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442:. Deleage had come from Sofinnova Partners, a venture capital firm in France that he had co-founded in 1971. In 1976, Deleage had founded Sofinnova’s US affiliate, based in San Francisco. At its zenith the company managed over $ 700 million in assets and today is the direct predecessor of four venture capital firms with aggregate capital in excess of $ 5.7 billion:
583:. The three founders, left BEDCO in 1995 and began raising their first independent venture capital fund. Today, Polaris Venture Partners is a venture capital firm specializing in seed and early stage investments particularly in companies engaged in the information technology and life sciences sectors. Polaris is based in
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Alta
Berkeley was formed from BEDCO’s European operations. In 1982, Bryan Wood, who had been working in corporate finance in Britain, partnered with BEDCO to establish a presence in Europe. Today, Alta Berkeley makes early stage investments in technology companies based in Europe and Israel. Alta
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Since 1995, Polaris has raised five venture capital funds with over $ 2.6 billion of investor commitments. To date, all of the
Polaris funds have been above average performers for their respective vintage years. Polaris Venture Partners V, which was closed in 2006, raised $ 1 billion of investor
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Since 1996, Alta has raised eight venture capital funds including four funds in its Alta
California Funds series, three funds in its Alta Biopharma Partners series and most recently in 2006, Alta raised Alta Partners VIII with $ 500 million of investor commitments
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From its founding in 1979 through its dissolution in 1996, BEDCO raised more than a dozen venture capital funds with total investor commitments of approximately $ 700 million.
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was the first of four successors to BEDCO. One of the contributing factors in the dissolution was the departure of three of BEDCO’s junior partners,
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firm which focused on investments in information technology, communications, and healthcare/biotechnology companies.
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BEDCO was one of the first venture capital firm to set up a bi-coastal operation with a presence in both
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assuming management responsibility for certain existing investments. Other successor firms include
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Berkeley's sixth and most recent fund raised approximately $ 145 million of investor commitments.
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649:(just outside Boston), invests primarily in later-stage opportunities in the traditional
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companies and has made over 130 investments since its separation from BEDCO.
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Burr and Egan had worked together at the pioneering private equity firm
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1983 - $ 18m - Alta
Berkeley LP Liquidating Trust (Early Stage)
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Venture-Capital Firms
Prepare for Next Generation of Partners
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1982 - $ 10m - Alta
Berkeley Venture Partners (Bal. Stage)
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The firm was founded in 1979 and dissolved in 1996, with
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1984 - $ 15.7m - Alta
Berkeley Eurofund (Early Stage)
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1988 - $ 68m - Alta Subordinated Debt II (Mezzanine)
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1986 - $ 32.3m - Alta Berkeley L.P. II (Early Stage)
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Financial services companies disestablished in 1996
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1988 - $ 35m - Alta Communications IV (Late Stage)
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46:. Unsourced material may be challenged and removed.
710:Done Deals: Venture Capitalists Tell Their Stories
533:1986 - $ 45m - Alta Subordinated Debt (Mezzanine)
1004:Financial services companies established in 1979
641:was founded by BEDCO co-founders Craig Burr and
554:1993 - $ 27m - Alta Berkeley III (Early Stage)
859:History of private equity and venture capital
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478:Among BEDCO’s most notable investments were
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106:Learn how and when to remove this message
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542:1988 - $ 124m - Alta IV (Late Stage)
44:adding citations to reliable sources
704:A Generation Gap in Venture Capital
521:1982 - $ 60m - Alta II (Late Stage)
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729:. The Boston Globe, February 2001
581:Steve Arnold (Venture Capitalist)
606:was founded by BEDCO co-founder
426:The firm was founded in 1979 by
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864:Early history of private equity
470:Alta Berkeley Capital based in
343:and the venture capital bubble)
55:"Burr, Egan, Deleage & Co."
31:needs additional citations for
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687:Egan, William P. oral history
587:with an additional office in
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119:Burr, Egan, Deleage & Co.
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518:1980 - $ 12m - Alta Company
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283:History of private equity
197:, Alta Berkeley Capital,
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447:Polaris Venture Partners
269:Polaris Venture Partners
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692:Computer History Museum
608:Dr. Jean Deleage, Ph.D.
500:American Superconductor
480:Continental Cablevision
436:Dr. Jean Deleage, Ph.D.
165:Dr. Jean Deleage, Ph.D.
1024:Life sciences industry
935:Institutional investor
727:"The Thrill of Defeat"
647:Waltham, Massachusetts
585:Waltham, Massachusetts
548:1992 - $ 161m - Alta V
451:Waltham, Massachusetts
978:Venture capital firms
960:Sovereign wealth fund
246:Boston, Massachusetts
209:Boston, Massachusetts
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40:improve this article
983:Portfolio companies
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639:Alta Communications
634:Alta Communications
589:Seattle, Washington
484:H. Irving Grousbeck
462:Alta Communications
458:based in California
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694:. 4 November 2010.
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51:Find sources:
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29:This article
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955:Pension fund
910:Crowdfunding
721:Jean Deleage
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38:Please help
33:verification
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836:Secondaries
375:(expansion)
998:Categories
673:References
428:Craig Burr
254:California
157:Craig Burr
66:newspapers
920:Endowment
888:Investors
831:Mezzanine
657:sectors.
573:Jon Flint
464:based in
449:based in
381:The 2020s
369:The 2010s
349:The 2000s
333:The 1990s
317:The 1980s
187:Successor
182:Dissolved
96:July 2022
496:Cephalon
237:) was a
219:Products
134:Industry
851:History
821:Venture
739:, 2006.
359:to the
275:History
171:Defunct
153:Founder
145:Founded
80:scholar
826:Growth
712:, 2000
472:London
466:Boston
434:, and
163:, and
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651:media
490:with
488:Qwest
482:with
327:boom)
235:BEDCO
87:JSTOR
73:books
804:and
653:and
622:and
502:and
263:and
248:and
179:Fate
174:1996
148:1979
59:news
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