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Ameriprise’s Seligman venture platform doubles investment capacity to $1 billion

Seligman Ventures increased its available investment capital from $500 million to $1 billion, expanding the venture platform within Ameriprise ($AMP)’s Columbia Threadneedle asset-management business. The additional capacity is intended to support more and larger investments and provide follow-on funding across multiple development stages. The platform focuses on AI infrastructure, data-center technology and cybersecurity. Since its launch earlier this year, Seligman Ventures has invested in mor

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