Optical Capital Group Appoints J. Carter Beese, Jr., to Advisory Board.Business Editors COLUMBIA, Md.--(BUSINESS WIRE)--June 19, 2002 Venture capital firm Optical Capital Group (OCG OCG Oesterreichische Computer Gesellschaft (Vienna, Austria) OCG Operational Coordination Group OCG Overall Coordination Group OCG Operations Control Group OCG OC Group (internet business management corporation) ) announced today that J. Carter Beese, Jr., President of Riggs Capital Partners and former SEC Commissioner, has joined its Advisory Board. As an Advisory Board member, Mr. Beese will provide guidance and strategic advice to the specialized investment firm, which is focused on investing in data, cable and telephony communications infrastructure companies. "We're very pleased by Carter Beese's decision to join OCG's Advisory Board," said OCG General Partner John Spirtos. "His financial acumen and extensive network will be significant assets to OCG as we continue to develop technology companies for the purpose of delivering the communications networks of the future." Mr. Beese joins the following individuals on OCG's Advisory Board: Frank Bonsal, founding partner of New Enterprise Associates; Milton Chang, Ph.D., founder of iNCUBIC and New Focus; Peter Hankin, founder of Ryan Hankin Kent and the Infrastructure Fund; Hemant Kanakia, Ph.D., founder of Torrent Networking, Gemplex, and Photuris; and George P. Stamas, Partner with Kirkland & Ellis and a Venture Partner of New Enterprise Associates. "With its unique resource base, OCG has an in-depth understanding of the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. that sets it apart," said Mr. Beese. "I look forward to the opportunity to share my 20 plus years of experience in the capital markets and government sector with the OCG portfolio companies." Mr. Beese is President of Riggs Capital Partners, the venture capital affiliate of Riggs National Corporation, based in Washington, DC. Prior to joining Riggs, he was Chairman of Alex. Brown International, until it merged with Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998. It was originally set up when banks could not perform trust company services. . Following the merger he served as Vice Chairman of Bankers Trust Alex. Brown's Global Banking Group. In the early 1990s, Mr. Beese was a Commissioner of the U.S. Securities and Exchange Commission, where he worked on such issues as cross-border capital flows, the derivatives market The derivatives markets are the financial markets for derivatives. The market can be divided into two, that for exchange traded derivatives and that for over-the-counter derivatives. , and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. . He is a senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor. to the Washington, DC-based Center for Strategic and International Studies The Center for Strategic and International Studies (CSIS) is a Washington, D.C.-based foreign policy think tank. The center was founded in 1964 by Admiral Arleigh Burke and historian David Manker Abshire, originally as part of Georgetown University. , and serves on the boards of Aether aether: see ether, in physics and astronomy. Aether god of whole atmosphere. [Gk. Myth.: Jobes, 42] See : Air Systems, Chinadotcom, Riggs National Corporation, and several private companies. He also serves on the Advisory Boards and/or the Valuation Committees of Boulder Ventures, Edison Venture Funds, Grotech Capital Group, Mid-Atlantic Venture Funds, Novak-Biddle Venture Partners and Questmark Partners. About OCG Optical Capital Group (www.opticalcapitalgroup.com) is a venture capital firm focused on investing in data, cable and telephony communications infrastructure companies. Formed in March 2000, OCG has made investments in companies with the potential to establish leadership positions in major segments of the global market for communications equipment. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion