William P. Egan
Encyclopedia
William P. Egan is the founder and General Partner at Alta Communications
, a venture capital
firm, and Marion Equity Partners, a private equity
firm, both based in Boston, Massachusetts. Mr. Egan also founded Alta's predecessor firm, Burr, Egan, Deleage & Co.
(BEDCO) in 1979 and has identified and backed several of America's leading growth companies in the information technology, life sciences, and communications industries. Mr. Egan is also a limited partner, along with fellow BEDCO founder Craig Burr
, at Nobska Partners, also in Boston, MA.
Egan was previously a Partner at TA Associates
. He began his career as a Manager of Venture Capital for New England Enterprise Capital Corporation. Egan is past President and Chairman of the National Venture Capital Association
and serves on several Boards of Directors of communications, cable, and information technology companies, as well as the biopharmaceutical company Cephalon
.
Egan is a long-standing member of the Fairfield University
Board of Trustees and was honored for his contributions to the University with an Alumni Service Award in 1995. The Egan Chapel of St. Ignatius Loyola is named in honor of Mr. Egan's parents, John and Marion Egan. Mr. Egan's gifts to the University is the largest donation received by Fairfield to date.
Egan is also a Trustee of University of Pennsylvania
and a Graduate Board Member of The Wharton School.
His success in the venture capital industry has a chapter dedicated to his story in the book Done Deals: Venture Capitalists Tell Their Stories. (pp. 269-278, by Udayan Gupta, Harvard Business School Press, ISBN 978-0875849386)
Egan and his wife Jacalyn Conklin Egan are owners of the Boston Celtics
through his partnership with Boston Basketball Partners LLC.
He and his wife Jacayln Egan (formerly Jacalyn Conklin) are involved in numerous philanthropic endeavors and divide their time between Boston, MA and Newport, RI.
in 1967 and an MBA from The Wharton School of the University of Pennsylvania
in 1969.
Alta Communications
Alta Communications is a Boston-based private equity firm specializing in equity investments in media and telecommunications companies.Their equity funds are invested in about 100 companies with total market capitalization approximately $1.5 billion....
, a venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
firm, and Marion Equity Partners, a private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm, both based in Boston, Massachusetts. Mr. Egan also founded Alta's predecessor firm, Burr, Egan, Deleage & Co.
Burr, Egan, Deleage & Co.
Burr, Egan, Deleage & Co. was a venture capital firm which focused on investments in information technology, communications, and healthcare/biotechnology companies....
(BEDCO) in 1979 and has identified and backed several of America's leading growth companies in the information technology, life sciences, and communications industries. Mr. Egan is also a limited partner, along with fellow BEDCO founder Craig Burr
Craig Burr
Craig L. Burr is an early venture capital investor, notable for his role in the founding of two venture capital firms, Burr, Egan, Deleage & Co. in 1979 and Alta Communications in 1996.-Career:...
, at Nobska Partners, also in Boston, MA.
Egan was previously a Partner at TA Associates
TA Associates
TA Associates, founded in 1968, is one of the oldest private equity firms in the United States. The firm employs a hybrid strategy making growth capital investments in developing companies and acquiring mature companies through leveraged buyout and recapitalization transactions...
. He began his career as a Manager of Venture Capital for New England Enterprise Capital Corporation. Egan is past President and Chairman of the National Venture Capital Association
National Venture Capital Association
The National Venture Capital Association is the leading trade association representing the venture capital industry in the U.S. The NVCA represents the venture industry in public policy debates in Washington, DC, and promotes high professional standards, professional development, and interaction...
and serves on several Boards of Directors of communications, cable, and information technology companies, as well as the biopharmaceutical company Cephalon
Cephalon
Cephalon, Inc. is a U.S. biopharmaceutical company co-founded in 1987 by Dr. Frank Baldino, Jr., a pharmacologist and former scientist with the DuPont Company, who served as the company's chairman and chief executive officer until his death in December 2010...
.
Egan is a long-standing member of the Fairfield University
Fairfield University
Fairfield University is a private, co-educational undergraduate and master's level teaching-oriented university located in Fairfield, Connecticut, in the New England region of the United States. It was founded by the Society of Jesus in 1942, and today is one of 28 member institutions of the...
Board of Trustees and was honored for his contributions to the University with an Alumni Service Award in 1995. The Egan Chapel of St. Ignatius Loyola is named in honor of Mr. Egan's parents, John and Marion Egan. Mr. Egan's gifts to the University is the largest donation received by Fairfield to date.
Egan is also a Trustee of University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
and a Graduate Board Member of The Wharton School.
His success in the venture capital industry has a chapter dedicated to his story in the book Done Deals: Venture Capitalists Tell Their Stories. (pp. 269-278, by Udayan Gupta, Harvard Business School Press, ISBN 978-0875849386)
Egan and his wife Jacalyn Conklin Egan are owners of the Boston Celtics
Boston Celtics
The Boston Celtics are a National Basketball Association team based in Boston, Massachusetts. They play in the Atlantic Division of the Eastern Conference. Founded in 1946, the team is currently owned by Boston Basketball Partners LLC. The Celtics play their home games at the TD Garden, which...
through his partnership with Boston Basketball Partners LLC.
He and his wife Jacayln Egan (formerly Jacalyn Conklin) are involved in numerous philanthropic endeavors and divide their time between Boston, MA and Newport, RI.
Education
Egan received his B.A. from Fairfield UniversityFairfield University
Fairfield University is a private, co-educational undergraduate and master's level teaching-oriented university located in Fairfield, Connecticut, in the New England region of the United States. It was founded by the Society of Jesus in 1942, and today is one of 28 member institutions of the...
in 1967 and an MBA from The Wharton School of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
in 1969.