Ted Anderson (Inception - 2014)Founding Fund Advisor, Friend
Ted advised on the creation and management of MVP from inception. Sadly we lost Ted in May, 2014, however his valued advice continues to guide MVP into the future.
Ted was a veteran of the Canadian venture capital industry with over 30 years experience in private equity investment. Ted began his career in venture financing in 1982 with Royal Bank Venture Capital and moved to BG Acorn Capital Fund in 1985. He was an advisor to the Government of Canada on the establishment of the Canada Investment Fund for Africa (CIFA), a US$212 million pan-African investment fund managed by Actis and Cordiant Capital, and continued to sit on the Advisory Boards of the Aureos Southern Africa Fund and the Aureos Western Africa Fund, two investment funds focusing on small and medium sized business investments in southern and western Africa respectively.
Ted joined Ventures West in 1996 and was responsible for the overall leadership and management of the firm. He was also involved with the firm's investment activities, with a focus on IT, communications and semiconductors. Ted later joined the MaRS team in 2012 and most recently served as the Director of MaRS's Centre for Impact Investing and in that capacity advanced Canada's interests in social impact investing.
Some of his past investments include Chantry Networks, an early stage developer of Wireless Local Area Network (WLAN) infrastructure products which was acquired by Siemens (NYSE: SI), InSystems Technologies Inc., a provider of document automation solutions for financial services organizations which was acquired by Standard Register (NYSE: SR), FloNetwork Inc., an application Service Provider in the online direct marketing space which was acquired by Double-Click (NASDAQ:DCLK), and Plazmic Inc., a developer of graphics and media technologies which was acquired by Research in Motion (NASDAQ: RIMM).
In addition to these many contributions to the Venture Captial industry in Canada and Africa, Ted was also a past President of the Canadian Venture Capital & Private Equity Association.
We and and everyone who knew Ted as a colleague and friend miss him dearly.