Oak Investment Partners
Company Name: Oak Investment Partners
• Edward Glassmeyer (Co-founder)
The private equity firm Oak Investment Partners is based in Westport, Connecticut. The firm focuses mainly on venture capital investments in companies involved with the development of information technology, healthcare services, communication systems, new Internet media and retail.
The firm places their investments in various stages. They operate by funding spinouts of existing assets and divisions, funding startup companies, as well as offering growth capital to later-stage companies. Additionally, the Oak Investment Partners also invests in certain public companies via PIPE investments. It invested more than $20 million in Huffington Post’s online media outlet last December 2008.
In addition to its headquarters in Westport, Connecticut, the firm also maintains offices in Palo Alto and Minneapolis. The Oak Investment Partners private equity firm was established in 1978. Since then, the firm has made investments in over 480 companies. Apart from this, the firm has also managed to raise roughly around $8.4 billion in investor commitments all over 12 private equity funds. In May 2006, the firm was able to raise its 12th and largest venture capital fund at $2.56 billion.
This multi-stage venture capital firm has reached more than 31 years of service. So far, it has successfully achieved a strong track record and a reputation as stage-independent investor. At present, Oak Investment Partners has funded a total of more than 480 companies during the critical points of their lifecycle.
For more than three decades, the firm has been helping innovators make use of new opportunities in business and look forward to trends through long term business relationships that remain resilient under the changing economic structure.
The firm is currently headed by a team of managing partners and investment professionals including Bandel Carano and Ed Glassmeyer. Some of the firm’s investments include the 2Wire Inc, Aavid Thermal Technologies, Actel Corporation, Boston-Power, Cardiac Pathways Corporation, and more.
• Bandel Carano – Managing Partner
• Fredric Harman – Managing Partner