|What is a Secondary Direct Venture Investment||
|Who are the Sellers||
|Why is there a Growing Market||
Cezhan has 11 years of experience providing investment advisory services to a broad range of individuals and institutions. Cezhan began his career at Merrill Lynch where he was a broker for 7 years. He was also a broker with Smith Barney before transitioning into a more research-driven role, working on the institutional advisory team for legendary stock picker William O’Neil. While at O’Neil, Cezhan provided asset allocation and individual equity recommendations to some of the leading mutual fund and hedge funds. Before joining Manhattan Venture Partners, Cezhan was Director of Investment Banking at Third Seven Capital, where he focused on raising capital for early growth-stage private technology companies, including Solexel and Ecorithm. Cezhan received a BA in Politics from New York University, and an MBA from California State University, Los Angeles. Cezhan holds FINRA Series 7 and Series 66 licenses.
Eric has more than 27 years of experience as an investment banker and entrepreneur and has provided financial and strategic advice and structuring transactions for a broad range of companies and investors. Prior to launching Manhattan Venture Partners, Eric was a Partner at Citizen VC, Inc., a financial technology and investment firm, where he led the firm’s investment banking efforts. Prior to Citizen VC, Eric cofounded Gentry New York, which he merged with GSV Financial Group. At GSV FG, Eric was head of investment banking and CEO of Gentry Securities, their broker-dealer subsidiary. Prior to GSV FG, Eric cofounded and led investment banking efforts at Ledgemont Capital Group and Indigo Ventures, firms which raised capital for and invested in early and growth stage companies. Prior to those firms, Eric was an Associate and then General Partner at McFarland Dewey & Co., a boutique investment banking firm. Eric began his career at McKinney Advertising. Eric received a BA in Economics from the University of Pennsylvania and an MBA, with Honors, from the Stern School of Business, New York University. He holds FINRA Series 7, Series 63, Series 24, Series 79, Series 87 and Series 99 licenses.
Cornelis has been an early and successful participant in the capital formation aspects of the hedge fund industry. Since 1991, when he first established a third party marketing capability, he has developed an extensive global distribution network to facilitate precise capital introductions and tailored business development mandates. Prior to joining Manhattan Venture Partners, Cornelis enjoyed success as the founder and managing partner of Further Capital Group, LLC, an alternative investment placement firm focused on capital raising and investor coverage on behalf of a select number of established managers. At the same time, Cornelis became increasingly involved in transacting in secondary shares of private venture backed technology companies and decided to make that his main focus. Since 2012 he has developed a global network of tech bankers, incubators/seed investors and VC’s as well as investors and has initiated and completed multiple private share transactions. Prior to founding Further Capital, Cornelis was a partner at Fairfield Greenwich Group when it acquired his existing business in 2000. Cornelis was instrumental in the diversification and distribution of its offerings. He helped build and support an $8 billion fund of hedge fund business.
Cornelis holds a BA in Political Science from Clark University and holds FINRA Series 7, 63 and 79 licenses
Jared Carmel’s main focus is providing liquidity and diversification for investors, employees and entrepreneurs while giving investors the access they want to high profile private companies through secondary direct stock sales.
Jared has been a pioneer in the development of the secondary direct venture market, and has led numerous transactions in the space. His involvement in pre-IPO technology investments have helped produce over $2 billion in invested capital across some 30 plus businesses with >20 liquidity events. Outside of Jared’s activity in the secondary markets, he also makes opportunistic growth equity and traditional venture capital investments.
Since 2004, Jared has worked on a variety of assignments, including early and late stage venture capital, private investment in public equity (PIPE), M&A projects and secondary direct stock offerings. This has led to extensive experience in investment banking, business operations, acquisition integration and board work. Some of his more notable investments include Facebook, Twitter, Alibaba, Palantir, Lyft, Leeo, Spotify, StreamTV, Chegg, Glori Energy, MoneyLion, Flipkart and Bloom Energy.
Prior to launching Manhattan Venture Partners, Jared was a co-Founder of Citizen VC, Inc., a financial technology and investment firm. He oversaw the firm’s secondary direct venture capital activities, including managed funds and brokered transactions. Before founding Citizen VC, Jared was Managing Director, Director of Secondary Markets at Gentry Venture Partners (GSV Ventures). During his tenure, Jared built the firm’s secondary markets practice and led investments into some of the best-known, fastest growing and most difficult to access startups in Silicon Valley. Prior to Gentry, Jared worked at a pioneering firm in the secondary direct venture market sector, originating and funding investments in such companies as Facebook, LinkedIn, Twitter, Groupon and Chegg, among others. In 2006, Jared spearheaded the effort to build the Manhattan office of AEFC a late-stage venture capital investment bank. Ultimately, the New York office raised more than $100 million per year alongside tier-1 VCs, predominantly for TMT and clean technology companies. In 2004 Jared started in banking at Laidlaw & Company, where he focused on alternative investments, as well as primary and secondary offerings for public companies seeking growth capital.
