VENTURE CAPITAL FIRMS.Ranked by capital under management in L.A. & Orange County offices THE PACESETTER REDPOINT 1) 0.5 oz Raspberry Sour Puss 2) 6 oz Red Bull (3/4 can) 3) 1.5 oz Crown Royal. For best results, serve on ice. VENTURES REDPOINT Ventures continues to be the most active venture capital firm in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and Orange counties, investing $81.4 million last year, down only slightly from the $87.4 million invested in 1999. The Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. company estimates that its total investment will increase this year to more than $100 million. Redpoint Ventures specializes in everything Internet-related, including infrastructure, software and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. . 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. Redpoint's managing director, Brad Jones This article is about the racing driver. For the football goalkeeper, see Bradley Jones. Bradley Jones also known as Brad (born 2 April 1960) is an Australian racing driver formerly competing in the V8 Supercars. , much of its capital comes from the endowment funds Endowment funds Investment funds established for the support of institutions such as colleges, private schools, museums, hospitals, and foundations. The investment income may be used for the operation of the institution and for capital expenditures. of such universities as Harvard Harvard, town (1990 pop. 12,329), Worcester co., E central Mass.; inc. 1732. A Shaker house and cemetery, a Native American museum, and a Harvard observatory are there. , Yale, Stanford and the UC system. Its three biggest investments in 2000 went to Agoura Hills-based Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Machine, a communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. ($13 million); Live Planet, Los Angeles, which integrates Web entertainment and a traditional media ($10 million); and Multilink, a communications company based in Santa Monica ($8 million). EXECUTIVE SUMMARY VENTURE capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 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] continue to find Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, an attractive place to invest money, whether in Internet technologies, digital media, software or health care companies. This year's venture capital firms list has been expanded from 15 to 20 companies. While venture capital investments totaled a modest $480 million in Los Angeles and Orange counties last year, the region's top 20 firms estimate that amount will top $650 million this year. As of Jan. 31, the top firms had a total of 812 projects that they had invested in since their inception INCEPTION. The commencement; the beginning. In making a will, for example, the writing is its inception. 3 Co. 31 b; Plowd. 343. Vide Consummation; Progression. . All told, the 20 venture capital firms on the list have $8.6 billion under management in Los Angeles and Orange counties.
Rank Firm (Ranking in 2000) Capital
* name (millions)
* address * total capital [1]
* total invested [2]
1 Redpoint Ventures (1) $1,954
11150 Santa Monica Blvd., Suite 1200 $299
Los Angeles 90025
2 Mellon Ventures Inc. (6) 1,300
400 S. Hope St., Fifth Floor 330
Los Angeles 90071
3 Trident Capital (5) 1,000+
11150 Santa Monica Blvd., Suite 320 200
Los Angeles 90025
4 William E. Simon & Sons LLC (2) 1,000+
10990 Wilshire Blvd., Suite 500 150
Los Angeles 90024
5 Allegis Capital/Media Technology 700
Ventures [8] 10
100 Wilshire Blvd., Suite 1770
Santa Monica 90401
6 idealab Capital Partners 469
130 West Union St. 133
Pasadena 91103
7 Levine Leichtman Capital Partners Inc. 452
(7) 105.7
335 N. Maple Drive, Suite 240
Beverly Hills 90210
8 Kline Hawkes & Co. (9) 450
11726 San Vicente Blvd., Suite 300 20
Los Angeles 90049
9 Constellation Ventures 450
1999 Avenue of the Stars, 32nd Floor NA
Los Angeles 9067
10 East-West Venture Group (10) [6] 275
10900 Wilshire Blvd., Suite 950 50
Los Angeles 90024
11 Versant Venture Capital [7] 272
450 Newport Center Drive, Suite 380 15
Newport Beach 92660
12 DynaFund Ventures (12) 250
21515 Hawthorne Blvd., Suite 1200 50
Torrance 90503
13 Ventana Global LTD (13) 230
18881 Von Karman Ave., Suite 1150 1.9
Irvine 92612
14 Pacific Venture Group (15) 210
16830 Ventura Blvd., Suite 244 30
Encino 91436
15 Riordan Lewis & Haden 200
300 S. Grand Ave., 29th Floor 12
Los Angeles 90071
16 Innocal Venture Capital 175
600 Anton Blvd., Suite 1270 12
Costa Mesa 92626
17 Forrest Binkley & Brown (11) 170
840 Newport Center Drive, Suite 480 27.9
Newport Beach 92660
18 Zone Ventures 135
241 S. Figueroa St., Suite 340 42
Los Angeles 90012
19 Entertainment Media Ventures 120
828 Moraga Drive WND
Los Angeles 90077
20 California Technology Ventures LLC 50
1111 S. Arroyo Parkway, Suite 220 48
Pasadena 91105
Rank Local Investment Project Profile
(millions) * minimum size [4]
invested in L.A. and * preferred size [4]
Orange counties * number invested in [5]
* 2000/2001 [3]
1 81.4/100-200 5
10
43
2 42/50 2
5-15
102
3 15/40 3
5-10
65
4 WND/WND 5
5-20
125+
5 10/15 3
7
40+
6 54.5/75-100 5
5-10
44
7 91/100 10
50-100
19
8 49/30 5
6
25
9 WND/30-50 5-15
5-15
NA
10 75/20 2.5
3.5-5
40
11 0.31/10-40 2
6-8
14
12 20/15 1
2-5
50
13 1.85/5 .3
0.8
81
14 1.5/5 1
4
35
15 12/40 5
10-15
30
16 5.5/approx.15 1
3.5
25
17 12/10-15 1
4-8
39
18 WND/WND .5
2.5
25
19 WND/WND WND
5
WND
20 9/7 .2
1
10
Rank Preferred Industries Preferred Source of
(partial list) Financing Funds
Stage(s)
1 infrastructure software, media seed, first financial
and content, communications, stage institutions
infrastructure, Services
2 Communications, Internet all stages Mellon
Infrastruture, e-business Financial Corp.
