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Palisades Ventures (“PV”) is a Los
Angeles-based VC fund making growth stage investments in systems, services,
software, and hardware companies that are driving the adoption of leading
edge IT, communications, and media technologies. We prefer to price deals
and take a lead position with board participation. In certain situations,
we will join syndicated financings with other leading venture capital
firms. Our typical investment is between $2.5 and $7 million, with reserves
for subsequent financings.
We focus on companies where we can leverage our industry, financial,
and technical knowledge of the IT, communications, and media sectors
for the benefi t
of portfolio companies. Members of the fund’s Management Team
and Advisory Board have well-established professional relationships
with global strategic players in the sectors, and we are
affiliated with large financial institutions. Through these relationships,
members of the fund provide active support for portfolio companies
by introducing them to potential customers or partners as they position
themselves in their markets. This ability to provide a link between
portfolio companies and strategic players is one of Palisades
Ventures' unique strengths.
Credit Suisse First Boston (“CSFB”) and Centre Partners
are the lead institutional investors in Palisades Ventures and both
are members of the General Partner. Centre Partners provides all of
the PV’s
infrastructure and back office services, participates in the due diligence
process, and sits on the fund’s Investment Committee. Palisades
Ventures is managed by Paul D’Addario and Bruce Pollack,
Managing Director of Centre Partners.
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