Invest Detroit continues to actively support companies in the Detroit region with its First Step Fund – an early stage micro investment fund that was formed through an investment from the New Economy Initiative of Southeast Michigan.
Beringea and the Credit Suisse Customized Fund Investment Group (“CFIG”) have launched Michigan Growth Capital Partners II, L.P. (“MGCP II”), a $180 million fund dedicated to providing growth equity to Michigan companies.
Beringea, the private equity group, which provides equity and/or mezzanine debt to small- and-middle market companies, has exited five companies.
Invest Detroit continues to actively support companies in the Detroit region with its First Step Fund – an early stage micro investment fund that was formed through an investment from the New Economy Initiative of Southeast Michigan.