Rustic Canyon / Fontis Partners, LP, a company organized to invest in companies serving high-growth segments of Hispanic and Asian markets in the Western United States, announced an initial close of $70 million as part of its plan to raise a total of $150 million.

The Fund will place particular emphasis on companies serving the growing Hispanic and Asian markets in the Western United States, focusing on the region's fastest-growing business segments: minority- and women-owned businesses. Initial investors include CalPERS, the Banc of America California Community Venture Fund, CalSTRS/Banc of America Capital Access Fund, The New Mexico State Investment Council and Wells Fargo Bank.

INFO SOURCES

Rustic Canyon / Fontis Partners, LP

INVESTMENT COMMITTEE

Fontis: Daniel D. Villanueva, Gabrielle Greene and Daniel L. Villanueva

Rustic Canyon: Managing Partner, Tom Unterman, and a senior partner, Renee LaBran

PEOPLE

Daniel D. Villanueva - a founding member of Univision