Fund of Funds Management
Cimarron and affiliates currently manage fund of fund programs including:
Cimarron was retained in 2002 to design, implement and manage the $70 million Arkansas Institutional Fund, a fund of funds program supported by the Arkansas Development Finance Authority. Cimarron arranged for firm commitments to capitalize the Fund and commenced investing in December 2003.
Cimarron was retained in 2004 to capitalize, implement, and manage the $100 million Iowa Fund of Funds, a program supported by the Iowa Capital Investment Corporation. Cimarron arranged for commitments to capitalize the fund and commenced investing in 2005.
In 1992 Cimarron's principals launched the Venture Investing Program of the Oklahoma Capital Investment Board (OCIB), the first regionally focused private equity fund of funds in the United States. Initially capitalized at $50 million, the program was expanded to $100 million in 1999.