T. Rowe Price leads online auto retailer’s $76 million fundraising round

One of T. Rowe Price Group Inc.’s star stockpickers may have found his latest gem.

The Baltimore-based money manager’s New Horizons Fund participated in online auto retailer Vroom’s $76 million Series F round of funding. Henry Ellenbogen, the portfolio manager who oversees the $18.4 million fund, has a national reputation for identifying companies early before they go public. His resume includes investing in Twitter (NYSE: TWTR) and GrubHub (NYSE: GRUB) before they filed their initial public offerings,…

from http://www.bizjournals.com/baltimore/news/2017/07/17/t-rowe-price-leads-online-auto-retailers-76.html?ana=RSS%26s=article_search
from http://baltimorecheckbook.tumblr.com/post/163100187577

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Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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