Open Prairie has a proven track record in fund performance and taking its portfolio investments from start to profitable exit via syndication, acquisition and IPO. The firm has managed multiple funds with combined assets of over $195 million.
- The Open Prairie Rural Opportunities Fund, L.P. is the firm's newest fund. Licensed by the USDA as a Rural Business Investment Company, the fund is targeting commitments of $100 million and is focused on investments that will impact growth in food, agribusiness and rural America. The fund recently completed a first close on over $55 million from a broard base of strategic, institutional and individual investors and is actively seeking investment opportunities.
- Open Prairie Ventures II, L.P. is a $30 million (2008) fund that has invested in seven early-stage agricultural technology and medical device companies. The fund achieved an exit in 2009 with Sony Corporation's acquisition of iCyt.
- Open Prairie Ventures I, L.P. was a $40 million (1999) fund that completed 15 investments in early-stage companies. The fund was a top decile performer for vintage, highlighted by the IPO’s of TomoTherapy (Nasdaq: TOMO) and InfoBlox (NYSE: BLOX) both with market caps exceeding $1 billion.
- Southwest Michigan Life Science Fund is a $75 million double-bottom-line fund with investments in biotech, pharmaceutical, and medical device companies that complement the assets of the Kalamazoo, Michigan region.