Venture Capital Journal - March 2005
The University of Utah has raised a $5 million private equity fund, the University Venture Fund (UVF). making it the largest student-run private equity fund winth outside capital. While the amount is
just a drop in the more than $17.7 billion that U.S. firms raised last year, the University Venture Fund is still very much the real thing. A team of 25 students from the Salt Lake City-based university will invest the funds in private equities and perfonn due diligence. A range of graduates and undergraduates are enrolled, and the program also includes students from Westminster College in Salt Lake City and Brigham Young University in Provo.