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Angel Fund ends 2015 flying high

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Tom Henderson - It was a busy final quarter in 2015 for the Ann Arbor-based Michigan Angel Fund, which was launched in 2011 by Ann Arbor Spark and the Michigan Economic Development Corp. The for-profit organization has two funds. The fund kicked off in 2011, Michigan Angel Fund I, eventually raised $2.1 million from 72 accredited investors. In 2014, the Michigan Angel Fund II raised $2.05 million from 62 accredited investors, including $500,000 from the MEDC. According to Skip Simms, a senior vice president at

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