The Telmarc Group
A Technology Investment and Management Company
Principals
Dr. Terrence P. McGarty
Dr. McGarty, Managing
Partner, has been the founder of Telmarc and has been with the
Company since its founding in 1984, except during the period of 1986
thru 1992, when he left to join NYNEX. Dr. McGarty holds a Ph.D.
from
MIT in Electrical Engineering
and Computer Science, has studied in the joint MIT/Harvard HST
program in Medicine. He has been President
of Warner's Electronic Media Company, and COO of NYNEX Mobile
Communications Company.
Dr. McGarty has been personally involved in the structure, financing, operations and management of most of the Telmarc investments. He has managed businesses world wide and has had offices in Prague, Warsaw, Athens, and Bangkok, as well as operations in over twenty five countries. He has written extensively in the area of telecommunications and other areas and is a recognized expert in many litigation support areas. Dr. McGarty had recently also returned to MIT (2005-2012), on a pro bono basis, as a Research Affiliate in RLE in the Department of Electrical Engineering and Computer Sciences where he advised doctoral students in the communications area and had begun investigating genomics for potential development and investment opportunities. He started his career at MIT both as a student and a faculty member.
Dr. McGarty is the author of fourteen books including Business Plans that Win Venture Capital, Wiley (1989). He was Vice Chairman of the National Academy of Sciences Presidential Committee on the Internet (1998-2000) Dr. McGarty has been on the boards over two dozen companies including MDSI, a public company, in which he was also head of its Audit Committee.
Dr. McGarty is supported by colleagues with whom he has worked with in the past. These colleagues are independent advisors to Telmarc and have participated in various prior investments and management positions in Telmarc entities. tmcgarty@telmarc.com
Mr. Andrew Gregor
Andrew Gregor serves as an
adjunct Senior Managing Director of Telmarc,
practicing in our business development, financing and
private equity practice. Most recently, Mr. Gregor has
been responsible for Corporate Finance and Business
Development, as a Senior VP and Treasurer at Sirius XM
Satellite Radio. In his years at Sirius, he
lead successful expansion efforts in Canada and other parts of the
world, and was also responsible for over $3 billion in
debt and equity financings.
Most recently, he led the restructuring of the Sirius balance sheet, caused by its strategic merger with its major competitor, XM. . He has previously held executive positions with a number of major public and private companies in the US and Europe, with responsibilities as a CFO for financings, acquisitions, divestitures, financial reporting and controls and strategic planning. Previously, Mr. Gregor was the Chief Financial and Administrative Officer of Zephyr Communications, a Telmarc investment.
At Zephyr, he along with the CEO raised over $100 million in venture financing and managed its operational rollout in the US and Central Europe. Prior to Zephyr, he was Chief Financial Officer of several publicly traded media, entertainment and consumer goods companies, including GT Interactive, a leading video game developer which he took public in the largest venture backed IPO of 1995, and Lillian Vernon, the specialty direct marketing retailer. During Mr. Gregor's career, he has been personally responsible for in excess of $7 billion in financings, and a like amount of acquisitions and divestitures. He began his career in investment research and spent much of his career in the Controllership and Treasury areas of major public corporations. Mr. Gregor has assisted Telmarc through his own company, Putnam Capital Services, LLC, in several investment evaluations.
Mr. Gregor holds an MBA from the Wharton School where he was recognized as a Baker Scholar, and a BA from Wesleyan University.
Dr. Lloyd Nirenberg
Dr. Nirenberg is Senior
Technology Advisor of Telmarc and represents Telmarc in
Silicon Valley. Dr. Nirenberg has contributed extensively to
many of the key innovations in communication system design
and financial engineering. He has over 30 years experience
in diverse wireless communications industries as an engineer,
general manager,
Currently he applies his expertise in
technology, economics and competition to assist clients
craft strategies for growth in the face of varied
opportunities and risks. Business operations seeking help
defining product road maps or placing a value on their IP
can benefit from consulting him.
He has a Ph.D. (EE)
from UCLA, and was a Hughes Doctoral Fellow. Dr. Nirenberg
and Dr. McGarty have been associated for almost fifty years
working on a variety of commercial and Government projects.
Mr. Archie D. Typadis,
J.D.
Mr. Typadis
is a Senior Advisor of Telmarc and is
President of Linear A Communications.
He is also CEO
of Erevnos, a start up in the area of mass
spectrometry software. He is an
attorney in private practice with a concentration
in telecommunications law.
Most recently, Mr. Typadis has been
involved in the development, financing, and management of fiber to
the home optical networks in rural New England. From 1996 until
2001, Mr. Typadis served as Executive
Vice President and General Counsel and director of
COMAV Corporation, a facilities based
competitive local exchange company
providing local, long distance telephone, and high speed Internet
(DSL) services.
