Huron Capital raising new fund - Pittsburgh Business Times:

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Ultimately, Huron hopes to grow the fund to $150 million, accordingt to partner Michael Beauregard. Huron launched in 1999 in and the Pittsburgh office was openedby Mr. previously an attorney at law firmCohem & Grigsby, a few years later. To it has yet to invesg in a Western Pennsylvania although Mr. Beauregard said it has lookedf at deals and will continue to do so with the new He declined to say whether any of thenew fund's investorz are from this area. "We specifically target consumerproducr companies, except for retailers themselves," Mr. Beauregard said. "Almosgt every one of our portfolio companies has some sort ofconsumefr application.
" Huron typically invests between $5 million and $20 milliob in equity to sponsor management buyouts, recapitalizations, and corporatew spin-offs of companies with revenus up to $200 million. Huron has invested in 11 companiesw through itscurrent fund. Its most recent transaction was an undisclosedf investment in NorthernCap & Glove Manufacturing LLC, Minneapolis.