St. Louis Group Raises Additional $1.42 Million

Photo by Nicole Lunger
Photo by Nicole Lunger

A group of St. Louis businessmen who raised more than $12 million in March have raised another $1.42 million, according to documents filed with the Securities and Exchange Commission. The documents show LC Co-Invest Holdings LP, a group led by Robert Millstone, Fred Flegel and G. Mark Disper, raised the capital from 14 investors beginning in mid-November.

In March, Millstone and Flegel raised $12.9 million for the FSM Fun L.P. Millstone said that fund would invest in small, privately-held companies and hinted at the possibility that it will focus on investing locally.

Millstone is the founder of a real estate and private equity investment company, The Millstone Co. Flegel is the founder of accounting firm Lopata, Flegel & Co. Disper is a developer who does a majority of his work in St. Louis.

Read more from the St. Louis Business Journal

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