Mr. Typadis identified, negotiated and closed on the initial capital financing of the COMAV. Mr. Typadis represented COMAV in merger and acquisition negotiations and had overall responsibility for all due diligence compliance on $150 million high yield equity financing offering. Mr. Typadis negotiated and closed all employment, regulatory matters, real estate, vendor financing, and equipment and property leases. Prior to joining COMAV, he served as General Counsel to two telecommunication startups. For the past 25 years, Mr. Typadis' practice has concentrated in telecommunications, corporate, banking and litigation matters. Mr. Typadis holds a Bachelor of Arts degree in Economics from Northeastern University and a Juris Doctor degree from Suffolk University Law School. Mr. Typadis has provided Telmarc with his legal support and services as well as the introduction of new investment opportunities. He has been associated with Telmarc for twenty years as an affiliate. Mr. Typadis was key to Telmarc's investment in COMAV as a founder and as the CEO.
Jonathan Turkel, Esq.
Mr.
Turkel is an adjunct Managing Director of Telmarc. From 1994 through 2012, Mr.
Turkel was a senior lawyer and investment advisor to a high net
worth family in Manhattan which made numerous private equity,
venture capital and real estate investments totaling in excess of
$200 million.
Mr.
Turkel assisted the family in evaluating hundreds of proposals for
financings and in structuring, negotiating and documenting their
investments. He was also a director of several companies in which
the family had a sizeable investment, including Versa Systems, Inc.
a software company headquartered in Toronto, and Zephyr, where he
worked with Dr. McGarty and Mr. Gregor. Mr. Turkel was also a
partner of the investment general partner of a venture capital fund
in which an affiliate of the family was the lead investor.
Prior
thereto, Mr. Turkel was a First Vice President in the
investment banking division of Lehman Brothers for six years and was
associated with a major NYC law firm.
Mr.
Turkel received a Bachelor of Arts, summa cum laude , from New York
University and a Juris Doctor, summa cum laude, from the NYU School
of Law, where he was a member of the Law Review and the Order of the
Coif.
S.
Dr. Treves is a Senior Advisor in the Health Care Area
to Telmarc. Ted Treves was the Chief, Division of Nuclear Medicine
Children’s
Hospital,
Boston. Ted Treves' research is directed along two paths:
integrating systems in medical imaging and optimizing the use of
nuclear medicine in pediatrics. In the first, he has evaluated new
technologies for implementation. One recent implementation, the
Picture Archiving and Communication System, has largely reduced the
use of film in diagnostic imaging and allowed image sharing
throughout the Children's Hospital enterprise. In the second, he has
conducted numerous evaluations of existing and emerging technologies
and participated in multi-center trials of nuclear medicine imaging
in children.
Ted Treves received his MD from the
Mr. Mikhail Kazachkov Mr. Kazachkov is a Senior
Advisor of Telmarc and has been involved with Telmarc
investments for over fifteen years focusing on Russian and
Eastern European opportunities. Mr. Kazachkov was educated in St
Petersburg at the University and majored in nuclear and atomic
physics He did considerable work in telecommunications,
electronic media and other aspects of digital revolution: from
leading GIST, Inc., a widely recognized expert company in East
European/Russian telecom, to helping introduce VoIP telephony to
Russia via a Telmarc sponsored investment, to organizing and
chairing high level conferences, to consulting the Russian
parliament, to drafting national telecom policy. The National
Institute for Information Society he founded continues to be a
permanent feature of the Russian think tank community. He
joined CPMG management consultants after the telecommunications
ventures. He then founded Overseas Engineering, and begin
working in the area of technology transfer. A not-for-profit
projection has been consulting a top level U.S.-Russia judiciary
exchange program aimed at intellectual property protection.
Such exchanges have involved numerous Russian judges and judicial
officials, up to and including, the Chairman of the Russian Supreme
Commercial Court. Mr. Kazachkov has assisted Telmarc from time to
time in its interests in Russia and other Easter European countries.
Mr. Kazachkov was key to the development of the Zephyr investment in
its Russian subsidiary.
Howard Reis is a Senior Advisor in the Health
Care area to Telmarc.
Prior to a brief tenure in the Medical Imaging group at Accenture,
Howard
Ms. Kristin Bottner Kristin is a Senior Associate at Telmarc and has
been affiliated with the company since 1996. Kris
was
Vice President of Sales/ Director of Business Development at Imaging
On Call, a teleradiology provider which was acquired by RadNet, Inc.
Previously Howard worked at the intersection of the
healthcare and telecommunications industries, delivering high speed
broadband data communication to hospitals and other medical
facilities. At Telcordia
Technologies (formerly Bellcore) Howard was Vice President in the
Professional Services division providing consulting services to
start-up companies in the telecommunications industry.
Howard’s first exposure to Medical Imaging was as a project
manager at Nynex Science and Technology for its Media Broadband
Service, managing early telemedicine trails with four teaching
hospitals. Howard has an
MBA in Finance from NYU and has published several articles on
Teleradiology, Telecommunications and Telemedicine.
has
been active in facilitating and supporting multiple financings of
the various investments during that time, preparing investor
information, and communicating with investors. Kris was a key
participant in managing the investments in the Telmarc related
entities in the Czech Republic, Greece, Poland, Russia, Thailand,
South Korea and Germany. She also provided support related to the
due diligence on various investments and in training of new
acquisition staff on company methods and procedures. Kris hold
degrees from West Virginia University (BA and MA).