SAN FRANCISCO, April 21, 2015 /PRNewswire/ -- Presidio Partners, formerly CMEA Capital, today unveiled a new corporate identity, announced the promotion of Peter Gajdos to the role of Managing Director and the appointment of Lee Pantuso as Chief Financial Officer, and announced the closing of Presidio Partners 2014. This new fund — which is focused on information technology, life sciences and energy technology investments — resulted from a restructuring of CMEA legacy funds IV, V and VI, with additional follow-on capital. In addition, the CMEA VII fund has been renamed Presidio Partners 2007.
In Presidio Partners 2007, a $400 million fund, the team currently manages 19 companies, two public and 17 private. In Presidio Partners 2014, a $142 million fund, there are currently 17 companies, three public and 14 private.
Concurrent with the Presidio Partners 2014 fund announcement, the firm unveiled a new corporate identity. For more information, please visit Presidio Partners' new website, which can be found at www.presidiopartners.com.
"We've made some important additions to our team and changes to our business approach," said Jim Watson, Presidio Partners' CEO and Managing Director. "Our Presidio Partners team takes the deep sector expertise and learnings of 25 years of venture capital and blends them with operational experience in both startups and large companies, as well as with best practices in building and monetizing great companies. We took what we believed worked, left behind what we believed didn't, and added some differentiated new capabilities — in particular around portfolio management — that we believe will better enable us to help portfolio companies successfully tackle the business challenges of the coming decade."
Newly promoted Managing Director Peter Gajdos actively manages Presidio Partners' public company portfolio. He serves as a knowledge resource in agriculture, solar, water, 3D printing, material technologies and energy storage, supporting entrepreneurs at every stage of the corporate life cycle. Gajdos was involved in Presidio Partners' efforts backing Auspex and Ardelyx, and has served as a board member at Arcadia Biosciences, Cnano Technology, Reel Solar (acquired by a Chinese strategic investor), Neos Therapeutics (observer), Exela Pharma Sciences (observer), and Wildcat Discovery Technologies (observer). Gajdos began his career at JP Morgan in New York, where he advised on M&A and IPO transactions in North and Latin America. He then joined Virgin Green Fund in London, a fund backed by Sir Richard Branson's Virgin Group.
Another key member of the expanded Presidio Partners team is Chief Financial Officer Lee Pantuso. She is responsible for the accounting, financial reporting, tax preparation, and internal and external compliance issues for all Presidio Partners-related entities. Pantuso began her career in public accounting with Arthur Andersen and has held a number of corporate domestic and international accounting and finance positions, including CFO of NeoCarta Ventures, CFO of Big Data analysis start-up Cataphora, and CFO of online sports pick platform company PicksPal.
About Presidio Partners
Presidio Partners is a San Francisco-based venture capital firm with a diversified investment strategy focused on information technology, life sciences and energy technology that allows for consistency in returns and the ability to capitalize on trends in various sectors as they play out over a fund's life. The firm strives to introduce innovative portfolio management practices to venture investing. Learn more by visiting www.presidiopartners.com.
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SOURCE Presidio Partners
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http://www.presidiopartners.com
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