C&T Access Ventures, 1st Independent Venture Fund of a Search Firm, Closes At $44 Million; Fund to Invest In Deals From Leading Executive Search Firm, Christian & Timbers.Business Editors CLEVELAND--(BUSINESS WIRE)--Feb. 5, 2001 Christian & Timbers, a premier international retained executive search firm, and OffRoad Capital, the online private securities marketplace, announced today the closing of C&T Access Ventures, a $44 million private equity fund. It marks the first time a retained executive search firm has closed a venture fund capitalized primarily by senior technology executives nationwide, as well as the executive search firm. Through C&T Access Ventures, Christian & Timbers seeks to leverage its relationships as a specialist in executive-level search within the technology industry and offer access to emerging growth companies where it has placed management teams. "The real difference between good companies and great ones is people," says Jeffrey Christian, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Christian & Timbers. "The companies that have the best talent and leadership win in the marketplace. And, we're going to be leveraging our inside knowledge of the companies with winning management teams, great business models, and that are creating new markets." C&T Access Ventures will focus on funding high-growth technology companies in industries such as broadband, networking infrastructure, security, software, and wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. . "The fund will build on Christian & Timbers' growth, which has been fueled by its concentration on placing executives within these industries," says William S. Trainor, fund manager of C&T Access Ventures Fund, "We will generally fund companies in which Christian & Timbers has placed a CEO." "Another innovative aspect of this fund raise is the fact that we used OffRoad's online platform to reach a unique market of investors," says Trainor. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. David Weir
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] is emerging as a major growth area for OffRoad in 2001, because our platform, which delivers greater speed and access to a broader group of investors, is ideally suited for venture capital fund raising. The success of the fund is also a credit to Christian & Timbers. The fact that the partners of the firm had real success in the challenging investment climate we all face speaks volumes about the caliber of talent that is associated with Christian & Timbers and this innovative fund." OffRoad Capital raised $14 million of the C&T Access Ventures financing from both institutional and individual investors. Additionally, C&T Access Ventures selected a Board of Advisors for their experience in private equity investing, business, or technology. The Board of Advisors includes Bill Cadogan, Chief Executive Officer ADC Telecommunications ADC Telecommunications (NASDAQ: ADCT) is a communications company located in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. History In 1935, Ralph Allison founded ADC Telecommunications in the basement of his south Minneapolis home, inventing ADC's very ; Eric Harslem, Chief Technology Officer & Vice President Dell Labs-Dell Computer Corporation; Joel Hyatt Joel Z. Hyatt (b. 1950) is a prominent businessman and former attorney and American politician of the Democratic party. He is the founder of Hyatt Legal Services, and was featured in the law firm's television commercials speaking the slogan, "I'm Joel Hyatt and you have my , Professor Stanford Business School & Executive Managing Director idealab!; Tim Price, Former President & Chief Executive Officer MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom Communications Group; Tom Proulx, Chief Executive Officer Netpulse Communications; and Ron Rosenzweig, Co-Founder & Chairman Anadigics. Sponsored by Christian & Timbers, the C&T Access Ventures Fund will make co-investments in private companies with existing top-tier venture backing where the principals of the fund have business or professional relationships, and will invest between $500,000 and $2 million at a time. About Christian & Timbers Christian & Timbers consultants are well qualified to discuss hiring trends and issues regarding CEOs, board of directors, and other senior-level executive assignments within several specialty practices: E-commerce/Internet, Computer Software and Hardware, Telecommunications, Corporate Information Technology, New Media, Semiconductor/Electronics, Venture Capital, Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and & Services, Life Sciences, Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , Energy and Industrial. Christian & Timbers, the premier firm for CEO assignments, is currently ranked among the top 10 retained executive search firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and is the fastest growing company in its industry. With aggressive plans for domestic and international expansion, the company's offices are located in Atlanta, GA; Boston, MA; Cleveland, OH; Columbia, MD; Cupertino, CA; Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Switzerland; Irvine, CA; London, England; New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY; San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA; Stamford, CT; Toronto, Ontario; and Tysons Corner, VA. For additional information on Christian & Timbers, visit www.ctnet.com. About OffRoad Capital Founded in 1997, OffRoad Capital pioneered an online private securities marketplace, using the Internet to bring together issuers, intermediaries and investors in private securities. OffRoad's marketplace system features: Information transparency; a unique, Web-enabled method for obtaining and sharing investment information; live, interactive management presentations; and a proprietary pricing, and order allocation mechanism. The company's headquarters are at 50 Fremont Street Fremont Street is the second most famous street in Las Vegas, Nevada after the Las Vegas Strip. Located in the heart of the downtown casino corridor, it is (or was) the address for many famous casinos such as Binion's Horseshoe, Eldorado Club, Fremont Hotel and Casino, Golden Gate in San Francisco, with additional offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation). Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States. . OffRoad's Institutional Client Group's toll-free number is 877-808-7623 and the general information number is 415-796-5000. All activities relating to the purchase or sale of securities, including the qualification of and offerings to accredited investors, are conducted by OffRoad Securities, Inc. (member SIPC/NASD), a wholly owned broker-dealer subsidiary of OffRoad Capital Corporation. C&T Access Ventures Fund LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control -- FACT SHEET -- $44 million venture capital fund sponsored by Christian & Timbers, a leading national executive search firm for CEOs and technology companies -- Leverages the relationships of Christian & Timbers, the Fund's Advisory Board, and the Fund's investors to gain access to high quality deal flow Fund Managers -- Jeffrey Christian, Chairman -- Founder, Chairman and CEO of Christian & Timbers -- William Trainor, Managing Director & Fund Manager -- Marc Morgenstern, Managing Director & Secretary -- Managing Partner of Kahn, Kleinman, Yanowitz & Arnson Investment Strategy of C&T Access Ventures -- Co-invests in conjunction with top-tier venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: -- Focus on world-class management teams and boards -- Focus on innovative business models or technologies with competitive advantages -- Focus on high-growth technology industries such as broadband, networking infrastructure, security, software, and wireless communications -- Focus on companies with strategic partners and relationships that enhance barriers to entry -- $500,000 to $2 million investment range Relationship Building with Christian & Timbers and C&T Access Ventures -- Investments in companies elevate Christian & Timbers' relationships to that of strategic staffing partner while enhancing the commitment and aligning incentives in the search process -- As the best talent provides a company with an edge, having a strategic staffing partner reinforces to the market that the company is aware of the importance of having the strongest management team possible to execute its plans -- The combined capabilities of Christian & Timbers and C&T Access Ventures allow us to provide a powerful set of dynamics including an unparalleled commitment to building successful companies with extraordinary management teams -- Dedication to select, top-tier venture funds to work on their best projects while providing Christian & Timbers' best search capacity -- Puts more "skin in the game" for Christian & Timbers in dealing with the venture capital and entrepreneurial communities |
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