Who We Are
Dr. William H. Taylor II - Managing General Partner
Dr. Taylor's career as a venture capitalist spans over 30 years and several successful technology venture capital funds based in New York and the Silicon Valley in California. From 1983 to 1998, Dr. Taylor served as General Partner of Taylor & Turner Associates, Ltd., which managed a group of three venture funds including a Westinghouse fund, and invested in technology businesses nationwide ranging from seed stage to leveraged buyouts. In 1974, Dr. Taylor managed the successful LBO of BEI Electronics and from 1979 to 1982 served as COO and a Director of BEI. He served as vice president and a Director of Green Capital Corporation, a San Francisco bank affiliated SBIC, from 1973-1982. Previously, Dr. Taylor served as vice president of corporate finance for White, Weld & Co., in New York, NY, and as a founder and vice president of Data Science Ventures, Inc. in Princeton, NJ, a venture firm established in 1968 to invest in the Data Processing Industry. Dr. Taylor earned Ph.D. and Master of Science degrees from Princeton University and received a Bachelor of Engineering Science from The Johns Hopkins University.
E-mail: whtii@mtncap.com
J. Rudy Henley - Partner
Since 1980 Mr. Henley has served as Senior Managing Director of Process USA, a credit card merchant services company. Co-founder of the company, he has been involved in commercial, investment and residential real estate for twenty-five years. He leads the firm's business recruitment efforts for new listings and client representations. Mr. Henley is currently principal-in-charge of the $50 million development of Stonewall Jackson Lake State Park Resort, a public -private development that includes a lodge, conference facilities, an 18-hole golf course, and numerous additional amenities. Mr. Henley graduated from West Virginia University where he earned a BS Degree in Business Administration.
E-mail: jrhenley@mtncap.com
Patrick A. Bond - Partner
Mr. Bond is a founding General Partner of Mountaineer Capital, LP, West Virginia�s only active SBIC. He came to Mountaineer with a wealth of experience in finance, administration, strategic planning, general management, and information technology. Prior to founding Mountaineer, he was a Managing Director with McCabe Henley, LP. Prior to that he owned and operated an independent consulting practice, Growth Management Group, specializing in the areas of Business Environment Assessments, new product development, investment and financial analysis and strategic planning. Mr. Bond previously served as President & CEO of Atlantic Financial Federal, a $750MM federal savings bank. In addition to his service on boards of numerous portfolio companies, Mr. Bond serves on the board of directors of the Federal Home Loan Bank of Pittsburgh, a $79B wholesale bank serving Delaware, Pennsylvania and West Virginia. Mr. Bond graduated from West Virginia University where he received both his Master's and Bachelor's Degrees in Industrial Engineering.
E-mail: pabond@mtncap.com
Angela M. Hyre � Controller
Ms. Hyre joined Mountaineer in January 2004. Prior to her arrival at Mountaineer she held positions as Vice-President of Administration and Finance Manager at an established architect firm in Charleston, WV. Prior to that time she served in Accounting and Administrative positions with other entrepreneurial companies in West Virginia. Ms. Hyre manages the daily financial operations of the Partnership and its management company. Ms. Hyre is responsible for financial reporting to Mountaineer Capital's limited partners and manages the annual audits performed for the limited partners and the Small Business Administation (SBA). Additionally, she monitors SBA regulatory compliance. Ms. Hyre graduated from the University of Charleston with degrees in Accounting and Business Administration and is currently continuing her educational experience at the University of Charleston in anticipation of taking the CPA examination for certification. E-mail: angi@mtncap.com
Adi J. Noronha - Analyst
Mr. Noronha graduated Magna Cum Laude from the University of Notre Dame with a degree in Business Administration in May 2003 and has worked with Mountaineer since that time. His current responsibilities include general research, preliminary analysis and due diligence of deals as well as maintenance of the firms deal log and web site. Mr. Noronha will be leaving Mountaineer in August to pursue his JD/MBA at Northwestern University. E-mail: ajnoronha@mtncap.com
Investment Advisory Board
Honorable D. Bruce Merrifield � Chief Executive Officer � Pridco Management
Dr. Merrifield was a visiting Executive Professor of Management at the Wharton School of Business from 1989 until 1994, and during the Reagan Administration was both Assistant Secretary of the Department of Commerce for Technology, and Undersecretary of Economic Affairs. At Commerce, Dr. Merrifield�s office spearheaded landmark legislation to modify the antitrust laws to permit successful technology transfers (the Cooperative R&D Act of 1984) and the Technology Transfer Acts of 1984 and 1986. The office developed the R&D Limited Partnership concept and catalyzed the formation of more than 100 cooperative R&D consortia, involving over 1,000 companies, and many innovation centers or incubators in many states and local communities. In addition, his office initiated the Quality Productivity Award, (later renamed the Baldrige Award), the National Technology Medal, and the program of small business shared �Flexible Computer Integrated Manufacturing Centers.� Prior to Government service, he was Vice President of Technology and Venture Management of the Continental Group. Dr. Merrifield is a past member of the Advisory Board for the Bi-national Research and Development Foundation with Israel and is a current member of similar boards with India and France. He has served as Science Advisor to the Jordanian government and as a member of the Visiting Committee for Research at MIT and at Boston University. Dr. Merrifield is a graduate of Princeton University and holds Master and Doctoral degrees in Physical Organic Chemistry from the University of Chicago.
