A Kalamazoo-based venture fund has raised $15 million to invest in lifescience companies that have a significant presence in southwest Michigan, said the fund’s managing director on Wednesday.
SWMF LifeScience Venture Fund intends to raise another $35 million, said Pat Morand, adding that six years ago, the fund raised its first $50 million.
While Morand is the managing director, three other individuals hold the position of director in the fund: William Johnston, William Parfet and Goran Ando, according to a filing with the U.S. Securities & Exchange Commission.
To read the full, original article click on this link: Michigan lifescience venture fund raises $15M; seeks another $35M
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