Nestor Partners closes $1.94 million private placement of limited partnership interests

By Sheri Kasprzak

Atlanta, June 2 - Nestor Partners LP said it has raised $1,938,060 in a private placement.

The company sold limited partnership interests to new and existing limited partners on April 1, May 2 and June 1.

The exact number of interests sold in the offering and the price of those interests could not be determined by press time Thursday.

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

The company's stock closed down $0.27 at $6.23 on Thursday.

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