CEO Gramercy Group
Michael is CEO of the Gramercy Group and a Managing Director of Gramercy Private Equity and is based in New York. Michael has over 30 years of business, investment and managerial experience in global markets. In 2001, Michael co-founded Gramercy Venture Advisors, a boutique investment bank focusing on the technology industry, digital media and sustainability and led the development of Gramercy Private Equity.
Prior to the founding of Gramercy, Michael spent eight years as CEO of Double Impact, a leading San Francisco based venture catalyst. Michael has helped in the development, funding, growth and exit of over 100 early stage technology companies from around the world. He has extensive international experience in building, funding and managing start-up companies. Prior to Double Impact, Michael was Managing Director of Macromedia's Asian operation during the three years leading to its very successful NASDAQ listing in December 1993. As well as his involvement across the full range of activities at Gramercy and serving on the various group Boards and Investment Review Committees, Michael sits on the Boards of a number of portfolio companies. Michael is also the founder of the not-for-profit global democracy site www.voteglobal.com.
Jim Walsh is assisting Gramercy Group to establish its asset management business. He is a Managing Principal of Walsh Advisors, LLC, a firm he co-founded in 2002 to introduce alternative asset managers to institutional investors and provide independent advice to institutions on alternative investment solutions. It consults with asset management firms on cross-border M&A and strategic alliance opportunities.
He has held executive positions in capital markets, investment management and private client services in the US, Europe and Asia. He has served as a senior advisor to several alternative asset managers and has built businesses in New York, London, Tokyo and Zurich.
Jim spent eleven years in Tokyo with senior management responsibility for capital markets, private client business and investment management throughout Asia Pacific. He expanded commodities trading in China, opened offices and executed regional acquisitions. In Tokyo he was a frequent industry spokesperson addressing critical issues of market liberalization throughout the region.
He is a current and former director of several alternative asset funds and served on the board of a listed (NYSE) private equity fund. He has been an Associated Member of the NYSE.
Jim has an MBA from the Columbia University Graduate School of Business, and holds BS and MS degrees in physics from Stevens Institute of Technology where he was a member of the Board of Trustees (1997-2013). He has served on the boards of the Foreign Policy Association, the American Chamber of Commerce in Japan and the Tokyo American Club. He is a member of the Tokyo Club.
Managing Director GG Investment Management
Roger Buckeridge leads the team at GG Investment Management, the venture capital division within GPE, and is forming the general partnership group for the Asia BrandTech Fund, with Stephen Tolchin and Henry Wong.
Roger has been a director and co-founder of Allen & Buckeridge, a leading Asia Pacific venture capital fund based in Sydney, Australia, since 1996 and has been a venture capital and private equity fund manager since 1985. Since 1996 Roger and his partner Roger Allen raised and invested ~$250 million in more than 50 early stage technology-based companies which have brought products and services to global markets in Asia, North America and Europe. Many exits have been secured by successful trade sales to global publicly listed firms. A&B often syndicated its investments with prominent venture capital firms, particularly in California, the US East Coast and Hong Kong/China. Earlier, from 1985 to 1990, Roger served as chief executive of CP Ventures Limited, a $44m early and expansion stage publicly listed venture capital fund that he co-founded, and subsequently was acquired by another investment group. In 1989-90, he led the raising of another venture capital fund, the $33m Japan Australia Venture Capital Fund, which was principally supported by the ANZ Banking Group and a group of corporate and institutional investors from Japan. From 1991 until establishment of Allen & Buckeridge in 1996, Roger consulted to government and industry clients in Australia, in particular on aspects of the emerging information economy based upon the ICT and media industries.
In a thirty seven-year investment management and consulting career (including six years with McKinsey & Company), he has advised ICT industries clients in the United States, Japan and Australia, and has been associated, during their formative years, with several major venture capital investment successes in Australia.
Earlier he trained as a scientist, holding a PhD in chemistry and managed an Asia-Pacific marketing unit within Ford Motor Company.