Mr. Carmel graduated with a BA from the University at Buffalo School of Informatics. He holds FINRA Series 7 and Series 63 licenses.
Kevin has more than 17 years experience in the financial services industry. Prior to joining Manhattan Venture Partners, Kevin was a Senior Vice President at Wedbush Securities Inc. and Head of the Private Company Strategies Group. Kevin oversaw all of the group’s secondary market activities, including brokered transactions, managed funds, and principal investments. Prior to creating the Private Company Strategies group, Kevin was a Vice President in Institutional Equity Sales and Trading at Wedbush Securities Inc. He spent over 10 years as a position trader providing technical and fundamental analysis to the firm’s institutional clients and focusing on technology, social media, gaming and ecommerce. During this period, Kevin also consistently traded the firm’s capital for a profit while providing best execution services to his clients. Prior to joining Wedbush Securities Inc., Kevin was an analyst for Merrill Lynch’s Capital Management Group. The group provided portfolio management services to central banks and sovereign wealth funds with minimum investments of $25 million. Kevin earned his BBA from Washington University in St. Louis. Kevin holds FINRA Series 7, Series 63, Series 65, and Series 55 licenses.
At Manhattan Venture Partners, Bradley has various responsibilities that include client and business development both on both the buy/sell side as well as working alongside the banking team. Prior to Manhattan Venture Partners, Bradley was a Partner at Citizen VC, Inc., a financial technology and investment firm, where he participated in late-stage secondary venture investments. Before joining Citizen VC, Bradley was Vice President at Gentry Financial Holding Group (n/k/a GSV Financial Group). His roles included raising capital for primary and secondary later stage venture opportunities and advisory assignments the firm undertook. Prior and during his tenure with Gentry, Bradley also served as CEO and Founder of an early stage enterprise/mobile technology startup. Bradley entered the venture space at a boutique venture capital investment bank Advanced Equities Inc. Prior to AEI he began his finance career with Morgan Stanley Smith Barney as a Financial Advisor. Bradley graduated from the Robert H. Smith School of Business at the University of Maryland College Park with a BS in Business Marketing and holds FINRA Series 7, Series 66, and Series 31 licenses.
For more than 20 years, Evan has been an investor, operator and asset manager of alternative ventures. He has invested in and developed real estate throughout the United States. Prior to launching Manhattan Venture Partners, Evan was a Founding Partner of Citizen VC, Inc., a financial technology and investment firm, where he participated in both early stage primary and late-stage secondary venture investments. Prior to Citizen VC, Evan co-Founded Gentry New York, which he merged with GSV Financial Group. At GSV FG, Evan focused on investing in and raising capital for venture-backed mid-stage energy and technology companies alongside top-tier VCs. Prior to GSV FG, Evan founded and was CEO of BronfmanHaymes Real Estate Partners, which acquired and developed residential and commercial real estate in the New York Tri-State area. Evan received an MBA from the Columbia Graduate School of Business with a concentration in Finance, an MA in Legal & Political Theory from University College London and a BA in European History from the University of Pennsylvania. He is a member of Entrepreneurs’ Organization. He served as Chairman of the Young Leadership Committee for Seeds of Peace and the Chairman of the Board of the Ricardo O’Gorman Garden & Library School in Harlem, NY. Evan holds FINRA Series 7 and Series 63 licenses.
David joined MVP full time in June 2016 after working part time at the firm as an intern during his senior year at Fordham University. His focus is domestic and international business development, working collaboratively with MVP’s capital markets team. David also supports MVP’s overall marketing and branding efforts including web-based and social media activities. David graduated from Fordham University with a BA in Finance and a secondary concentration in Alternative Investments. He holds FINRA Series 7 and 63 licenses.
