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Amherst Fund LLC operates as a private investment firm, specializing in private equity and venture capital from Ann Arbor, Michigan. The company historically provided capital to privately held businesses across diverse sectors and stages, primarily within the Midwestern region. Its strategy focused on identifying and supporting these enterprises for growth and returns.
Established in 1998 by Amherst "Nub" Turner, the firm leveraged his extensive experience in launching and managing businesses. His founding insight addressed the critical need for strategic capital and operational guidance among private enterprises. His son, Matt Turner, now leads as CEO, continuing the fund's specialized investment management.
Historically, Amherst Fund partnered with numerous growth-oriented companies. The firm has since largely exited its majority control investments but actively manages its remaining portfolio, including non-controlling stakes in select growth companies. Its ongoing vision focuses on the diligent stewardship and value maximization of these enduring assets.
Amherst Fund has 6 tracked investments across 2 companies. The latest tracked deal is $8.0M Series C in Fusion Coolant Systems in October 2018.