PORTLAND,
OR – The Oregon Investment Fund announced that it has placed two investments
with venture capital firms, both which are based out of state.
The fund placed funds with Sherbrooke Capital, based in Boston and with Nth
Power which is based in San
Francisco. Both
firms have offices in Oregon. Sherbrooke Capital focuses on growth and
expansion stage investments and Nth Power on early stage energy-related
ventures.
The venture capital firms are required to invest the money
primarily in Oregon
or Pacific Northwest-based companies.