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WMU-linked fund closes on first $21 million of fund, makes first acquisition


WMU-linked fund closes on first $21 million of fund, makes first acquisition
Targeted to be a $50 million buyout fund
Sees opportunity as enticing for executives who want to own a business
Doug Lepisto
An investment fund managed by two Western Michigan University professors, and affiliated with the university s Haworth College of Business, has held a first close of $21 million for what is targeted to be a $50 million buyout fund, and it has also closed on its first acquisition, a manufacturing firm in the Chicago area.
Doug Lepisto, the managing partner of Kalamazoo-based Sleeping Giant Capital LLC, which manages the fund, said that under terms of the sale, details won t be disclosed until the CEO updates employees and customers. He said that he would like eventually to move the company to western Michigan and that a replacement CEO has been selected. ....

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Western to confer more than 2,400 degrees during virtual spring commencement ceremonies


April 26, 2021
Ready for success
Several outstanding graduates have thrived at WMU by finding support in pursuing their career aspriations and purpose.
KALAMAZOO, Mich. Western Michigan University will grant more than 2,400 degrees to students during virtual commencement ceremonies
Saturday, May 1. On that date, visit the commencement website for a link to watch programs throughout the day for the University s seven colleges and WMUx. There will be 1,840 degrees awarded at the bachelor s level, nearly 560 at the master s level, two specialist degrees and 32 at the doctoral level.
All programs will be shown in Eastern Standard Time:
2 p.m. College of Education and Human Development, College of Engineering and Applied Sciences, College of Fine Arts, College of Health and Human Services ....

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WMU students take third place in national advertising competition


April 26, 2021
KALAMAZOO, Mich. A team of advertising and promotion students from Western Michigan University s Haworth College of Business placed third in its division of the American Advertising Federation s National Student Advertising Competition. Led by
Dr. Karen M. Lancendorfer, professor of marketing and director of the advertising and promotion program, and assisted by
Greg Gerfen, instructor of marketing, the team competed in District 6, which is considered a mega-district due to the high number of collegiate teams competing for the chance to move forward to the finals. This is the fifth time in six years that a team from WMU has placed in the top three. ....

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Change in budget and demand led to WMU major and minor removal


Western Michigan University’s Board of Trustees voted to remove a major and minor for the upcoming academic year during their Thursday, March 18 meeting. Satish Deshpande, dean of the Haworth College of Business, said the removal was in response to the marketplace.
“When you come into a program, you want a state of the art program where there’s a demand in the marketplace,” Deshpande said. “It’s like selling products. You could be selling the best VCRs out there, but the market doesn’t want VCRs anymore. They’ve moved on to other things.”
The Health Informatics and Information Management (HiiM) major and the Automotive Systems minor were the programs removed for next year. Desphande said changes like these in programs are a healthy sign of an institution.  ....

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