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FUNDRAISING NEWS | July 30, 2024
The University of Michigan Investment Office approved $58 million in commitments to alternative investment strategies including venture capital and real estate.
$35 million was allocated to early-stage venture capital fund, MaC Venture Capital. MaC focuses on pre-seed, seed, and early Series A investments in technology companies and founders benefiting from cultural trends.
A $20 million allocation was made to Hackman Capital Partners Studio Fund. Hackman Capital invests in global studio assets, focusing on all aspects of the value creation process.
Lastly, €2.5M (roughly $2.7 million) was allocated to BLG Capital. The fund invests in opportunistic real estate throughout Turkey within the hospitality, residential, student accommodations, and mixed-use properties sectors.
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Written By: Jane Bailey, Marketing Associate
Jane Bailey is a Marketing Associate at Dakota.
September 11, 2024
July 17, 2024
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