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"Bob Pittman&amp;#8217;s right-hand man goes out on his own.\n\n  \nNew York City is about to get (yet) another seed-stage venture fund, Fortune has learned.\nIt\u2019s called Trigger Media Group and is run by Andy Russell, a co-founding partner of Bob Pittman\u2019s Pilot Group. His colleagues so far seem to be a handful of McKinsey alumni, including Vanessa Liu and Jonathan Keidan.\nA source familiar with Trigger says that it has raised $23 million for its debut vehicle, which will focus on the digital media space. Russell said that figure was \u201Cbasically\u201D accurate during a brief phone conversation last night, but added that he did not want to discuss Trigger further until it has made its first investment.\nRussell also seems to maintain some sort of formal affiliation with Pilot Group, where he had worked for over eight years. His portfolio companies included Thrillist, Idealbite, DailyCandy and Zynga.\nSign up for my daily email newsletter on deals and deal-makers:\u00A0GetTermSheet.com"^^<http://www.w3.org/2001/XMLSchema#string>
<http://fortune.com/2011/09/20/exclusive-new-yorks-next-seed-fund/>