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Todd Boren
Managing Partner and Founder at The MacArthur Fund
Todd Boren is a prominent entrepreneur and venture capitalist, currently serving as the Managing Partner and Founder of The MacArthur Fund, a venture capital firm he established in May 2020. The fund focuses on early to middle-stage investments in the burgeoning legal cannabis and psychedelics industries, both in the United States and globally. Boren's vision for The MacArthur Fund includes providing innovative financing solutions and fostering partnerships that support the growth of companies in these sectors.23
Professional Background
Boren has an extensive career spanning over 25 years in venture capital and private equity. Prior to founding The MacArthur Fund, he co-founded MacArthur Capital, LLP in 2007, which also invests in the cannabis sector. His experience includes leading significant transactions, such as the sale of Form Factory, a cannabis consumables manufacturer, to Acreage Holdings for $160 million, marking one of the largest exits in the cannabis industry at that time.123
In addition to his roles at The MacArthur Fund and MacArthur Capital, Boren is the Chief Executive Officer of Alpen Group, a major player in the cannabis market known for its vertically integrated operations across multiple countries.13 His previous positions also include leadership roles at various financial firms and involvement with sports teams, showcasing a diverse professional portfolio.
Education
Boren holds a Bachelor of Business Administration (BBA) in Finance from the University of Miami, where he studied from 1977 to 1982.3
Contributions and Recognition
Under Boren's leadership, The MacArthur Fund has gained recognition for its strategic investments and commitment to enhancing access to transformative products and services. Recently, he was honored with the '2024 Deal Maker of the Year' award at the Smart Business Deal Makers Conference for his work on notable projects within the beauty and cannabis industries.45
In summary, Todd Boren's expertise in venture capital, particularly within the cannabis sector, combined with his entrepreneurial spirit, positions him as a significant figure in driving innovation and investment in emerging markets.