TOP VENTURE CAPITAL/PRIVATE EQUITY FIRMS

[ LIST ]

Listed alphabetically

Fund, Location Investment Focus Top executive Representative investments Fund Size

Apjohn Ventures*Kalamazoo Biotechnology, health care, life sciences, medical devices, pharmaceuticals Mina Patel Sooch and Donald Parfet, co-founders

and general partnersProNAi Therapeutics; RenaMed Biologics $15 million

BioStar Ventures*Petoskey

Biomedical, health care, medical devices, medical technologies, pharmaceuticals

Louis Cannon, MD, founder and senior managing director

ASI Ablative Solutions Inc.; Embrella; Hotspur

$70 million, an estimated $8 million remaining

Blackford CapitalGrand Rapids Middle-market manufacturing, distribution and service companies Martin Stein, managing director Source International, Dynamic

Fabricators, Unisen

Target size of $20 million; estimated $7 million raised

Bridge Street Capital PartnersGrand Rapids

Business services, consumer products, distribution, diversifi ed, health care, logistics, manufacturing

Bill Kaczynski, managing director; John Meilner, managing partner

Superior Fibers LLC; V.I.O. Inc.; Callpod; Zorch

$40.7 million with $1 million remaining **

Hopen Life Sciences*Grand Rapids Health care, life sciences, medical devices, medical technologies

Mark Olesnavage, managing director; Michael Fulton, MD, managing director; Jerry Callahan, managing director

Fidelis Senior CareTwo funds, $65 million. Estimated $21 million remaining.

LV2 Equity PartnersMidland, Grand Rapids, Lansing Distribution, manufacturing, speciality service

Michael Flint, senior managing director; John C. Pollock, managing director; J.C. Stehlik, managing director

Auto-Lab; Nex Solutions; MPR N/A

Michigan Accelerator Fund Management*Grand Rapids

Clean technology, defense, energy, life sciences, manufacturing, materials, technology, transportation Dale Grogan, managing director Ablative Solutions $16 million with $13

million remaining **

Open Prairie VenturesEffi ngham, IL (Kalamazoo offi ce) Seed-, early- and growth-stage life sciences, technology, agriculture Patrick Morand Vestaron, TomoTherapy, Infoblox $135 million in three

funds

SB PartnersHolland Consumer products, fi nancial services, restaurants David Shryock, general partner Bravo Food Group LLC; CLP LLC;

Colorado Pharmacy LLC $40 million

SWMF Life Science FundKalamazoo Early-stage life sciences companies Patrick Morand, manaing director (Fund managed

by Open Prairie Ventures) Vestaron $65 million

Start GardenGrand Rapids Startup funding for various industries Rick DeVos, president ReindeerCam; Everidae Sauce; Blue

Medora $15 million

TGAP VenturesKalamazoo

Advertising, computer services, electronics, health care, internet, IT infrastructure, manufacturing, materials, medical devices, medical instruments, medical technologies, nanotechnology, software, technology, telecom

Jack Ahrens II and Peter Farner, general partners HistoSonics, InStadium, MedElute, Interrad Medical $50 million in two funds

The MiBiz list of West Michigan Venture Capital and Private Equity fi rms was compiled as part of a joint project with Crain’s Detroit Business called “The New Michigan Deal.” Information was gathered from a variety of publicly available sources as well as the Michigan Venture Capital Association, Credit Suisse’s Custom Fund Investment Group and other databases. To update a fi rm’s listing in our database or to be included in future print listings, contact lists@mibiz.com.

*Identifi ed as venture capital fi rm by the Michigan Venture Capital Association**Estimates based on public information and various databases.