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LOS ANGELES – (BUSINESS WIRE) – Applied Real Intelligence (“ARI”), a venture capital investment firm that provides innovative financing solutions to successful venture-backed companies, announced the arrival of Troy Zander, Partner at Barnes & Thornburg LLP, and Digvijay “Sunny” Singh, President of Tech Coast Angels, on ARI’s Senior Advisory Board.
“Troy and Sunny are experts in the venture capital ecosystem, with extensive experience nationwide and in Southern California. They significantly bolster ARI’s already strong presence in Southern California, including Los Angeles, Orange County and San Diego, given their extensive networks of founders, startups, companies, venture capitalists and venture lenders, ”said Zack Ellison, founder and director of ARI. General partner.
“They’ve successfully evaluated thousands of venture capital deals at every stage, from small rounds of private equity to really big late-stage venture capital debt financings and everything in between. Their knowledge and connectivity will be instrumental in finding transaction opportunities and facilitating ARI’s mission to democratize access to capital for women, people of color and other under-represented groups, ”continued Mr. Ellison. .
Troy Zander is the managing partner of the San Diego office of Barnes & Thornburg LLP, an AmLaw 100 law firm with nearly 700 attorneys in 20 offices across the United States. Troy is a member of the corporate department of the company and sits on the company’s management committee. He focuses his practice on representing lenders and businesses in documenting finance transactions in the fields of technology, life sciences and the middle market, including venture capital debt finance, lending -relay and traditional commercial leveraged debt financing.
Troy has represented agents, lenders, participants and businesses in connection with credit facilities totaling over $ 75 billion. He has also represented companies, secured and unsecured creditors, committees, trustees and buyers of assets in bankruptcy and extrajudicial proceedings and continues to represent lenders in the context of forbearances, corporate restructurings. loans, amendments, modifications and acquisitions and disposals of assets. He restructured over $ 2.5 billion in debt in federal, state and extrajudicial proceedings. Troy is also an author and lecturer on the topics of Secured Transactions and Lending Against Intellectual Property Assets.
Troy is a member of the California Bar Association, the San Diego County Bar Association, and the Federal Bar Association. He has served on the board of directors of several organizations, including Feeding America San Diego (2014-2017; president: 2010-2014), The New Children’s Museum (2012-2013) and the San Diego Regional Economic Development Corporation (2011-2013) ). Troy was Feeding America’s pro bono general counsel from 2006 to 2017. He received his JD from the University of San Diego Law School and his BA from the University of California, San Diego.
“I am honored to join the talented and distinguished Advisory Board of Applied Real Intelligence, and to be a part of the growth and development of ARI’s very first Venture Debt Opportunities fund.
“The subprime debt market continues to grow dramatically in size and importance as more founders seek minimally diluted debt capital to fuel growth. I have been a risk debt lawyer for over 25 years and have worked on thousands of transactions and am currently more enthusiastic. on the outlook for risky debt as an asset class than at any point in my career.
“ARI is uniquely positioned to assist founders and compete for the most sought-after deals given their extensive experience in creative debt structuring, strong industry relationships and ability to execute quickly. I look forward to putting my expertise to work for the success of the team, ”says Zander.
Dr. Digvijay “Sunny” Singh has extensive experience in technology, investment and business operations. He started his career with in-depth engineering projects at Lockheed Martin where he worked on F-16 fighter jets. He got a doctorate. in Electrical / Computer Engineering at UCLA, where he became a member of the founding team of an artificial intelligence-based medical device startup that received institutional funding and was marketed with full approval from the FDA. Sunny then started his own IT and cybersecurity business which died out in 2020.
Sunny began investing in start-ups in 2015 and was invited to join Tech Coast Angels (TCA) in Los Angeles in 2017. He has risen through the ranks at TCA over the years and is currently the youngest president of the company. history of TCA. Sunny was also the founding member and manager of the first TCA Los Angeles investment fund in 2019. Sunny has reviewed over 2,000 venture capital transactions, has a personal investment portfolio of a few dozen startups, and continues to be a very active investor in Southern California. .
“Venture capital has seen an unprecedented amount of capital raised and deployed in recent years. Venture capital debt is highly profitable but remains an underserved and inefficient segment of the venture capital ecosystem, with funding focused on entrepreneurs from only a few narrow segments of society.
ARI’s mission to invest capital in underserved people, industries and regions in an equitable and inclusive manner is exactly what the business needs right now. There is a massive amount of untapped high quality investment opportunities that are overlooked by other investment firms and ARI will help fill this gap in the market, ”Singh said.
About Applied Real Intelligence LLC (“ARI”)
ARI is a Los Angeles-based venture capital debt investment manager focused on providing financing solutions to innovative, high growth, venture capital backed companies in recession resistant industries. and in underserved areas of North America. ARI has the dual mission of: (1) democratizing access to capital for all founders; (2) provide ARI investors with access to “innovation” as an asset class, superior risk-adjusted returns, security of capital and strong portfolio diversification benefits. To learn more, please visit www.arivc.com.
Zack Ellison, Managing General Partner, [email protected], 310-881-3893 (ext. 100)
Source: Applied Real Intelligence