1012 Corridor: “Torres starts venture capital firm”

The 1012 Corridor reports:

Just weeks after he merged SDT Waste and Debris with national waste provider Progressive Waste Solutions, New Orleans businessman Sidney D. Torres IV has started a private investment firm, IV Capital. Torres, once known as the “Rembrandt of Refuse” during his role on the TLC TV series Trashmen, says he formed IV Capital to provide equity and other forms of capital to small and mid-sized businesses in Louisiana and the Gulf Coast region.

“Having lived through the process of growing a capital-intensive business like SDT Waste and Debris, I experienced the hardships that business owners face when operating or growing a company,” Torres said. “I found it very difficult to obtain short- and long-term operating capital and my experience was common to many private businesses in this region.”

Read the whole thing here.