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Rockbridge Growth Equity Closes Second Private Equity Fund, at $345M

Rockbridge Growth Equity Closes Second Private Equity Fund, at $345M Detroit, MI-based Rockbridge Growth Equity Management, L.P., closed RB Equity Fund II, L.P, and RB Equity Fund II-A, L.P., collectively “Fund II”, at $345m. Fund II, which follows Rockbridge’s Fund I, a secondary vehicle that was raised in 2019, received support from include fund-of-funds, corporate and public pensions, financial institutions, consultants, multi-family offices, CEOs, founders and industry executives. Fund II focuses on digital media & e-commerce, tech-enabled products & services, financial services and consumer services. Fund II has already made four platform investments:  ProSites, a provider of subscription-based digital marketing solutions to community professionals such as dentists, CPAs, and other medical providers across North America; 

Amber Engine and Junction AI Partner to Bring Click-to-Deploy Amazon Insights to E-Commerce Brands

Detroit Art Academy Gets $30 Million for DEI Efforts

Detroit Art Academy Gets $30 Million for DEI Efforts
philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.

Gilbert gives Detroit $500 million in help, some Cleveland leaders hope for the same

Gilbert gives Detroit $500 million in help, some Cleveland leaders hope for the same Will help 20,000 Detroit homeowners pay back property taxes Gilbert gives Detroit $500 million in help, some Cleveland leaders hope for the same and last updated 2021-03-31 23:19:33-04 CLEVELAND — Some Northeast Ohio leaders hope Rocket Companies Founder and Cavaliers owner Dan Gilbert will give Cleveland a charitable infusion, similar to the unprecedented $500 million he gave to the City of Detroit on March 25. Rock Ventures announced the Gilbert Family Foundation will give Detroit $350 million and the Rocket Community Fund will contribute $150 million over a 10-year period. The philanthropic effort will include helping some 20,000 Detroit homeowners pay-off their back property taxes.

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