WarHorse Capital is configured as a management resource network, operates as a virtual investment management and advisory firm, and is made up of three primary parts. First is the core members team, all seasoned business and investment professionals who have worked together at GE Capital and who have complementary operating and industry experience. Second is the professional advisors group, made up of individual investors, entrepreneurs and corporate executives who contribute their insights and connections to help with specific company and portfolio assignments. Third is the affiliate partners network, consisting of individual business-practice specialists and boutique advisory firms, that can be accessed to provide general support to WarHorse or to take on specific assignments on our behalf. Members of the core team are listed below.
|
Tom Crowley – Digital Media & InfoTech
Tom Crowley is the founder and president of WarHorse Capital Management. He is a seasoned management professional with over 30 years of entrepreneurial, corporate, new business development and investment management experience.
Tom has founded and managed and advised over a dozen start-up and entrepreneurial growth firms, and has advised a dozen more. Early in his career, he was involved with pioneering companies in cable television, satellite networking, broadband data services, regional sports programming, electronic gaming and interactive television. More recently, he has been active with information technologies, business and marketing services, digital media and Internet-based information and shopping services. He has held senior management and business development positions with such highly respected Fortune 500 companies as GE Capital, Home Box Office and Time Warner Cable, and has acted as strategic business advisor to several others.
In 2005, Tom helped launch and structure a venture and private equity investing unit for a $3 billion alternative-asset management company. He acted as lead operating manager for the unit, overseeing investment and portfolio management processes for over $250 million of assets under management, covering information technology, energy and bioscience. He had direct responsibility for all digital media and infotech investing. In 1999, Tom co-founded and managed a privately funded, venture capital firm which specialized in digital media and technology-enhanced marketing/business services.
Previously, during his 12 years as an investment professional at GE Capital, he directly invested more than $250 million of venture and private equity in over two dozen early stage businesses, managed complex business turn-arounds and work-outs worth over $750 million, and was involved in buy-out and recapitalization financings worth over $1.2 billion. Tom has sat on numerous early-stage and growth company boards and has acted as interim chairman or CEO for several broadcasting and business service companies. He is well known and highly regarded within both the private equity and venture capital communities, and is currently affiliated with Torch Hill Investment Partners and Cava Capital.
Tom is a graduate of Williams College with a BA degree in economics. He also earned an MBA and MA degree in Communications Theory from Stanford University.
David Mulder - Biotech & Workouts
Dave Mulder has over 25 year of senior executive experience, as an operating and business development specialist and as an investment trouble shooter for major, domestic and international financial institutions. He is the founder of Mulder Associates, a financial, transaction and management advisory firm for public and private companies, with an emphasis on healthcare,biotech and business services.
Dave is the former Senior Vice President, Corporate and Business Development of Mylan Labs where was responsible for enterprise acquisitions/ dispositions and products (including in-licensing) for this $4.3 billion revenue pharmaceutical company (subsequent to Matrix and Merck KGA acquisitions). He led the commercial operations due diligence, forecasting and synergy analysis for global acquisitions and potential divestures including the $6.7 billion acquisition of Merck KGA's generic business spanning 40 countries from Merck KGA (Global), $3 million acquisition of M Chem from minority owner (China), and out licensing of Mylan's Biobrane product line to Smith & Nephew (Global).
Prior to Mylan, Dave was the Senior Vice President, Corporate and Business Development of Mayne Pharmaceuticals where he was responsible for enterprise and product acquisitions for this $3 billion revenue pharmaceutical company with operations in 30 countries. Prior to Mayne, he was an Executive at GE Equity, Managing Director at GE Capital and Senior Manager at Arthur Andersen.
Dave holds an MBA from Drexel University and a BS in Accounting from Rider University. He is a Certified Public Accountant in New York and New Jersey.
Rick Miller - Healthcare & Business Services
Rick Miller has over twenty-five years experience in growth equity industries as a successful private equity investment investor and executive manager.
