Affiliated Investment Funds
Managing the Risks of Venture Capital Businesses
Third Security manages and has historically managed (i) life-science focused venture capital investment funds, which we refer to as "New River Management Funds," and (ii) smaller regionally focused venture capital investment funds, which we refer to as the "Regional Funds." We refer to our New River Management Funds and our Regional Funds collectively as our "Affiliated Investment Funds." Each Affiliated Investment Fund has its own general partner, and Third Security serves as each general partner's manager.
New River Management Funds: Third Security is dedicated to investing in and managing the risks and challenges of high-growth, technology-driven venture capital businesses. Third Security brings focus, experience, vision, and unity of purpose—in addition to capital—to the investment management process by making investments in companies across a broad spectrum of developmental and investment stages, from early-round venture capital opportunities to providing expansion capital for revenue-generating businesses.
The following constitute our New River Management Funds:
New River Management Company, LLC (1996 – 2002)
New River Management II, LP (2003 – 2012)
New River Management III, LP (2004 – 2011)
New River Management IV, LP (2006 – 2016)
New River Management V, LP (2007 – 2017)
New River Management VI, (Launched 2009)
New River Management VII, LP (Launched 2012)
Regional Funds: In addition to the New River Management Funds, the Affiliated Investment Funds include the following regional funds:
NewVa Capital Partners, LP (2004 – 2014)
Valleys' Ventures, LP (2013 – 2017)
The objective of NewVa Capital Partners, LP was to invest in companies willing to begin operations in, relocate to, the Roanoke Valley, the New River Valley, or the Alleghany Highlands of Southwestern Virginia.
The objective of Valleys' Ventures, LP was to invest in companies willing to commence operations in or willing to relocate to an area within 100 miles of Montgomery, Roanoke, or Botetourt counties of Southwestern Virginia.
Click on the logos on the right side of this page for news about the portfolio companies of our active Affiliated Investment Funds.
All of the Affiliated Investment Funds are closed to new investors.