MINNEAPOLIS - Norwest Venture Capital has formed a new private equity investment fund capitalized at $200 million by Norwest Corp.

Daniel Haggerty, president of Norwest Venture Capital, said the new fund, Norwest Equity Partners 5, will seek the same kinds of equity investment opportunities Norwest Venture Capital traditionally has pursued. Such opportunities range from investments in emerging growth companies to management buyouts of more established businesses.

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