The Mountain West Venture Group will hold its second private investor exchange May 24 at 9 a.m. in the Alta Club, according to Roy S. Jespersen, a partner in Wasatch Advisors, and Rick Mandahl, director of marketing and sales for Parvus Corp.

Last September the group held its first exchange and will hold one every six months with the intention of allowing officials of high technology, high-growth companies to make presentations to private investors with the hope of raising venture capital.Mandahl said a list of companies will be pared to 10 to make presentations for the invitation-only event. Mountain West members will help the companies prepare their 10-minute presentations. He said this process already has resulted in financial help for some companies.