10.31.11 PRESS RELEASE: InvestMichigan! Mezzanine Fund invests in Wixom, Mich.-based DANTOM Systems more
- Submit an Executive Summary
- Subscribe to InvestMichigan! Growth Capital Fund News
About the InvestMichigan! Mezzanine Fund
The InvestMichigan! Mezzanine Fund is managed by Credit Suisse’s Customized Fund Investment Group (CFIG) and Beringea.
The Customized Fund Investment Group is one of the world’s leading managers of private equity investment programs, with approximately $29 billion of client commitments under management. CFIG’s team is comprised of over 120 professionals, and the group’s senior investment professionals have extensive backgrounds in managing private equity portfolios at leading public and corporate pension plans. Credit Suisse’s extensive transaction experience, which includes coverage of many top-tier private equity sponsor groups, facilitates CFIG’s access to and analysis of many leading fund investment and co-investment opportunities. CFIG seeks to facilitate access to top quartile private equity managers and will bring its institutional expertise and due diligence capabilities to bear in constructing well-developed private equity portfolios for its clients. CFIG manages or co-manages over $625 million of capital dedicated to investing in Michigan including the Invest Michigan Growth Capital Fund, Invest Michigan Mezzanine Fund, Venture Michigan Fund and Michigan 21st Century Investment Fund.
Beringea offers advice, guidance and capital to support growing businesses. The firm is headed by Senior Managing Director Charles Rothstein, who founded Beringea in 1988. Headquartered in Farmington Hills, the firm is Michigan’s largest and most active venture and expansion-stage capital investor and has more than 70 portfolio companies in the U.S. and UK. The professionals at Beringea have extensive experience investing in a range of sectors, including health care and life sciences, clean technology, advanced manufacturing, media, Internet technologies and specialized consumer products.
With capital, experience and offices in the U.S. and UK, Beringea’s award-winning team offers its portfolio companies the resources to develop strategy, evaluate growth opportunities and build value.