Rick is the founder and Managing Member of Shippan Point Advisors LLC, a private equity advisory firm since 2001. Rick has been responsible for investments in over thirty companies in healthcare, business services and communications and has provided interim and turnaround management services to portfolio companies of several investment firms. In addition, Rick advises many growth stage companies on various product, financial, risk and business development matters.
As part of his private equity advisory work, Rick was a member of the general partnership of Tullis-Dickerson Capital Focus III, L.P. for and served for three years as the Chairman and subsequently Chief Executive Officer of SupplyPro, Inc., an automated supply chain company for the manufacturing sector.
Prior to establishing Shippan Point Advisors, Rick was an executive at Onsite Access, Inc., a telecommunications company with over $75MM of private equity from 1999 to 2001 serving as Chief Financial Officer before becoming Chief Executive Officer in 2001.
From 1995-1999 Rick was a Senior Vice President and co-head of the Healthcare Group at GE Equity, a division of GE Capital, where he led successful strategic private equity investments in healthcare companies. Before joining GE, Rick was a Partner at RFE Investment Partners, a private equity firm focused on growth stage financings and buyouts in a variety of industries (1988-1994). From 1983-1988 was employed by Arthur Young & Co (now Ernst & Young) and was selected for a position as a Senior Tax Manager in the National Tax Office in Washington D.C.
Rick is a Certified Public Accountant, holds a Masters Degree in Taxation from Pace University and Bachelor of Science degree in Accounting from Le Moyne College.
Steve Charles - Qualitative Risk Management
Steve Charles has over thirty-five years of banking and investment decision-making experience, in which…. he has structured, restructured, assessed and passed judgment on literally thousands of lease, lending and equity investment transactions, both domestically and internationally. This broad experience provides Steve with the ability to quickly analyze, evaluate and determine the best course of action for a broad array of debt or equity investment decisions.
Most recently Steve has been acting as special investment advisor to family offices, private funds and diversified hedge funds. In this capacity, he has applied this significant experience in investment problem solving to helping establish processes and disciplines for the deployment of capital into alternative asset strategies and to preserving and salvaging value in existing problem investment portfolios.
For six years prior to this, Steve acted as Chief Risk Officer and Chair of the Investment Committee for GE Equity, with primary responsibility for due diligence sufficiency, investment standards compliance and portfolio diversification. During this period, GE Equity reviewed more than four thousand transactions, building a $5 billion investment portfolio, covering a wide range of business stages and industry sectors, located across the globe. In 1996, Steve had been recruited to GE Capital’s corporate staff as a Senior Risk Manager, where his responsibilities focused on the improving of investment and credit review processes within several GE Capital divisions, including Real Estate, Commercial Finance, Asset Management, Asia and GE Equity.
In 1992 Steve was hired by Shawmut Bank to effectively build its national credit business. Shawmut, reeling from real estate related loan losses in the early 1990’s, was desperate to reload and diversify it asset holdings away from an existing concentration in New England. After implementing a program of bulk asset sales, Steve, completely changed the underwriting and approval process and built a new more diversified national credit book, including cable, cellular, health care investments, and reconstituted the Bank’s venture capital investment program. The result was a highly profitable multi billion-dollar book, which greatly assisted in the Bank’s recovery.
Steve began his financial services career as a lending officer with Continental Bank, managing international and corporate banking. In this position Steve covered many industries included oil and gas, mining, forest products and heavy equipment from posting in the US and Canada. He was directly involved in a number of restructuring transactions, both domestically and internationally. Continental and the FDIC instituted one of the first examples of a “Good Bank/Bad Bank” strategy. In 1986, Steve took responsibility for the FDIC’s $1 billion international portion of the $5 billion total workout portfolio and was a voting member of the Executive Committee approving all settlements. In 1989, Steve became a Senior Credit Officer at Mellon Bank where his responsibilities included project finance, steel, media and communications, energy and Chief Investment Officer of Mellon Leasing Co. (trains, boats and planes).
|
|
