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Blue Water Capital Announces New Partner, G. William Miller & Co., in Blue Water Venture Fund III.


Business Editors

MCLEAN, Va.--(BUSINESS WIRE)--Jan. 9, 2002

Merchant Banking Firm Joins Forces With Venture Capital Investor to

Prepare for Next Stage in Technology Revolution

Blue Water Capital, L.L.C., a leading venture capital investor, today announced the addition of G. William Miller William Miller or Bill Miller may refer to (items are alphabetized according to the word in boldface): Australia
  • William Miller (Australian athlete) (1847-1939)
  • Bill Miller (film producer)
  • William Miller (minister) (1815-1874)
 & Co., Inc., as a new partner in Blue Water Venture Fund III. Blue Water Capital, based in McLean, Va., is led by Henry Barratt, Kim Cooke and Wil Priester, and provides expansion-stage financing to information technology companies located primarily in the mid-Atlantic region. G. William Miller & Co. is a private merchant banking firm headquartered in Washington, D.C.

"We are extremely pleased to welcome G. William Miller & Co. to Fund III," said Henry Barratt, a Blue Water founding partner. "This partnership will bring substantial benefit to our investors and our portfolio companies. We see significant synergies in combining Miller's extensive experience, knowledge and business relationships with those we have worked so hard to develop."

"In becoming an active partner in the new Blue Water Fund, our company will be furthering its goal of helping to build innovative private enterprises," Mr. Miller noted. "The timing is also favorable. With the recent rationalization and consolidation, the stage is now set for the next phase of the technology revolution. New applications and new companies will play a key role. There will be attractive opportunities for Blue Water."

Blue Water Venture Fund III was created to help technology companies expand their operations and strategically position themselves for future growth. Formed in 1996, Blue Water Capital has raised and invested two prior funds in 14 companies focused on developing and providing enablement or facilitative technologies to established businesses. Blue Water Venture Fund III will leverage their prior experience and strengths to take advantage of the tremendous opportunities currently available in the private equity markets.

G. William Miller & Co., Inc. was founded in 1983 by Mr. Miller who previously served as U.S. Secretary of the Treasury, Chairman of the Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System

The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply.
, and Chairman and President of Textron. During his tenure of over 20 years, Textron sales grew almost tenfold to $3 billion at the time of his departure in 1978. At Treasury Mr. Miller structured the U.S. Government's loan guarantee program in 1980 to save the Chrysler Corporation, generating a profit of about three hundred million dollars for the U.S. Treasury U.S. Treasury

Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S.
. Since 1983, Mr. Miller has led the successful formation and restructuring of several domestic and international companies, including the bankruptcy reorganization of Allied and Federated Connected and treated as one. See federated database and federated directories.  Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores.  and their affiliates.

The G. William Miller team includes Managing Directors Michael H. Cardozo, Steven L. Skancke and David R. Staats. Mr. Cardozo was Deputy Counsel to the President during the administration of President Jimmy Carter, after serving as a lawyer in private practice. Thereafter, he was a senior officer of a Washington, D.C. based telecommunications company See telecom company.  until joining G. William Miller & Co. Inc., in 1983. Dr. Skancke joined the firm in 1984 after having served seven years at the U.S. Treasury Department and seven years in the White House. He has authored two books on competitiveness and productivity and has acted as an advisor to Blue Water Capital since 1996. David R. Staats joined G. William Miller & Co., Inc. in 1995 after having served in the U.S. Defense Department and the U.S. State A U.S. state is any one of the fifty subnational entities of the United States, although four states use the official title "commonwealth". The separate state governments and the federal government share sovereignty, in that an American is a citizen both of the federal entity and  Department from 1980 - 1995.

G. William Miller & Co. also has three senior advisors: J. Joseph Kruse who had a successful business career at Textron and is currently chairman of a U.S. manufactured home building company; Dr. Saad S. El-Fishawy, a distinguished senior legal and policy advisor to World Bank Presidents Robert McNamara For the figure skater, see .
Robert Strange McNamara (born June 9, 1916) is an American business executive and a former United States Secretary of Defense. McNamara served as U.S. Secretary of Defense from 1961 to 1968, during the Vietnam War.
 and A.W. Clauson; Professor Howard H. S. Chao, a well-known and respected China scholar and journalist who taught at Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was  for 26 years and who has assisted North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 and Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details.  developing business and investments in China.
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Date:Jan 9, 2002
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