DETROIT - The Ann Arbor Angels, who were formed three years ago to provide early seed capital for Washtenaw County technology and life sciences start ups, now will take a look at deals coming from Detroit’s TechTown, and Troy-based Automation Alley. Michael Cole, Ann Arbor Angels Executive Director, talks about the groups broader investment horizons in this News Maker Interview.
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ANN ARBOR - Dick Beedon, of MacBeedon Partners in Ann Arbor, thinks Michigan-based pension funds should put their money where their mouths are. Beedon, who is developing a $50- to $100 million venture fund to invest in Michigan technology start ups, thinks the $40 plus billion state of Michigan pension fund, and the multi-billion dollar pension funds run by state universities and colleges, should invest in Michigan, and not other states as has been past practice.
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