Northwestern Mutual to Put $150 Million in New Venture Capital Fund

Northwestern Mutual says the new fund, like the old fund, will ”engage startups whose technologies have the potential to further transform how people experience and achieve financial security.”

Investments will range from $500,000 to $5 million.

Some of the target companies will be startups that are “building for consumers’ changing financial preferences” and “reimagining the client experience,” Northwestern Mutual says.

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