Anita P. Stephens is a General Partner of Opportunity Capital Partners ("OCP"), a private equity firm that provides equity capital to later stage companies for acquisition and expansion as well as early stage companies with leading edge technologies. The fund's investments are primarily in the areas of communications, information technology and healthcare, with a particular focus on businesses that are owned or managed by minority and women entrepreneurs. Ms. Stephens joined OCP in December 1996. Prior to joining OCP, Ms. Stephens served as President of Renaissance Capital Corporation, a Small Business Investment Company in Atlanta, Georgia. Her career has also included management positions at Manufacturers Hanover Trust, Benton & Bowles, and Prudential Insurance Company. Ms. Stephens currently serves on the board of several of the fund's portfolio companies. She is also a member of the board of directors of Pacific Community Ventures, a member of the Cornell University Entrepreneurial Advisory Council and the President's Council of Cornell Women. Ms. Stephens has an undergraduate degree in economics from Cornell University and an Executive MBA at Golden Gate University.
We look for, minimally now, 45-50% IRR on ideals. That would be considered an OK deal. We like to be given where we start investing, which is the second and third round, we'd like to be in that 50-60% given where the market is now shaking out to be, to be in that 50-60% IRR level is a good thing ...(Full transcript available to logged in subscribers.).
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Anita Stephens Discusses Number of Business Plans She Sees and Number of Deals OC Performs Per Year
Anita Stephens Discusses Expected Rates of Return on Deals and Expected Length of Time to Hold Deals
Anita Stephens Shares Importance of Using a Network to Get Referred to Potential Funders
Anita Stephens States Good Business Plans Should Outline Understanding of Markets and Strong Management Teams
