Management Team

The management of Ticonderoga has worked together as a team since 1997 when they managed Dillon, Read & Co.’s venture capital operations. They have over 50 years of collective venture capital investing experience and have lead investments in over 75 companies. Their expertise in technology-enabled business services is unmatched in the venture industry. This depth of industry experience enables the Partners to add significant value to its portfolio companies by assuming Board positions and becoming actively involved at the strategic and advisory levels.

 

Craig A.T. Jones

(650) 384-5811
craig@tpeboulder.com

Craig Jones is a 30 year veteran of the venture capital and private equity industry and currently runs the private equity firm Ticonderoga Private Equity and its portfolio company, InnoCentive. He has invested extensively in healthcare and software businesses, leading investments in over 60 companies in healthcare IT, healthcare business services, healthcare services, SaaS, and internet-based companies.Mr. Jones has invested widely in virtually all subsectors of healthcare and has specialized in the past 10 years in technology-enabled healthcare business services, including revenue cycle management, clinical research management, fraud and abuse detection, data management, and disease management. Ticonderoga Private Equity sold HealthDataInsights for $400 million, providing the Ticonderoga funds a 13X return on Mr. Jones’ portfolio investment. Ticonderoga sold TC3 Health for another strong return on Mr. Jones’ healthcare investments.

He is Chairman of the Board of the healthcare companies eStudySite and National Research Institute and both Executive Chairman and President of the leading crowd source innovation company InnoCentive. He is also a member of Board of Directors of Construction Software Technology.

Mr. Jones’ extensive private equity career includes Managing Partner of Ticonderoga Private Equity since 1997 where he has overseen investments of over $300 million. He was Managing Director at Dillon, Read & Co and head of its venture capital partnerships, Vice President at Advent International, Associate at Centennial Ventures and a consultant with Bain & Co. He is a graduate Magna Cum Laude of Harvard Law School.

Mr. Jones has participated as a member of the Board of Directors of the National Venture Capital Association, and has founded a charter elementary school. He lives in Boulder, Colorado with his wife and kids.

James E. Vandervelden

(617) 314-3950
james@ticcap.com

Mr. Vandervelden co-founded Ticonderoga Private Equity in 1997 and has over 20 years of industry tenure including over 18 years of private equity experience. At Ticonderoga, Mr. Vandervelden focuses on deal origination and selection, investment due diligence, managing and exiting investments, and raising capital. Prior to Ticonderoga, he worked at Dillon Read & Co.'s venture capital group making growth capital investments for its fund. He worked previously with TA Associates on minority growth capital and secondary purchase investments, management buyouts, and recapitalizations of growing, lower middle market technology and service-related businesses. Prior to TA Associates, he was employed by APM Inc., where he specialized in strategic and operational consulting to hospitals and academic medical centers in the United States and Canada. He is currently a member of the Board of Directors of Logical Images, Inc. and Mycroft Inc., and is Ticonderoga's Observer for Brainshark Inc. and BandDigital Inc. Mr. Vandervelden received a B.A. in Economics and Organizational Behavior & Management, with Honors, from Brown University.

Robert M. Hannon

(781) 930-3142 
bob@tpeboulder.com

Mr. Hannon has over 20 years of industry experience. He joined Ticonderoga in 1998. He has responsibility for financial reporting, control and administrative functions. Prior to joining the firm, Mr. Hannon was Treasurer at Town & Country Corporation, a manufacturing and marketing company with sales of $450 million and operations in the USA and the Far East. Previously, Mr. Hannon held corporate finance positions at Data General Corporation, Ford Motor Company, and Leesona Corporation. Mr. Hannon received a B.A. in Economics from Harvard College and an M.B.A. in Finance from The Wharton School, University of Pennsylvania.