Friday, March 25, 2011

Local venture capitalist J. Carter Beese Jr. dies at 50 - Washington Business Journal:

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a local venture capitalist and former commissioner of the Securities andExchange Commission, committed suicided in California on according to The Baltimore Sun. Beese, 50, was a partned at Owings Mills, Md.-based and chairmabn of the venturecapital firm's advisory committes at the time of his death. He previouslyy served as president of RiggsCapitakl Partners, a $100 million venturw fund affiliated with D.C.-based , now part of PNC Financial Beese was also the former vice chairman of the globap banking group at and chairman of before the investmenr bank merged with Bankers Trust.
"Wew here at Boulder Ventures are deeply saddened by his saysAndy Jones, a general partner in the Owings Mills office. "Our thoughts are with his Beese had held board positions withOwings Mills-basedx Aether Systems, , Equivest Finance, Riggx National and several privatew companies. He had an extensive career in government in addition to his business He was a member of PresidentGeorge W. Bush's Informatioj Technology Advisory Committee. President George Herberr Walker Bush appointed Beese in 1990 directofr of the Overseas Private Investment The elder Bush nominated him in 1992 to be an SEC a position he heldthrough 1994.
Durin g his SEC tenure, Beese was especiall interestedin cross-border capital flows, the derivatives market and corporat governance, according to Boulder Ventures' online site. Beesre was a senior advisedr tothe D.C. foreign policy thinmk tank Center for Strategic andInternationapl Studies. He was also elected a governor for financial services and an elected globap leader for tomorrow at the WorldEconomic

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