Michigan invests $14.5 million into Detroit’s Peninsula Capital Partners
Detroit-based Peninsula Capital Partners is the big winner from the latest round of investment from Michigan’s 21st Century Investment Fund.Excerpt:Michigan’s 21st Century Investment Fund just sent out $35.5 million in investment to some large mezzanine funds with the largest chunk coming to a Detroit firm.Downtown-based Peninsula Capital Partners took in $14.5 million from the fund. The firm focuses on non-conventional transactions, such as growth capital and strategic acquisitions.Read the rest of the story here.
Detroit-based Peninsula Capital Partners is the big winner from the latest round of investment from Michigan’s 21st Century Investment Fund.
Excerpt:
Michigan’s 21st Century Investment Fund just sent out $35.5 million in investment to some large mezzanine funds with the largest chunk coming to a Detroit firm.
Downtown-based Peninsula Capital Partners took in $14.5 million from the fund. The firm focuses on non-conventional transactions, such as growth capital and strategic acquisitions.
Read the rest of the story here.
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