Private-company exchanges get scrutiny

VCs looking for greater liquidity for portfolio companies might want to take a closer look at the new private-company exchanges. Nashville comments from Jan Bouten, Rob Ivy, John Chadwick, Jim Phillips. The story's here.

Promos at Pharos Capital/Dallas

Pharos Capital Group, based in Nashville and Dallas, announced its promotion of Joseph Acevedo (Left) to VP and Ryan Shelton to associate. Both will become more involved in Pharos portfolio-company monitoring, due diligence and deal flow.

Pharos in med-devices

Nashville/Dallas-based Pharos Capital invested again in a Series B round for med-devices maker Pioneer Surgical Technology of Marquette, Mich. InvestMichigan! Growth Capital Fund was a first-timer in the round, while Pharos, Highlander Partners, Hopewell Ventures and River Cities Capital took a second bite. Our earlier profile of Pharos is here.