KEY TAKEAWAYS

NEXT Global Capital is relocating its headquarters to Salt Lake City.

Former U.S. congressman Chris Stewart joins as chief strategy officer.

Founder L.R. Fox aims to expand strategic investments and community engagement.

SALT LAKE CITY — Venture capital firm NEXT Global Capital last week announced it is relocating its global headquarters to Salt Lake City and bringing on former U.S. congressman Chris Stewart as its chief strategy officer.

"NEXT Global's move to Utah and the appointment of Chris Stewart as (chief strategy officer) reflects NEXT Global's investment in strategic expansion and our long-term organizational goals," L.R. Fox, founder of NEXT Global, said in a statement. "At NEXT Global, we are committed to identifying and investing in breakthroughs that will ch

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