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Sunday, July 18, 2010
DBJ Exclusive: "‘Fund of funds’ a top priority as Baumunk takes over CBSA" "Holli Baumunk took over as president and CEO of the Colorado BioScience Association (CBSA) on July 12. She already
was familiar with the state’s biotech drug and medical device companies from working as vice president of the Metro
Denver Economic Development Corp. A top priority of her first year will be working on creating a “fund of
funds,” designed to supply capital to private venture funds investing in startup companies that commercialize Colorado
technologies in the biotech drug, medical device, biofuel and clean technology fields. An industry road map prepared for the
CBSA in 2008 recommended pushing for a $250 million “fund of funds” similar to ones in other states that use money
from state employee pension funds and other investors." Link to Greg Avery's profile of Holli Baumunk in today's DBJ
2:18 pm edt
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