William P. Egan

William P. Egan is an American venture capitalist. He is the founder and General Partner at Alta Communications, a venture capital firm,[1][2][3] and Marion Equity Partners, a private equity firm, both based in Boston, Massachusetts.[4][5] 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. Egan is also a limited partner, along with fellow BEDCO founder Craig Burr, at Nobska Partners, also in Boston.

Early life and education

Egan received his B.A. from Fairfield University in 1967 and an MBA from The Wharton School of the University of Pennsylvania in 1969.

Career

Egan was previously a Partner at TA Associates.[6] 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.[7]

Egan is a long-standing member of the Fairfield University Board of Trustees[8] 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 Egan's parents, John and Marion Egan. Egan's gifts to the University is the largest donation received by Fairfield to date.[9] Egan is 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 978-0-87584-938-6)

Egan is an owner of the Boston Celtics through his partnership with Boston Basketball Partners LLC.[9]

Personal life

He and his wife Jacayln Egan (formerly Jacalyn Conklin) have donated large sums to Fairfield University and divide their time between Boston, MA and Newport, RI.[10] Egan and his wife are part-owners of the Boston Celtics of the National Basketball Association through his partnership with Boston Basketball Partners, LLC.[11]

References

  1. ↑ "The Valley's priciest home sales". The Arizona Republic. January 26, 2010. Retrieved 7 September 2015.
  2. ↑ "Red Sox CEO Larry Lucchino headlines 10-member ownership group that purchased Pawtucket Red Sox". The Republican, masslive.com. February 2015. Retrieved 7 September 2015.
  3. ↑ "What's ahead for venture capital?". CNET. CBS Interactive. Retrieved 7 September 2015.
  4. ↑ "PawSox would need change in state law to get tax break from Providence". WPRI 12 Eyewitness News. March 6, 2015. Retrieved 7 September 2015.
  5. ↑ "Pawtucket Red Sox sold, will move to Providence - The Boston Globe". Boston Globe. February 24, 2015. Retrieved 7 September 2015.
  6. ↑ "- February 2, 1987". Fortune. Retrieved 7 September 2015.
  7. ↑ Blackford Capital LLC - Investment Team - Limited Partners
  8. ↑ University, Fairfield. "Fairfield University - Fairfield University names four to Board of Trustees". fairfield.edu. Retrieved 2015-10-01.
  9. 1 2 "These 9 PawSox co-owners will decide next move". WPRI 12 Eyewitness News. Retrieved 7 September 2015.
  10. ↑ University, Fairfield. "Fairfield University - Fairfield University Alumnus William P. Egan '67 makes historic $6 million gift to support scholarships, athletics". fairfield.edu. Retrieved 2015-10-01.
  11. ↑ Celtics, Boston. "Boston Basketball Partners Assume Ownership of Celtics Franchise | Celtics.com - The official website of the Boston Celtics". www.nba.com. Retrieved 2015-10-01.

External links

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