Morgan Stanley, Kresge Foundation, LISC Launch $100 Million Investment Fund For Health Care, Affordable Housing
The New York investment firm Morgan Stanley, the Troy-based Krersge Foundation and the New York nonprofit Local Initiatives Support Corp. Monday launched a $100 million investment fund that is designed to expand access to health care and affordable housing for low-income residents and fund critical social services that help link the two in impoverished neighborhoods.
Automation Alley Monday announced a $100 million investment fund available to second-stage companies. What Automation Alley would describe only as a “highly successful, experienced investor” provided the capital for the Stage 2 Innovations Fund.
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