Catherine Mott to Chair Angel Capital Association Board of Directors
WEXFORD, Pa., Aug. 3 /PRNewswire/ -- Catherine V. Mott, CEO and founder of Blue Tree Capital Group and Blue Tree Allied Angels, based in Pittsburgh, PA , has been elected as Chairman of the Board of Directors of Angel Capital Association (ACA), based in Kansas City, MO. The Angel Capital Association is North America's professional alliance of angel groups, bringing together approximately 175 angel groups and organizations in the United States and Canada to share best practices and collaboration opportunities. More than 6,500 accredited investors belong to ACA member groups. BlueTree Allied Angels has been a member of the ACA since its inception in 2005.
Ms. Mott moves into this position from the Angel Capital Education Foundation (ACEF), where she has been a board member since 2007 and board chair since 2009. Allan May of Life Science Angels in Menlo Park, CA has assumed the chairmanship of ACEF.
"Since 2003, when BlueTree was established, the number of angel networks has nearly doubled," noted Mott. "I am honored to lead the continued efforts of ACA to assist in the growth of these networks. Angel investing is all about investing in start-up businesses, which is one of the fastest ways to create jobs and meaningful personal wealth."
The mission of the Angel Capital Association is to support the growth, financial stability, and investment success of member angel groups. ACA is the trade association of leading angel investment groups in North America. ACA's mission is accomplished by providing professional development, best practices, networking and collaboration opportunities for angel investors who belong to member angel groups.
"Catherine brings great experience and focus to ACA," said Marianne Hudson, ACA's executive director. "She will help the organization grow and bring enhanced value and professionalism to thousands of angel investors across the continent."
The organization also serves as the public policy voice of the angel community, recently working with Congress to amend the Dodd-Frank financial reform bill to eliminate regulations that would have made it more difficult for entrepreneurs to raise equity capital and also delete changes that would have decreased the number of angel investors by 60 percent. For more information, visit http://www.angelcapitalassociation.org.
BlueTree Allied Angels is a regional group of accredited investors who invest in regional early-stage companies. The members-only organization is designed to operate as a network of private equity investors who meet on a monthly basis to evaluate and consider pre-institutional, early-stage investments. It was Western Pennsylvania's first "business model" angel network. Since its inception in 2003, the company has invested approximately $15 million in 26 new and early-stage companies in Western PA. INC magazine cited BlueTree as one of the United States' leading angel networks in 2009. BlueTree Capital Group provides the management oversight and services to Allied Angels.
SOURCE Blue Tree Capital Group
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