Private Equity Investment Banking

JOSH B. OFSTEIN

**** ******* ****** 415-***-****

San Francisco, CA 94115 ********@*******.***

Linked In:

SUMMARY

Highly accomplished investment professional with extensive experience in private equity, venture capital and investment banking. Proven ability to identify, source, execute and manage investments across a variant of industries, with a particular focus on technology, energy, and media. Adept at building relationships with investors, portfolio companies and management team. Successfully raised over $600M for venture funds.

SKILLS

Private Equity

Venture Capital

Fundraising & Investor Relations

Strategic Planning

Relationship Management

Financial Modeling

Portfolio Management

Negotiation

Investment Banking

Valuation

WORK EXPERIENCE

SPY INK, 000, Novato, CA

President 2019-2020

- Hired as contract President to broaden growth initiatives for this print magazine and to raise SPY INKs first formal financing round.

-Executed business plan as part of four person team.

-Developed three growth initiatives in addition to the core print business including transactions, vehicle pedigrees, and events.

-Received verbal commitment to invest from first two investors we approached.

Genlith, Philadelphia, PA

Co-Managing Director, Genlith I 2017-2019

- Sourced and analyzed upstream cobalt and lithium investment opportunities in Chile, US and China.

-Tasked with establishing Genlith’s Private Equity effort on an existing hedge fund platform with a close friend of over 25 years.

-Completed first Cobalt mine deal in Chile by purchasing land and mining rights while working with help from the Chilean government.

-Successfully hired the CEO of the largest distributor of cobalt and lithium in the US to lead the Genlith effort.

Sentire Group, San Francisco, CA

Principal, Sentire I 2010-2012

- Co-founded Sentire with two other Principals to make mezzanine debt and equity investments through the SBIC debenture leverage program.

-Developed proprietary database of target companies and initial deal pipeline focusing on opportunities in the sensing, measurement and control systems (SMC) industry. These companies serve a broad range of industries including defense and aerospace, telecommunications, automobiles, oil and gas, and environmental among others.

-Sourced growth capital, change of control and turn-around investments in established companies with revenues of $5-

$30M.

-Created business plan to raise $30M of equity, $100M total effective fund with SBA leverage.

The Carlyle Group, San Francisco, CA

Principal, Carlyle Growth Partners II, III 2004-2009

Vice President, Carlyle Growth Partners II 2000-2004

Sourced and executed venture and complex structured transactions such as LBOs and carveouts.

-Focused on opportunities in the technology, energy, business services and media sectors; led the fund’s investment effort in materials, semiconductors, renewable energy and IT infrastructure.

-Served as director of REVShare and StrionAir and a board observer at Panasas, Verari and Canesta.

-Past investments include Indigo Systems (acquired by FLIR Systems (Nasdaq: FLIR), Matrics (acquired by Symbol Technologies), CPU Technology, Fab Solutions, Fairchild Imaging and Jazz Semiconductor (AMEX: JAZ) which have returned over $125 million to Carlyle LPs.

-Supported portfolio company management through monitoring of operational and marketing plans and budgets, evaluation of M&A and other exit opportunities and formation of strategic alliances.

-Performed market, technology, competitive and management assessment to evaluate investments. Managed diligence efforts including intellectual property, regulatory and accounting. Constructed detailed financial models. Prepared and presented investment memoranda. Negotiated credit agreements and legal documents

-Senior officer of team that raised Carlyle Venture Partners II and III which received $602 and $605 million respectively.

-Responsible for frequent communication with Carlyle Limited Partners.

-Represented Carlyle on the Board of the Global Semiconductor Alliance

Banc of America Securities, San Francisco, CA

Vice President, Investment Banking 1998 - 1999

-Worked with senior management and board of directors in devising, implementing and managing IPOs, convertible debt offerings, M&A and private placements for industrial companies.

-Prepared prospecti and roadshow presentations with clients to concisely position companies to investment community.

-Performed strategic and valuation analyses of companies using comparative market, precedent acquisition, LBO, share repurchase and discounted cash flow analyses and present results to clients.

-Responsible for both business development and ongoing client relationship management.

-Researched markets and identified new group focus areas.

Vector Capital / Ziff Brothers Investments, Menlo Park, CA

Associate, Vector Capital I 1996 - 1998

-Sourced and analyzed technology venture investment opportunities.

-Evaluated market and strategic issues, technical merits, competitive positioning and quality of management team. Focus included companies in wireless telecommunication, Internet software and services and enterprise software.

-Supported management of eight portfolio companies including CrossRoute Software, Diva Communications, ichat, NetGravity, Phoenix Wireless, RealNetworks and Visto.

-Performed extensive due diligence including management references, customer calls and site visits. Conducted detailed financial statement and valuation analyses.

-Developed financial proposals, evaluated investment returns of potential deal structures and negotiated purchase agreements.

-Responsible for ongoing projects with portfolio companies including business development, recruiting, M&A and financial modeling.

Robertson, Stephens & Company, San Francisco, CA

Associate, Technology Investment Banking 1995 – 1996

Analyst, Technology Investment Banking 1993 – 1995

-Member of three person group that underwrote 22 transactions resulting in $20.0 million in fees.

-Led 10 to 15 person deal teams consisting of management, bankers, lawyers and accountants in conducting financial and operational due diligence and drafting SEC filings.

-Performed valuation analyses of companies and created financial models.

-Recognized as top performer in peer group for three consecutive years.

EDUCATION

The Wharton School, University of Pennsylvania, Philadelphia, PA

-B.S. Economics, Cum Laude, May 1993.

ADDITIONAL INFORMATION

-Avid automotive enthusiast. Enjoy weightlifting, horology and personal investing.

Contact this candidate