When it comes to companies focusing on sustainability, the Portland market is bursting with energy
Seattle, Washington (PRWEB) January 23, 2008
Cascadia Capital, a Seattle-based national investment bank that serves emerging growth companies in sustainable industries, announced today that Ted Bernhard has joined the firm as a Managing Director.
Bernhard comes to Cascadia Capital from Stoel Rives LLP, a Portland-based law firm, where he was the founder and Managing Director of the Energy Ventures Group, a member of the Technology Ventures Group and Chairman of the Solar Group.
At Stoel, Bernhard focused on securities and general corporate law, with particular emphasis on providing counsel to entrepreneurs, investors, technology transfer organizations and others involved with creating, operating, and financing emerging businesses in the Pacific Northwest.
"Ted brings us a special set of finance skills, a vast and knowledgeable network and a deep understanding of the New Energy Economy," said Michael Butler, Chairman and CEO of Cascadia Capital. "We're very confident that he'll help us guide fast-growing companies in the world of sustainable industry as they head down the path to prosperity."
Bernhard will be based in Portland, extending Cascadia's reach and presence south from Seattle and Vancouver, B.C., and east to Denver.
"When it comes to companies focusing on sustainability, the Portland market is bursting with energy," said Bernhard, "and I'm looking forward to financing their futures now that I'm part of Cascadia Capital. We're going to engage in a number of significant and breakthrough transactions."
Prior to joining Stoel Rives in 2004, Bernhard was the Co-Founder and Managing Partner of Cascadia Pacific Management, one of the Pacific Northwest's first early-stage venture capitalists and one of the first venture capital firms in the nation to invest in the clean tech sector.
While with Cascadia Pacific Management, he managed four separate institutionally-backed venture funds in Oregon, Washington, and Western Canada, which financed over 100 of the region's fastest growing technology companies, including: Radisys, FEI Company, Creative Multimedia, Antivirals, Sapient Health Network/WebMD, PrintPaks, Templex Technologies, Serveron Corporation and Westport Innovations.
A recipient of The Portland Business Journal's "40 Under 40" Award, given to the most accomplished, influential and civic-minded young executives in Portland, Bernhard was also a New York-based strategic consultant in the Information Technologies Group of Booz Allen Hamilton.
He received his J.D. from Willamette University College of Law and his B.A., magna cum laude, in economics from Princeton University.