa region of southwestern Virginia. The fund was created in 2004 by its founding partners: Virginia Tech Foundation, Carilion Clinic and Third Security, LLC. Third Security RNR LLC is the general partner and manager of the Fund. Third Security, LLC is the manager and operator of Third Security RNR LLC.
NewVa Capital Partners Headquarter Location
The Governor Tyler 1881 Grove Ave
Radford, Virginia, 24141,
Latest NewVa Capital Partners News
Jan 6, 2015
NewVa Capital Partners, a Fund Created to Spur Economic Development in Southwest... -- RADFORD, Va., Jan. 6, 2015 /PRNewswire/ -- NewVa Capital Partners, a Fund Created to Spur Economic Development in Southwest Virginia, is Concluded RADFORD, Va., Jan. 6, 2015 /PRNewswire/ -- Third Security, LLC, a venture capital and investment management firm wholly-owned by Randal J. Kirk, announced today NewVa Capital Partners, LP, a regional investment partnership that it managed, has concluded and is in the process of making a final distribution to its partners. Over the past ten years, NewVa Capital Partners, LP, achieved its goal of spurring economic development in southwest Virginia through a variety of investments, including Synchrony, Inc., a technology development company that was sold to Dresser-Rand Group in January 2012, and an early investment in Intrexon (NYSE: XON ), a leader in synthetic biology that completed its initial public offering in August 2013. Doit Koppler, Managing Director and Treasurer of Third Security, commented, "In order to promote economic development in southwest Virginia, rather than owning a substantial majority of the fund as is typical for Mr. Kirk and his affiliates, we partnered with the Virginia Tech Foundation and Carilion Clinic as majority limited partners to create this fund. We are proud to have played a role in supporting and expanding the economy in southwest Virginia through NewVa's investments. " About Third Security, LLC Third Security is a venture capital firm formed in 1999 to manage investments in public and private companies. Third Security evaluates opportunities in a wide range of industries, but principally focuses on emerging through late-stage investments in life sciences and other technology-based businesses. For more information, visit www.thirdsecurity.com . SOURCE Third Security, LLC