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Beringea and the Credit Suisse Customized Fund Investment Group have launched Michigan Growth Capital Partners II L.P., a $180 million fund dedicated to providing growth equity to Michigan companies.
Grow Michigan LLC, a collaboration of the Michigan banking community, Michigan Economic Development Corp. and the Michigan Strategic Fund, Monday announced the completion of its $30 million initial round of capitalization and commencement of investing operations.
TechTown, Wayne State University's business and technology company incubator and research park, said Monday that it had received a grant for $1 million over two years from the Michigan Economic Development Corp.'s Michigan Strategic Fund to form the Detroit Technology Exchange.
The Michigan Film Office announced Monday that AMC's original scripted drama series Low Winter Sun has been approved for a film incentive from the state.
Detroit Archbishop Allen Vigneron spoke of the Pope's announced retirement on Monday.
Perrigo Co., the Allegan-based over-the-counter health and beauty products and generic pharmaceutical maker, Monday announced a deal to acquire Leeds, England-based Rosemont Pharmaceuticals Ltd. for $283 million in cash.
More than 20 investors have joined forces along the Lake Michigan shore to create a new Muskegon-based angel investment group.
With 2013 underway, visitors to Michigan.org, the state's official tourism Web site, can look forward to a wide range of new and improved lodging options, dining spots, and activities this year, including milestone anniversary celebrations.
Advanced Photonix Inc. Monday reported slightly lower sales and a slightly higher loss for its third fiscal quarter ended Dec. 28.
LLamasoft Inc., the global leader in supply chain design software solutions, today announced the appointment of Business Modelling Associates as the exclusive LLamasoft distributor in the Sub-Saharan Africa region.
IT and database administrators will have a deeper view into systems virtualized with VMware under a new udpate to Blue Medora's updated Oracle Enterprise Manager plugin for VMware.
Preliminary examination dates have been set for a man charged with terrorism in the I-96 shooting spree.
Mid-sized employers gearing up for mandated health coverage under the federal Affordable Care Act had a chance Monday to listen to the experts from Massachusetts, which has had a state version of so-called Obamacare for years now.
The show takes trained dancers and puts them through the ropes requiring them to compete in all styles including hip-hop to ballroom.