software and services
3 Internet technology products expansion institutions
and services sold to
enterprises, outsourcing
consumer, entertainment, real
estate,
4 IT service, education, middle to private, institutional,
manufacturing, real estate, late stage high net-worth
distressed securities growth individuals
5 enabling software, devices, start-up and multinational
infrastructure and services selected corporations
for the digital economy seed level and institutions
6 enterprise software, early institutional
communications, business Web investors,
services foundations
7 not industry specific late stage institutional
capital
8 communication, Internet expansion, private and
infrastructure, electronics later SBA
components, fiber optics
9 enabling technologies, network 2nd and 3rd limited partners,
infrastructure, communication stage including
technologies, digital media Bear Stearns
10 digital media infrastructure, early to middle private
distribution, enabling stage investors
technologies
11 health care seed to institutional
early
12 communications, Internet, early stage corporations
software, photonics, and individuals
electronics
13 wireless, broadband, seed and institutional
networking infrastructure, early stage investors
biotechnology, e-medicine,
genomics and proteomics
14 healthcare, including seed and limited partners
biotechnology, medical early stage (various)
devices, health information
systems
15 business services outsourcing, 20-80 mil. institutions,
high value manufacturing, revenue, high net-worth
health care profitable individuals
16 information technology, first/second institutional
communications, wireless, round investors
Internet, optics
17 technology, communications, early to middle private
electronics/semiconductors, stage individuals
software
18 Internet, communications, early stage institutions,
computers, new media, private
wireless, semi-conductors, investors
optics
19 core infrastructure seed and WND
technologies, broadband early stage
enabling technologies
20 information technology seed institutions,
(hardware, software, through private investors
Internet), health care second
(device, equipment,
biotech)
Rank Top Local Executive
Headquarters * name
* title
* phone
1 Menlo Park G. Bradford Jones
managing director
(310) 477-7678
2 Pittsburgh Jeffrey Anderson
managing director
(213) 553-9635
3 Palo Alto R. Schnabel/T. Springer
managing directors
(310) 444-3840
4 Los Angeles/ William E. Simon Jr.
Morristown, NJ co-chairman
(310) 914-2410
5 San Francisco Jonathan E. Funk
managing director
(310) 319-3880
6 Pasadena Bill Elkus
sr. managing partner
(626) 535-2880
7 Beverly Hills Lauren B. Leichtman
ceo
(310) 275-5335
8 Los Angeles Frank R. Kline Jr.
managing partner
(310) 442-4700
9 New York Dennis Miller
general partner
(310) 229-2156
10 Los Angeles Paul Nadel
managing director
(310) 209-6150
11 Menlo Park W. J. Link/D. Milder
managing partners
(949) 729-4500
12 Torrance Denny R.S. Ko
general partner
(310) 543-5477
13 Irvine Thomas O. Gephart
chairman
(949) 476-2204
14 Encino E. Kurtin/L. Crouch/R. Sabin
managing director
(818) 990-4141
15 Los Angeles J. Christopher Lewis
general partner
(213) 229-8500
16 Costa Mesa H.D. Lambert
managing director
(714) 850-6784
17 Newport Beach Brown/Forrest/Wolter
partners
(949) 729-3222
18 Los Angeles Frank Creer
managing director
(213) 628-2400
19 Los Angeles Sanford R. Climan
managing director
20 Pasadena Fred M. Haney
managing director
(626) 403-6632
NA -- Not Available N/A -- Not Applicable WND WND Wind WND World Net Daily WND Waarnemend WND Wilson Disease Gene (genetic medicine) WND Will Not Disclose WND Waving Not Drowning WND Why Not Design (Citrus Heights, CA) -- Would Not Disclose (1.) Committed as of January January: see month. 2001, all offices. (2.) Dollar amount invested out of L.A. and Orange County offices. (3.) Estimated amount. (4.) In millions. (5.) As of January 2001, since the inception of the company. (6.) Formerly East-West Capital Associates. (7.) Formerly Palladium palladium, chemical element palladium [Gr. Pallas, goddess of wisdom], metallic chemical element; symbol Pd; at. no. 46; at. wt. 106.42; m.p. 1,554°C;; b.p. 2,970°C;; sp. gr. 12.02 at 20°C;; valence +2, +3, or +4. Venture Capital, #3 last year. Note: Century Financial Partners, #14 last year, may have qualified for the list, but failed to return its survey. Enterprise Partners, #4 last year, no longer has offices in L.A. and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. Orange counties. |
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