New York City Investment Fund One Battery Park Plaza New York, NY 10004-1479 212-493-7548
Companies in New York City’s five boroughs receive consideration. The fund’s purpose is to creat jobs and promote economic growth, particularly in disadvantaged neighborhoods. Provides acquisition, expansion and start-up financing; no minimum annual revenues required.
Opportunity Capital Partners 2201 Walnut Ave. Fremont, CA 94538 510-795-7000
Communications, healthcare and manufacturing industries are the primary areas of interst. OCP has backed three companies on the 1998 BE INDUSTRIAL/SERVICE 100 list. Invests in companies at any stage; no minimum annual revenues required.
Pacesetter Growth Fund 12655 North Central Expressway Dalls, TX 75243 972-991-1597
This fund looks for opportunities across a wide spectrum of industries. Recently, it helped to back Simeus Foods International. Provides acquisition, second-stage and leveraged buyout funding; companies need $5-$10 million in annual revenues.
Syncom 8401 Colesville Rd., Suite 300 Silver Spring, MD 20910 301-608-3203
Recent deals range from Z-Spanish Radio Network to WorldSpace, a digital radio network put together by Ethiopian-born Noah Samara. This fund invests in companies at any stage, but emphasizes early-stage and start-ups. No minimum annual revenues required.
TSG Capital Group 177 Broad St. Stamford, CT 06901 203-406-1500
Specialty areas include media, communications, retailing, automotive and consumer products. Companies serving African American. Hispanic and Asian markets receive particular attention. This fund invests in buyouts (no start-ups); companies need $50-$200 million in annual revenues.
For information and advice on finding private equity capital, you may contact the following.
Fiarview Capital Partners 190 Farmington Ave. Farmington, CT 06032 860-674-8066.
This company invests in other private equity and venture capital firms; it doesn’t work directly with entrepreneurs. However, it is an excellent resource for advice.
The National Association of Investment Companies 1111 14th St. NW Washington, DC 20005 202-289-4336
The professionals at this association, made up of venture capital firms that back minority- and women-owned businesses, can steer you to several suitable private equity firms.