- 632 West 6th Avenue
- Anchorage, Alaska 99501
- © 2012 Municipality of Anchorage
The 49th State Angel Fund makes most of its capital available through partner funds. After undergoing a thorough process from 49SAF, partner funds generally secure private capital which matches 49SAF’s investment into the entity (for example: $2 million from 49SAF in addition to $2 million from private capital). Then local professionals run the partner fund, investing in Anchorage businesses.
49SAF’s current partner funds:
Alaska Accelerator Fund – Seed
An early-stage fund that seeks to “accelerate” and add value to startups by leveraging the experience of managers, advisors and angel investors. Target portfolio companies are at the plan or prototype stage.
Managers: Al Hermann, Forrest Nabors, Ky Holland, Katherine Jernstrom, Brit Szymoniak
Investment Range: $50,000 – $340,000
Details: email@example.com , firstname.lastname@example.org , email@example.com , firstname.lastname@example.org , email@example.com
49th Fund – Growth
A fund focused on financing high-growth businesses. Welcomes manufacturing, technology and import substitution opportunities; considers other sectors. Target portfolio companies are post revenue.
Managers: Jamie Kenworthy, Carol Howarth
Investment Range: $200,000 – $400,000
Contact: firstname.lastname@example.org and email@example.com
Anchorage Opportunity Fund – Expansion
A fund that increases financial capacity at proven firms seeking to expand operations. Target portfolio companies are more mature, with a preference for five years or more of operating history.
Managers: Mark Kroloff, Jonathan Rubini
Investment Range: $200,000 – $800,000
Anchorage Equity Partners – Expansion
A flexibly structured fund that can invest in a wide variety of firms. Target portfolio companies are those with at least one full year of revenue history, or firms in need of capital raises in excess of $1 million.
Managers: Neil Gunn, Paul Wiltse
Investment Range: $250,000 – $1,000,000+
Contact: firstname.lastname@example.org and email@example.com
For more information about submitting a partner fund proposal to 49SAF, e-mail us at firstname.lastname@example.org