VC Leader: Michigan Investment Outlook SunnyThe woman in charge of $30 billion in custom venture capital funds apparently has a special place for the $600 million of it that's under management in Michigan. Kelly Williams, who leads Credit Suisse's Customized Fund Investment Group, said that Michigan -- long a venture capital wasteland -- now has significant advantages over both coasts that make it a compelling market for VC investing.
Beringea, Credit Suisse Launch $180M Michigan Equity FundBeringea and the Credit Suisse Customized Fund Investment Group have launched Michigan Growth Capital Partners II L.P., a $180 million fund dedicated to providing growth equity to Michigan companies.
InvestMichigan Mezzanine Fund Makes First Investments in Michigan CompaniesCredit Suisse’s Customized Fund Investment Group and Beringea, co-managers of the InvestMichigan Mezzanine Fund, Thursday announced the Fund’s first investment -- Lexington-based Huron Inc. Terms of the deal were not disclosed.
New $130M In Biz Funding From Dow, State, SBAA public-private partnership involving state and federal governments and Dow Chemical Co. is pumping up to $130 million in new business financing over five years into the state of Michigan.
InvestMichigan Shows Off VC Successes, Job Creation