News22/11/2010
Norwest reports Fund XI closed in November 2009 and expands healthcare investing
Norwest Venture Partners →Norwest’s issuer-authored annual milestone release explicitly states that NVP XI closed in November 2009. It also describes the launch of its healthcare practice with Ryan Harris and growth investments in 1010data, Asian Genco and Sadbhav Infrastructure. The release date is not the fund closing date. This contemporaneous account corroborates the 2009 closing announcement rather than the conflicting year in a later retrospective.