Venture capitalists Parag Saxena, Alessandro Piol and Howard Goldstein, formerly of Invesco Private Capital, have launched Vedanta Capital.
Vedanta initially will focus on venture investments but anticipates a wider array of global venture capital and private equity activities, Vedanta Capital announced in a statement.
Saxena and Goldstein have been investing together since 1984, when they both worked at Citicorp Investment Management.
Piol has worked with Saxena and Goldstein since 1995.
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Parag Saxena, Alessandro Piol, Howard Goldstein launch Vedanta Capital