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Venture funds questioned as investment strategy
Two venture capital funds linked to Kansas report more than 614000 in write offs and about 511000 in distributions from the same investments. The Ad Astra funds target BioCore Inc. and a Texas firm tied to BioCore, raising debate over use of venture capital for economic development and state involvement in risky investments.
MENTIONED IN THIS ARTICLE
Adiated
Eopeka
Kan
Ad Astra
Ad Astra II
BioCore Inc
Topeka Medical Products
Texas
BioCore
Dave Kerr
R-Hutchinson
Senate
Ways and
Henry Helgerson
Dwichita
Ktec Holdings
KTEC
Kansas Technology Enterprise Corp
Lawrence
Campbell-Becker Inc
Sam Campbell
Campbell-Becker
Campbell
Rubber Recovery Inc
Fort Worth
Harvey Franklin Greenwald
Greenwald
Kansas City
United States
Kansas
House
Tim Shallenburger
Baxter Springs
Greg Packer
Topeka
Doug Spangler
Spangler
Appropriations Committee
Shallenburger