Piedmont Investment Advisors, LLC Through its Affiliate Militello Capital has Formed a Venture Capital Fund

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Wednesday, August 1st 2012
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Piedmont Investment Advisors, LLC through its affiliate Militello Capital has formed a Venture Capital Fund to fill the void and bridge the dislocation between idle investor capital and great ideas.

Leesburg, VA (PRWEB) August 01, 2012

Piedmont Investment Advisors, LLC (http://www.PiedmontRIA.com), through its affiliate Militello Capital has formed a Venture Capital Fund.

Piedmont’s version of authentic capitalism, in stark contrast of the status quo of risk adverse banks and conflict of interests of Wall Street firms, fills the void and bridges the dislocation between idle investor capital and great ideas. “My belief is that many innovative ideas are being overlooked and the opportunity for investors to share in the growth of these ideas is being missed in today’s “way” of doing business in financial services today,” says William Militello, Founder of Piedmont Investment Advisors.

“This is an important asset class and the time is now,” says Matthew Brady, Managing Director at Piedmont Investment Advisors. He continues, “The Fund’s objective is to create a Start-Up Index and assemble a mutual fund-like diversified portfolio of privately held, early stage technology companies.”

Since its launch, the fund has made investments in the following companies: CampEasy, Lemur IMS, Social Tables, TRX Systems, Montage Healthcare Solutions, and Social Toaster.

According to Militello, “The hope and dream of every budding entrepreneur (the great American dream) may be realized through the fund which ushers in the arrival of the long awaited democratization of the capital formation process.”

Piedmont Investment Advisors, LLC

Piedmont Investment Advisors, LLC, located in Lansdowne (Leesburg) Virginia, is a registered investment adviser under the Investment Advisers Act of 1940. When Bill Militello, a graduate of the U.S. Naval Academy, founded Piedmont Investment Advisors in 2003, he set out to create not just another financial advisor or boutique investment firm, but rather to create a new “category” in financial services.

His view is that the delivery of investment advice by financial advisors was ripe for innovation, and it has been Militello’s vision to challenge the conventional model. He believes that asset allocation should not be constrained to just the public financial markets. To execute this philosophy, Piedmont Investment Advisors has developed a revolutionary investment model that is composed of three interdependent concepts: Liquidity, Wealth Creation, and Wealth Preservation.

Visit (http://www.PiedmontRIA.com) to learn more.

The information contained herein should not be construed as personalized investment advice. Investing in venture capital companies involves some degree of risk and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. The companies highlighted above are not necessarily the highest performing investments in the fund, but are noted as purchases made to date. The reader should not assume that investments in the companies identified were or will be profitable.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/8/prweb9755508.htm