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Established in 1972, Clark Enterprises, Inc. (CEI) is a diversified investment company headquartered in Bethesda, Maryland. CEI is one of the largest privately held companies in the Washington, DC metropolitan area with holdings in real estate; financial markets, construction; and venture capital, private equity and other investments. Established in 1997, CNF is the CEI affiliate that actively invests in venture capital and private equity. CNF, led by Robert Flanagan, manages over $280 million in capital with current investments in life sciences, oil and gas, technology, telecommunications, and alternative energy. CNF focuses on early and growth stage companies, but will consider investments in later stages and selective public investments as well. CNF looks to partner with other venture capital and private equity firms and is an active investor providing strategic advice to its management teams.
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