TITLE

State's VC sector grows slightly, bucks national trend

AUTHOR(S)
Henderson, Tom
PUB. DATE
May 2010
SOURCE
Crain's Detroit Business;5/17/2010, Vol. 26 Issue 20, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on a slight increase in the number of venture capital firms in Detroit, Michigan and the funds they manage. This fact has come to light in the annual report of the Ann Arbor-based Michigan Venture Capital Association. The number of professional money managers employed by these firms have also grown from 43 to 44 and the amount of money under management also grew up to 1.1 billion dollars. It reports that in 2007, these firms had 258 billion dollars under management.
ACCESSION #
51133968

 

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