Nestor raises $3.1 million in private placement of limited partnership interests

By Sheri Kasprzak

Atlanta, Jan. 5 - Nestor Partners Inc. said it has completed a private placement of limited partnership interests for $3,100,874.

The company raised $199,239 more than its originally announced $2,901,635 offering from Nov. 1.

The limited partnership interests were sold to existing and limited partners on Jan. 3.

Nestor is a Providence, R.I.-based software company.

The company's stock closed up $0.50 at $5.40 Tuesday.

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