State's VC sector grows slightly, bucks national trend

Henderson, Tom
May 2010
Crain's Detroit Business;5/17/2010, Vol. 26 Issue 20, p6
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.


Related Articles

  • Investment industry sees rise of the machines. Skarbeck, Ken // Indianapolis Business Journal;11/3/2014, Vol. 35 Issue 36, p21A 

    The article discusses the rise of computer-driven financial advisers to provide low-cost, automated portfolio management with venture capital firms are directing important funding to robo-advisory firms.

  • The Top 40 Advisors Under 40.  // On Wall Street;Dec2010, Vol. 20 Issue 12, p26 

    An introduction to the annual Top 40 Under 40 list compiled by the publication for 2010 is presented, which features investment advisors, under the age of 40, with the most assets under management custodied at their firm, and a chart with trailing-12 month production.

  • Industry to take stock in helping victims.  // Money Management;1/20/2011, Vol. 25 Issue 1, p4 

    The article reports that the Association of Financial Advisers (AFA) is willing to give cost-effective financial advice to communities affected by the flooding in Queensland.

  • Test your adviser. Bamford, Nick // Money Marketing;1/21/2010, p48 

    The article provides an answer to a question about financial adviser who does not meet the new standards being introduced by the Financial Services Authority (FSA).

  • Industry fine, study says. Cardona, Mercedes M. // Pensions & Investments;4/15/1996, Vol. 24 Issue 8, p35 

    Presents the results of study by the Putnam Lovell & Thornton Incorporated on the state of the money management industry in the United States. Reduction in the trend to consolidate in the industry; Statistics to show that money managers increased their share of assets under management in 1994;...

  • Consultant groups vote to create 1 association. Kennedy, Mike // Pensions & Investments;2/18/2002, Vol. 30 Issue 4, p4 

    Reports the linkage between the Investment Management Consulting Association and the Institute for Certified Investment Management Consultants in the U.S. Approval of uniting the two organization by means of slide vote; Number of members of the two organization; Benefits of the combined...

  • The art of communication. Welch, Peter // Money Marketing;1/27/2011, p47 

    The article focuses on the role of quality advisers and the significance of good communication on clients with problems related to financial management in Great Britain.

  • Food for thought. Baigrie, Tom // Money Marketing;10/28/2010, p46 

    In this article the author discusses the qualifications of many independent advisors which he thinks may or may not satisfy the government's needs and financial management requirements.

  • High hopes, low success rates. Prout, John // Money Marketing;6/13/2002, p54 

    Deals with the shift of wealth management companies' focus into the high-networth sector. Investment of such companies in a myriad of initiatives; Effort of some independent financial advisers to put forward strong business models; Issues that might be preventing success in the market.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics