Group Profile: Mid-Atlantic Angel Group Fund I, LP (MAG) Note: Bendis and Innovation Philadelphia co-founded MAG
With more than one hundred members, the Mid-Atlantic Angel Group Fund (www.magfund.com) is one of the largest organized groups of angel investors on the east coast. The group has invested in a motorcycle business that failed and in a drug company that was recently acquired by Novartis for up to $400 million.