Peninsula Capital Partners looks to add people as it starts new investment fund

Thursday, September 18, 2008 | Source: Model D

Peninsula Capital Partners definitely isn’t on its own little island as the firm continues to grow in downtown Detroit.

Excerpt:

Thirteen years ago Peninsula Capital Partners started out with four people and $50 million to invest. Today the downtown-based company employs 12 people and controls just under $1 billion in assets.

The firm is continuing that growth. It has added one person to its payroll in the last year and expects to grow more within the next few years by putting together another investment fund. That fund is expected to be worth $400 million when it launches sometime next year.

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