Covington Assumes Control of Genesys Capital Funds
Covington Capital has taken over management of two venture capital funds -- New Generation Biotech Equity Fund and New General Biotech Balanced Fund – from Genesys Capital Partners. No financial terms were disclosed. In related news, NGBE has sold portions of its positions in Affinium Pharmaceuticals, Epocal and NeurAxon to “an institutional purchaser.”
19 September 2008•2 mins read