As an Associate, Nissa assists the MVP team in many facets of business operations including sales, customer support, compliance and back-office operations. Prior to Manhattan Venture Partners, Nissa worked as an Associate at Citizen VC, a financial technology and investment firm and at Gentry Financial Holdings Group (n/k/a GSV Financial Group). Nissa began her finance career as a sales assistant for Lincoln Financial Advisors. Nissa graduated from the University of Wisconsin-Madison with a BA in Political Science and holds FINRA Series 7 and Series 63 licenses.
Michael has focused the majority of his career working on private fund raising for high tech, life sciences and alternative energy companies ranging from first rounds of financing to late stage, pre-IPO companies. Throughout his career Michael has gained valuable insight into the private asset class, specifically the structuring of alternative investment vehicles while also developing essential relationships in the industry. Prior to joining Manhattan Venture Partners, Michael was a Vice President in the Merchant Capital division within Maxim Group where he primarily concentrated on origination, business development and marketing of early to mid-stage biotech companies. Prior to joining Maxim Group Merchant Capital, Michael was an associate in the New York office of AEFC, where they raised late stage rounds of financing for companies mainly in the TMT and clean tech space alongside tier-1 venture capital firms. Michael graduated with a BA in Marketing from Kean University and holds a FINRA Series 7 and 66.
Santosh has 18 years of experience in Technology/Telecom equity research. Prior to joining Manhattan Venture Partners, Santosh was a Senior Equity Analyst, Managing Director at GreenCrest Capital LLC where he pioneered efforts to publish public-company style, in-depth research reports and valuation analysis on private companies in the technology/social media/telecom sectors. Prior to GreenCrest, Santosh was an equity research analyst covering telecommunications, media and technology stocks at Evercore Partners, Prudential Securities and Broadpoint Capital. While at Broadpoint, Santosh was ranked by Starmine/Financial Times in its annual survey of leading equity analysts in North America. Before moving to equity research, he worked as a Senior Financial Analyst in the Financial Analysis & Reporting Group at PaineWebber and later at Prudential Securities. Santosh has a double undergraduate degree, a BCom in Advanced Accounting & Auditing from Osmania University, India, and a BA in Economics from Rutgers University. He also received an MBA in Finance from Rutgers Business School. Santosh’s work is cited frequently in financial journals and he appears frequently on business networks including CNBC, BNN and Reuters.
John began his career in financial services as a registered representative / retail salesman in the Lehman division of Shearson Lehman American Express in January, 1986 (55 Water Street, NYC). He went on to co-found TIR Securities Ltd. in Hong Kong in 1988; an international brokerage firm that specialized in trading global equities and providing independent investment research to large institutional investors (TIR was acquired by E*Trade in 1999). John served as director of institutional sales in Hong Kong and ultimately as managing director of TIR Hong Kong. As director of sales, John covered institutional accounts in Hong Kong, Singapore, Malaysia, Australia and Abu Dhabi . He has been a branch manager with Hoenig & Co. Inc. in Tokyo, as well as SVP / Head of Sales for Hoenig in New York. John has been involved with a number of start-up businesses since re-locating to Seattle, WA in 2004. He holds FINRA Series 7 and Series 63 licenses. John is a graduate of Middlebury College (class of 1983) where he majored in history.
Rashaun serves as General Partner of the MVP All-Star Fund. He brings to MVP extensive investing and corporate finance expertise. He was a Founding Partner at QueensBridge Venture Fund, which he helped launch in 2013 and managed with other partners including rapper and hip-hop icon Nasir “Nas” Jones. Queensbridge invested in startups such as Dropbox, Lyft, Seatgeek, Meerkat and General Assembly. Rashaun also manages Value Investment Group, a private investment and consulting firm focused on influencer-backed private equity and value investing, particularly in consumer products, tech, media, entertainment, financial services and infrastructure.
Over the course of his career, Rashaun has held institutional sales and trading roles at Goldman Sachs, Deutsche Bank and Wells Fargo, as well as serving in a senior capacity in several boutique M&A and corporate finance boutiques. He also founded Dixsville Partners, a private equity fund investing in infrastructure development and mineral companies in West Africa. In addition to his professional activities, Rashaun founded of Kemet Institute, a nonprofit organization that provides workshops in financial literacy and entrepreneurship to children, teens and adults in low income communities. Rashaun is a member of Kappa Alpha Psi, Inc. and summa cum laude graduate of Morehouse College. In 2015, he was appointed to the Board of Trustees at Fisk University. Rashaun holds FINRA Series 7, Series 3, Series 63, and Series 24 Licenses.
