GRAND RAPIDS – Michigan Capital Network, the state’s largest association of regional angel investing groups and the management entity for four venture capital funds, announced today that it has promoted Meagan Malm to the position of principal with the investment organization.
Malm joined MCN in 2020. She currently helps source investment opportunities, conduct due diligence and manage the firm’s portfolio companies. She serves on the Michigan Venture Capital Association Talent Committee and as an observer on the PhotoniCare Board of Directors.
Malm holds a business degree from the University of Michigan, Stephen M. Ross School of Business, with a concentration in Strategy and Entrepreneurial Studies. Upon graduation, she was selected as the sole recipient of the Raoul Wallenberg Fellowship, a two-year program to self-direct a research project in Tanzania, where she studied the application of mobile micro-financial tools. Additionally, she is a University of Michigan Hopwood Award Winner, Ross School of Business Carson Scholar, and a Fulbright Scholar.
In her new role, Malm will hold a decision-making role and will be responsible for identifying quality investment opportunities for the fund, conducting due diligence of target companies, and helping manage portfolio companies alongside the senior partners, Paul D’Amato, Dale Grogan, and Jody Vanderwel. She also will assist in other duties related to managing the firm’s operations.
“We feel extremely fortunate to add someone of Meagan’s unique background and set of skills to our executive team,” said Paul D’Amato, CEO and Managing Director of MCN. “Over the past two years, Meagan has demonstrated a keen instinct for identifying investment opportunities, provided excellent analytical skills, and displayed an unrelenting commitment to strengthening our portfolio on behalf of our members and investors. Her addition to the executive team will bring even greater depth and diversity of abilities to our organization.”
MCN’s five regional angel investment groups total more than 200 individual investors or members. Between the angel groups and the four venture capital funds, MCN has invested in more than 100 companies, creating more than 2,000 high-paying tech industry jobs in Michigan.
Click here to learn more about Michigan Capital Network and its portfolio of investments.