True North Venture Partners
| Type | private |
|---|---|
| Industry | venture capital |
| Founded | 2011 |
| Founder | Michael J. Ahearn |
| Headquarters | Chicago, Illinois , US |
Key people | Michael J. Ahearn, managing partner and chairman |
True North Venture Partners is an American venture capital firm, based in Chicago, Illinois and Phoenix, Arizona. The founder, managing partner and chairman is Michael J. Ahearn, who is also the co-founder and chairman of First Solar.
History[]
True North was founded in 2011 with $300 million.[1] The firm's focus is mostly on early stage companies, with investments ranging from $100,000 to $25 million, and geared towards startups across the energy, water, agriculture and waste industries.[2]
Ahearn was a former partner and president of an equity investment firm called JWMA (formerly called True North Partners, LLC), which he started with John T. Walton, son of Walmart founder Sam Walton, in 1996. JWMA Partners was one of the largest holders of First Solar stock, and Walmart invested $25 million in First Solar in 2008.[2]
Executives[]
- Michael J. Ahearn, founder[3]
- Matthew S. Ahearn[3]
- Dev Gavaskar, Phd[3]
- Rich Hossfeld[3]
- Steven Kloos, Phd[3]
- Norman Stout[3]
- Andrew Williamson, Phd[3]
See also[]
References[]
- ^ Cheyney, Tom (18 July 2011). "First Solar cofounder Mike Ahearn launches $300M VC firm, True North Venture Partners". pv-tech. Retrieved 7 November 2015.
- ^ a b Fehrenbacher, Katie (Jul 18, 2011). "A new greentech VC to pitch: Michael Ahearn & his $300M fund". gigaom.com. Retrieved 12 February 2016.
- ^ a b c d e f g "Our Team". truenorthvp.com. Retrieved 12 February 2016.
- Financial services companies established in 2011
- Investment management companies of the United States
- American companies established in 2011
- Venture capital firms of the United States
- Companies based in Chicago