Ray Waters
Ray Waters
Overview
Ray Waters was appointed Managing Director of the Detroit Community Loan Fund in October 2001. In 2004 he assumed the title of President of Detroit Development Fund (formerly Shore Bank Enterprise Detroit). Prior to his involvement with DDF and the DCLF he was Managing Partner of BBC Ventures. From 1990 to 1999 Ray serviced as President of Horizon BIDCO Investment Company a mezzanine venture fund providing growth companies in southeastern Michigan. Ray Waters has over 20 years experience as CEO and owner of 3 profitable growth companies 2 of which were startup ventures.