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True Beauty Ventures eyes growing beauty businesses.
June 15, 2020
By: Happi Staff
True Beauty Capital—founded earlier this year by Richard Gersten to focus investments exclusively in the beauty, wellness and personal care industry—has reportedly started a new fund to focus on small equity investments in the sector. According to reports from Yahoo Sports and WWD, True Beauty Ventures will invest up to $5 million in businesses with at least $2 million in revenue. In addition, reports cite that Cristina Nuñez, an executive from Clark’s Botanicals, will lead the new venture....
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