Montauk Partners - Investment Team

Webdesign by
Networld-Project
© 2001- 2003

Investment Team

	Edgar J. Pfohl Mr. Pfohl is President of Partnership Management Inc., which is the investment advisor to several investment vehicles that have acquired 34 interests in venture partnerships and shares in 43 orphan companies with a net asset value at purchase of over $39 million. In 1987 Mr. Pfohl became one of the first intermediaries in the secondary market for venture capital partnership interests. He established an exclusive database of over $800 million of partnership transfers that was published in The Venture Capital Journal and The Private Equity Analyst. Institutional investors have engaged Mr. Pfohl to evaluate 128 venture partnerships with net assets of over $377 million.
	Prior to 1987 Mr. Pfohl was President of the Rockies Fund, a public venture capital fund investing in emerging growth companies in the Rocky Mountain Region. Mr. Pfohl is a graduate of Capital University and he has completed postgraduate MBA studies at CSU-Fresno and the University of Denver.

Brian M. Smith

Mr. Smith, CPA and CFA, formerly was Senior Vice President of Sterling Grace Capital Management, L.P., a diversified, global asset management firm. He joined Sterling Grace in 1996 and participated with Mr. Pfohl in the purchase of 15 interests in venture partnerships and shares in 17 orphan companies with a net asset value at purchase of over $20 million. Prior to joining Sterling Grace, he served as Vice President and CFO for a venture capital startup company involved in supplying particulate control equipment to the process industries. Prior to that position, Mr. Smith spent six years within investment department of The Travelers Insurance Company, where he specialized in private placements.

Brian M. Smith

Before joining Travelers, he was Treasurer for KSA Industries, Inc. a diversified investment company with interests in professional football and oil and gas. Mr. Smith has been a Chartered Financial Analyst since 1992 and a Certified Public Accountant since 1984. He earned his MBA from the University of Texas at Austin.