|
|
ABS Ventures has been helping entrepreneurs build companies since 1982 when the first ABS Fund was formed in association with Alex Brown & Sons, an investment banking and brokerage firm located in Baltimore. In 1987 a group of Alex Brown employees, led by Bruns Grayson, formed an independent company to manage the ABS Ventures funds. In 2003, Deutsche Bank decided to exit private equity of all kinds, including venture capital. In conjunction with Bill Burgess, Managing Partner of Deutsche Bank Venture Partners, ABS Ventures engineered a partial buy-out of Deutsche Bank's direct venture investments, including select interests it owned through ABS Ventures. ABS currently manages over $320 million in assets. Principal areas of investment have been Information Technology and Health Care, with particular focus on software, data communications, business services, health care IT and medical devices. The firm's typical investment size has been $5-$15 million. ABS Ventures invests in large, rapidly growing companies that have either complete or near-complete management teams with deep experience and strong performance track records. In cases where the team is not complete, ABS is able to provide candidates with the necessary skill set to help the company move forward.
|
