New venture fund seeks to bring valuable new products to marketplace.http://www.formychildren.com

Ecumen and 70 other nonprofit senior living organizations in the U.S. have become limited partners in the Ziegler Link•Age Longevity Fund, which will focus on investing in leading companies that provide products, services and technology to the aging marketplace.

The $26.6 million fund is one of the first venture funds nationally to focus on new realities of an aging world and companies that provide innovative products, services and technologies to meet the growing needs of seniors and their families.

The Ziegler Link•Age Fund is a 50/50 joint venture formed by Chicago-based Ziegler, a leading healthcare investment bank, and Cincinnati-based Link•Age Ventures, Inc., a venture firm focused on investing in leading companies that provide products, services and technology to the aging marketplace.

The fund will target equity and equity-like investments in companies that provide healthcare services, healthcare technology and other related products and services relevant to the Longevity Economy.

“This fund allows Ecumen to join other nonprofit organizations and help support the launch of new products and services that will benefit aging in America and Ecumen customers,” said Dennis Johnson, CFO of Ecumen.  “We look forward to the advancements that come from the support of the Ziegler Link•Age Fund.”

Ecumen has been an early adopter of technological advances for senior living and earlier this year announced winners of the AgePower Tech Search, a collaboration with innovation collaborative MOJO Minnesota.  Currently, as part of AgePower, Ecumen is engaged in pilot programs with CV2, a treadling product designed to improve blood circulation, and ForMyChildren®, the first website designed to help people create, save and share a living ongoing history of their life with their family in complete privacy.