1 / 8

Managing VC investments 13 th February 2003 David Ward MTI Partners (www.mtifirms.com)

Managing VC investments 13 th February 2003 David Ward MTI Partners (www.mtifirms.com). MTI’s History. Founded in 1983 with first fund (MTI) of £9m Second fund MTI Ventures raised 1990 - £15M, and third fund MTI3 raised £30m in 1997

vanida
Download Presentation

Managing VC investments 13 th February 2003 David Ward MTI Partners (www.mtifirms.com)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Managing VC investments13th February 2003David WardMTI Partners(www.mtifirms.com)

  2. MTI’s History • Founded in 1983 with first fund (MTI) of £9m • Second fund MTI Ventures raised 1990 - £15M, and third fund MTI3 raised £30m in 1997 • All now fully invested with MTI (2.7X) and MTIV realised in whole or majority part • MTI3 - 65% cash returned, balance of portfolio still strong • The current fund - MTI4 had a final closing in Jan 01 • £ 105m, currently ~ 40% invested or committed

  3. MTI’s Principal Features - I • Substantial operational CEO experience of MTI executive team • Extensive participation in management of investee companies by MTI executive team • Focus on UK early stage technology - investing series A or B with £1m - £5m; expecting to double commitment during life of investment • Invests in companies that have unique and protectable IPR in the general technology sector including: • IT software & hardware • Comms software & hardware • Materials Science • Industrial products • Biotech (e.g. medical devices)

  4. MTI’s Principal Features - II • Long standing and stable executive team - currently 7 investment professionals + 2 support professionals • “Best of Breed” performance in high technology early stage venture capital • UK centric, based in Watford and London • Limited Partners are long term investors, mostly Institutional Pension funds (MTI funds are 10 year duration)

  5. Example Investment Focus - I • Software • Security – Armoursoft & Phocis • NMS – Chevin & Viewgate • Data mining – IntelliQ • Image handling – iBase • Document management - Formscape • Communications • Hardware – Citel • Services – Message Pad • Fabless chip - DCT

  6. Example Investment Focus - II • Materials Science • Carbon fibre – ACG • Display technology – STL • Specialist inks - Sherwood • Life Science • Drug discovery – Hunter Fleming • Healthcare software – ex investee

  7. Thank you!David WardMTI PartnersWeb: www.mtifirms.comEmail: dward@mtifirms.com

More Related