Venture capital investor Peter Kellner plans to set up shop in Miami.
Kellner’s fund, Richmond Global Ventures, already has offices in New York and Silicon Valley. Richmond is raising an $80 to $125 million venture fund that is focused on early-stage companies, both domestically and internationally.
Richmond invests heavily in technology-focused companies seeking Series A and B funding. The fund has made one investment and is working on three more, according to the Miami Herald.
“We feel confident that with three offices, one of them should be in Miami,” Kellner told the paper. [Miami Herald] – Chris Guanche