Max is an economist and strategist with 10 years of experience in alternative assets and 10 years of experience teaching Economics and Statistics at the graduate university level. Prior to launching Manhattan Venture Partners, Max was Chief Economist at Citizen VC, Inc., a financial technology and investment firm. Prior to joining Citizen VC, Max spent 4 years building the research and strategy practices at GreenCrest Capital. While at GreenCrest, Max authored or coauthored research reports on numerous private technology companies, including the first published equity research report on Facebook. Max has taught Economics, Development and International Affairs at the Milano Graduate Program in International Affairs, New School University for 9 years. Max is widely sought after for his commentary and insight on technology companies, and has made hundreds of appearances and published articles in leading media outlets including Bloomberg TV, CNBC, Fox News, The Financial Times, CBS Evening News, ABC News, BBC, and The Wall Street Journal. Max received a BA and MA in Economics, both summa cum laude, and completed his coursework for a PhD and is AbD, from The University of Massachusetts, Amherst. Max is a Board Advisor to several technology start-ups and has served as a macroeconomic advisor to Reverend Jesse L. Jackson Senior and numerous Credit Unions and Credit Unions Leagues.
In his role as Chairman of Global Brokerage at CBRE, the world’s largest real estate services company, Mr. Siegel advises major corporations and property owners on a broad range of real estate issues. Mr. Siegel is widely regarded in commercial real estate circles as one of the industry’s most talented and prolific professionals. He was featured in the Urban Land Institute’s book, Leadership Legacies: Lessons Learned from Ten Real Estate Legends. Mr. Siegel was honored with Commercial Property News’ Lifetime Achievement Award and named by Crain’s as one of the 100 Most Influential Business Leaders in New York City. Prior to the merger with CBRE, as Chairman and CEO of Insignia/ESG, Mr. Siegel was largely responsible for masterminding the global expansion of the firm, nationwide as well as throughout Europe, Japan, Hong Kong, China, Thailand and Latin America. In that role, he also managed a group that completed approximately $2 billion in co-investments in a wide range of U.S. office, residential, hotel and retail real estate portfolios. Throughout his distinguished career, Mr. Siegel has arranged transactions for some of the nation’s most prominent corporate clients, among them, J.P. Morgan Chase & Co.; Sidley Austin Brown & Wood LLP; Fried Frank Harris Shriver & Jacobson LLP; Amerada Hess Corp.; Sanford C. Bernstein & Co.; Swiss Reinsurance; MetLife; Cerberus Capital Management; and Akin, Gump, Strauss, Hauer & Feld LLP.
Lisa Manuele is a broadly focused CEO/Operating Executive who has demonstrated comprehensive leadership in global marketing and business development in financial services and technology. Lisa recently served as Partner and the Chief Operating Officer of Sire Management Corporation, a Long/Short Equity Fund of Hedge Funds. She currently serves as an Advisory Board member of Divine Capital Markets. Her previous positions included: President and CEO of Inalytics, North America; CEO of BNY ESI International, London; Global Division Head & Managing Director of BNY ESI’s Transition Management Group; both BNY companies. She is the Founder of GENA Inc. a global trading and clearing platform and co-Founder of GTMS a financial software development company. In 2000, Ms. Manuele joined The Bank of New York – BNY ESI as CEO of BNY International and Global Division Head of Transition Management, upon the acquisition of her global trading and technology firms, GENA, Inc. and GTMS, LLC. She has enjoyed two successful corporate exits of businesses she has founded. Prior to the formation of GENA Inc., she held the position of Executive Vice President of Execution Services Inc. (ESI), a subsidiary of Morgan Stanley & Co. Inc. Her responsibilities centered on international business development, trading, clearing and operations. Ms. Manuele is a former Board Member and Director of Global Execution Technologies Ltd, Bermuda, G-Trade Ltd; Bermuda; BNY Securities Limited, London; BNY Capital Markets Limited, London, and Global Execution Network Associates, Inc., New York. She also served as a Founding Director of Capital for Good, a 501c3 dedicated to humanitarian causes and currently serves as a Director of the 501c3, VCG — Volunteer Corporate Governance.
