LG AND CLEARBROOK ANNOUNCE STRATEGIC INVESTMENT FUND TO ACCELERATE GLOBAL INNOVATION streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
LG Electronics said Thursday it has forged a strategic alliance with Clearbrook, a global investment advisory and asset management, to collaborate on a venture capital fund targeting more than $100 million. The venture capital fund, dubbed Nova Prime Fund, is aimed at fostering companies advancing innovations to build a better future, and will be investing in those participating in the Mission for the Future Program .
In its commemoration of the historic 125th running of Larchmont Yacht Club’s annual Race Week (July 14-23, 2023), the Club “re-envisioned” the event to