Renaissance Venture Capital Fund Brings More Capital to Michigan Through Investment in River Cities Capital Funds
ANN ARBOR, Mich., June 4, 2014 – Renaissance Venture Capital Fund (RVCF), the venture capital fund-of-funds created by some of Michigan’s largest organizations, announced today that it has invested in River Cities Capital Funds, a growth equity firm investing in healthcare and IT companies.
“In addition to investing in the strongest Michigan-based venture capital funds, a goal of the Renaissance Venture Capital Fund is to attract leading national venture capital funds to become active in Michigan,” said Chris Rizik, CEO of the Fund. “RVCF is pleased to invest in River Cities Capital, as their skills complement our region’s growing success in creating innovative companies. River Cities Capital is a major growth equity investor and has a sterling reputation for supporting companies in healthcare and IT.”