Saturday, 16 December 2017

GSV ASSET MANAGEMENT ANNOUNCES STRATEGIC INVESTMENT FROM HMC CAPITAL-LED GROUP

WOODSIDE, Calif. and NEW YORK, Dec 15 (Bernama-GLOBE NEWSWIRE) -- GSV Asset Management, LLC (“GSV”), a modern merchant bank that identifies, advises, and invests in the fastest growing, most dynamic companies in the world – the Stars of Tomorrow – today announced a strategic investment from a group led by HMC Capital (“HMC”), a leading Latin American advisory and investment firm.

While terms of the deal were not disclosed, the investment will result in a minority ownership interest for the HMC-led group in GSV Asset Management. Proceeds will be used to enhance GSV’s ongoing investment activities, as well as to accelerate its strategic expansion into new business areas and geographies.

http://mrem.bernama.com/viewsm.php?idm=30797

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