First Union Corporation

In 1908 was created First Union Corporation, which is appeared as Corporate Investor. The leading representative office of defined Corporate Investor is situated in the Charlotte. The fund was located in North America if to be more exact in United States.

We can highlight the next thriving fund investment areas, such as Finance, Wireless. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight ManagedStorage International, Quantum Bridge Communications, The Consumer Financial.

This First Union Corporation works on 14 percentage points more the average amount of lead investments comparing to the other organizations. Considering the real fund results, this Corporate Investor is 13 percentage points less often commits exit comparing to other organizations. The high activity for fund was in 2000. The fund is constantly included in less than 2 investment rounds annually. The higher amount of exits for fund were in 2004. The common things for fund are deals in the range of 50 - 100 millions dollars.

The typical case for the fund is to invest in rounds with 6-7 participants. Despite the First Union Corporation, startups are often financed by Crosspoint Venture Partners, Woodside Fund, New Enterprise Associates. The meaningful sponsors for the fund in investment in the same round are Pamlico Capital, Providence Equity Partners, Morgan Stanley Dean Witter. In the next rounds fund is usually obtained by Stolberg Equity Partners, Spire Capital, Meritage Funds.

Notable deals

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