Managing Director GG Investment Management
Stephen Tolchin, based in Los Altos, CA, is currently an advisor, board member and investor in early stage technology companies. Tolchin is a limited partner in several venture capital firms. He has served on the boards of directors of MizBiz.com, Web Flow Corp., PowerPlan Corp., Movaris and Double Impact. He was an executive advisor for many years to Veritas Software Corp, and has been an advisor to Relational Technology Corporation (later Ingres), Bridge Communications (prior to the 3Com merger), Pyramid Technology Corp., Ramp Networks (from early stage through IPO) and Détente Technology (prior to acquisition by Cadence) and to the Johns Hopkins Hospital. He is a Technology Partner at El Dorado Ventures. He ran a small VC fund and organized substantial angel investment rounds. He has also advised Toggle Entertainment, Optimize Solutions, PeopleMover, and Intelic. He has been an advisor to Common Loop, Celunite, Enterprise Appliances, and a podcasting company.
Tolchin was previously CEO of Webflow Corp. (now Accentuate) and HAL Software Systems, the multi-platform application software products division of HAL Computer Systems, where he also was Vice President of software engineering for the computer systems business. HAL is a Fujitsu owned company. Prior to that, Tolchin was Vice President of software development at Pyramid Technology, a public manufacturer of high performance, scalable Unix server computers (now owned by Seimens), and also had responsibility for various marketing functions, including the $80 MM Telecom Business Unit. Tolchin was also vice president of engineering and chief technical officer at NetLabs.
Tolchin was Technical Director at the Johns Hopkins Hospital, where he developed a large-scale client-server based clinical information system in the early-mid 1980’s, Tolchin was supervisor, software engineering, Unix systems and Principal staff at the Johns Hopkins Applied Physics Laboratory, a $400 MM defense contractor, where he led the development of HIOS, a large-scale integrated office automation and collaboration system for the US Army. At APL he also led development of local area network technology and database technology during 1979-1986. He was also vice-chairman of the graduate computer science program in the Johns Hopkins University GWC Whiting School of Engineering, and was an assistant professor with joint appointments in the School of Medicine and the School of Engineering. Prior to this, Tolchin managed major information system projects for Blue Cross-Blue Shield of greater NY, and worked for Analytic Services Corp. He also founded and operated a manufacturing business in the consumer goods market.
Tolchin holds a B.S in Physics from City College of New York and an M.S and PhD. In Physics from New York University.
Managing Director GG Investment Management
Anthony Stonefield is a managing director of the global GG IM team, based in Cape Town, South Africa, and is forming the general partnership group for the Africa BrandTech Fund.
Until late 2012 he led Nokia’s MEA region efforts to manage value-added services ecosystem and developer relations. Listed as “one of the top 50 mobile content executives” by Mobile Entertainment Magazine, Anthony is a technology pioneer and serial entrepreneur of 18 years, designing and productizing successful interactive media applications for the telecom industry. Anthony pioneered the $8 billion+ downloadable song industry (in cooperation with AT&T/Bell Labs) in 1995; popularized ringtones worldwide in 2000, creating what became a $6 billion ringtone market; in 2009 developed a solution for project media programs between phones; led the Communication 2.0 project at Qualcomm Labs; and advises four innovative internet and mobile media ventures. His former Qualcomm IP-communication project allows the mobile chip giant to build upon its industry-leading QChat™ push-to-talk infrastructure to bring to market an evolutionary stride in social telepresence, providing 3G smart phone users with innovative voice, text, location and media-sharing communication experiences.
Prior to Qualcomm, he founded and built Emotive Communications, Inc. and managed the deployment of a consumer application that enables rich, multilayered, interactive media messaging. At Emotive, he raised $14 million in venture capital from leading technology and media investment companies, won a $700,000 R&D grant from the Singapore government’s IDA program, and sold the company to one of the world’s leading mobile advertising and media companies. Prior to founding Emotive, Anthony Stonefield founded and ran Moviso LLC which he sold to Vivendi Universal in 2002 and then sold again to InfoSpace in 2003, where the Moviso venture generated over $1.5 billion in mobile content sales and helped to double InfoSpace’s stock price by driving five consecutive record quarters of net revenue. He earned his bachelor's degree in natural science from the University of California at Santa Cruz, is a SCUBA diver and pilot, and is married with three children.