William C. Miller - Academic Dean and Provost - United States Naval Academy
Dr. Miller returned to his alma mater as Academic Dean in 1997 after having served as Associate Provost for Research and Economic Development at West Virginia University. There he was responsible for providing institution-wide leadership for the university's research program, and for developing and guiding the university's contribution to economic development throughout the state. At the same time Dean Miller served as Executive Director and Vice Chairman of the Board for the West Virginia University Research Corporation, a private nonprofit corporation chartered to support and foster the research mission at the university. Before his arrival at West Virginia in 1993, Dr. Miller served in a variety of assignments in the U.S. Navy, the most prominent of which were in the areas of research and development. From 1990 to 1993, then Rear Admiral Miller served as the Chief of Naval Research in Washington DC, and chief executive of the Office of Naval Research. There he was responsible for the Department of the Navy�s $1.5 billion annual investment in science and technology through universities, industry and government laboratories. Prior to that Dr. Miller served as chief executive of the Naval Research Laboratory; founding director of both the Navy's low observable (stealth) technology office and the DOD counter low observable office. In addition to his undergraduate degree Dr. Miller earned his masters and doctor of philosophy degrees, both in Electrical Engineering, at Stanford University.
Thomas A. Heywood � Attorney at Law � Bowles Rice McDavid Graff & Love PLLC
Mr. Heywood, a member of the firm, earned his Bachelor of Arts degree, with distinction, in International Relations in 1978 from Stanford University, where he was elected to Phi Beta Kappa Honorary Society. He earned his law degree in 1982 from Harvard Law School, where he served as Editor of the Harvard Law Record (1980-82) and Developments Editor of the Harvard International Law Journal (1981-82). Mr. Heywood is a former Law Clerk of The Honorable John A. Field, Jr., Senior Judge United States Fourth Circuit Court of Appeals. From 1989 to 1990 he served the Honorable Gaston Caperton, Governor, State of West Virginia, as Counsel, and from 1990 to 1993 he served as Governor Caperton�s Chief of Staff. He returned to the firm in 1993 where he focuses his efforts in the areas of health care, corporate, finance and commercial law. He currently serves as chairman of the firm�s Client Development Department, and Chairman of the firm's Health Care and Government Relations Groups. In 1997, Mr. Heywood was appointed by Governor Cecil H. Underwood to serve as Co-Chairman of the "Yes on 1 Committee," which successfully advocated passage of an amendment to the West Virginia Constitution that permitted the State to invest in stocks. Mr. Heywood also served as Chairman of Governor Underwood�s Transition Committee on Medicaid.
Larry E. Palmer � Vice President Taxation � Massey Energy Company
Mr. Palmer joined Massey Energy, a major coal producer that generates $1.2 Billion in sales from 116 subsidiary companies in June 1997. He is responsible for all tax compliance and equipment leasing, and assists with the management of the company�s insurance and bonding functions. Prior to joining Massey, Mr. Palmer served as Director of Taxation for Rochester & Pittsburgh Coal Company in Pittsburgh PA. Palmer earned his Bachelor of Science degree in Biology from Pennsylvania State University in 1977. Following graduation Mr. Palmer served in the United States Marine Corp. He then earned his MBA in 1979 from Indiana University of Pennsylvania. Mr. Palmer is a Certified Management Account and Enrolled Agent and is active in the Tax Institute and the Institute of Management Accountants.
Contact Mountaineer Capital for more information at info@mountaineercapital.com