Catherine Levene is the co-Founder and CEO of Artspace (www.artspace.com), the premier online marketplace for contemporary art. As a digital media innovator and entrepreneur with over fifteen years experience building successful online media companies, she is responsible for the joint vision of Artspace as well as the overall day-to-day management of the company. Prior to Artspace, Catherine was the Chief Operating Officer and General Manager of DailyCandy, the popular daily e-mail and website targeted to women that focuses on the latest trends in fashion, food and culture which was sold to Comcast in 2009. Since 1995 Catherine has been involved in Internet companies from big to small. She was part of the executive team at start-up — shopping search engine, TheFind.com, where she served as Senior Vice President of Product and General Manager of content and distribution. In addition, Catherine spent over seven years on the executive team at New York Times Digital (NYTD), building the online properties of the New York Times Company, including nytimes.com. There, she held the position of Vice President, Product, Business Development and Strategy and as well as positions in marketing in her early days at the company. Catherine currently advises early stage Internet companies in media and commerce, sits on the boards of TheFind.com and is an advisor to LearnVest.com and Rent the Runway. Catherine received a BA in history from the University of Pennsylvania and, concurrently, a BS in economics from the Wharton School of Business in 1992. She earned her MBA from Harvard Business School in 1996.
Bill Kurtz, Bloom Energy Chief Financial Officer and Chief Commercial Officer Bill has accumulated 35 years of total experience and has served primarily as a COO/CCO & CFO for fast growth public and private companies headquartered in the Silicon Valley for the past 16 years and spent the first 19 years of his career on the east coast, primarily with AT&T and PriceWaterhouse. Bill joined Bloom Energy in March 2008, as its Chief Commercial & Financial Officer, responsible for managing Bloom’s commercial contracts and relationships with customers and key suppliers, business development activities, international operations and the day to day operational leadership of finance, investor relations, accounting, legal and facilities departments. In addition, Bill operates as the President of Bloom’s Power Purchase Agreement subsidiary, known as Clean Technologies Inc. Bill started his career in 1979 as a CPA with Brout & Company in NYC and then joined PriceWaterhouse (now PriceWaterhouseCoopers, LLC) in 1981. Bill joined AT&T in 1983 and spent the next 15 years on a development path to become the CFO of AT&T. He held several high profile positions including AT&T Cost Czar, where he was responsible for AT&T’s world-wide cost reduction program, VP and Financial Officer of AT&T’s $25B Business Markets Division, Managing Director of an AT&T business unit in Japan, and was a member of the team that led the negotiations for the $15B acquisition of McCaw Cellular. Bill left AT&T in 1998 and moved to the Silicon Valley, and has since operated primarily as either CFO, Chief Commercial Officer & CFO or Chief Operating Officer & CFO of several fast growth start-ups, including Scient Corporation, 3PARdata and now more recently Bloom Energy Corporation. Prior to joining Bloom, Kurtz operated as CFO at Novellus Systems, Inc., a $2B global semiconductor equipment company, where he led the company’s focus on improving its profitability and cash flow. Bill’s Board experience includes serving as a director and chair of the audit committee at Redback Networks from 1999 to 2007, and at PMC-Sierra Inc. since 2003. Bill has also served on the boards of several private companies (OnStor and Aurasound). Bill currently also serves on the Executive Advisory Committee at Rider University’s Business School. Bill holds a bachelor’s degree in Commerce, with an Accounting major, from Rider University and a Master’s degree in Management Sciences from Stanford University.
Zack Exley is a long-time innovator across the fields of technology, politics, fundraising, organizing and social media. He currently leads the “organizing practice” at the global IT consultancy, ThoughtWorks. The organizing practice works with economically and politically disadvantaged groups around the world on a pro-bono basis to invent new technologies that increase their power of self-determination. Previously, Zack was the Chief Community Officer and Chief Revenue Officer at the Wikimedia Foundation, where he built a global, data-driven fundraising program that fuels Wikipedia with $50 million per year from five million donors who give in virtually every currency and major payment method in the world. Zack was one of a small group of pioneers who brought politics and advocacy campaigning online. He was MoveOn.org’s first Organizing Director, a key advisor to the Howard Dean campaign, and Director of Online Communications and Organizing on John Kerry’s 2004 presidential campaign. He ran the online campaign for Tony Blair’s 2005 re-election campaign and has advised political parties in several counties. He participated in the Obama campaign as a technology consultant with ThoughtWorks, optimizing base-layer technology systems and building tools to empower local volunteers to run their own campaign headquarters out of their living rooms. He is the founder of the New Organizing Institute (NOI), a technology and strategy training center for political and social justice campaigners. The NOI trained much of the talent that led Obama’s digital efforts in 2008 and 2009. Zack has served as a senior advisor and consultant to international NGOs including Greenpeace, Amnesty International, NRDC, The One Campaign, Global Zero, International Rescue Committee and others.