Innova nails TNInvestco goal

Innova Fund II may be the first TNInvestco company to plant its flag in the insurance industry. VNC reported today that there may eventually be 10 winners, rather than six, and the capital pool could rise to $200MM. Now, Innova's Ken Woody has confirmed that his fund has "successfully closed on a commitment for all of our $20MM allotment of tax credits. Four Bridges assisted us in that transaction," Woody told VNC.