David W. Bergmann
David Bergmann drowned on Dec. 24 after successfully rescuing his beloved dog, Red, from a semi-frozen pond. Bergmann was 55. He co-founded and was a senior managing director of Advantage Capital Partners, which has raised more than $650 million in institutional capital to invest in traditionally underserved areas like St. Louis, New Orleans and Tampa. Bergmann is survived by wife Peggy, daughter Katherine, son John, brother Stephen and sister Susan Calhoun.
Ronald Clark died of a heart attack on Feb. 9. He was 55. Clark was a co-founder of Lewis & Clark Ventures and former president of the Ohio Polymer Enterprise Development Corp. He is survived by wife Rebecca Martin and four children.
Frederick M. Hoar
Fred Hoar died on Jan. 2 of idiopathic pulmonary fibrosis. He was 77. Hoar was probably as well known for his sense of humor as he was for being an influential PR and marketing executive. Hoar, along with Hans Severiens, was one of 12 Silicon Valley executives who founded the Band of Angels investor group in 1995. The group now numbers more than 100. Hoar is survived by wife Sheila and daughters Cheryl, Deborah, Donna and Jocelyn.
Laurance S. Rockefeller
Laurance Rockefeller lost his battle with pulmonary fibrosis on July 11. He was 94. He was ranked as the 377th richest person in the world by Forbes magazine in 2004, with an estimated net worth of $1.5 billion. His first major investment was in support of Ernie Rickenbacker, a celebrated World War I pilot who was struggling to establish Eastern Airlines as a viable business. A few decades later, he launched Venrock Associates, which went on to invest in such companies as Apple Computer and Intel. The grandson of Standard Oil founder John Rockefeller and brother of former Vice President Nelson Rockefeller, he is survived by brother David, four children, eight grandchildren and 12 great-grandchildren.
Chad Schultz died on April 15. He was 50. Schultz was a managing director and co-head of the private funds group at Credit Suisse First Boston, which he joined following the November 2000 merger with Donaldson, Lufkin & Jenrette. Schultz is survived by wife Noreen, daughters Claire and Elizabeth, parents Sigrid and Gerhard and sisters Dawn Bandolik and Beth Walsh.
Edgerton Scott III
Edgerton “Edgie” Scott died on Feb. 22. He was 60. Scott was a managing director at Lighthouse Capital Partners since June 1999. Prior to that, he founded Imperial Bank’s emerging growth division and BNP Venture Capital, the U.S. venture capital arm of Banque Nationale de Paris. He is survived by wife Sandy and four children.
Johannes C. Severiens
Johannes “Hans” Severiens lost his long battle with lung cancer on Feb. 3. He was 74. A nuclear physicist by training, Severiens worked for many years as a scientist, but he was best known in Silicon Valley for co-founding the Band of Angels investor group, which has invested about $100 million in more than 130 venture deals. He is survived by former wife Elizabeth, brother Jacobus, daughters Annette Himes, Clara Barrett and Liesbeth Parke, and 10 grandchildren.
William Stolze, a New York entrepreneur and venture capitalist, died on Aug. 9. He was 80. Stolze founded RF Communications in 1961 with three friends, and was founder of the Rochester Venture Capital Group. He consulted and wrote often on entrepreneurship, including a book published in 1989 titled Start Up: An Entrepreneur’s Guide to Launching and Managing a Business. Stolze is survived by wife Margaret, three daughters and two sons.
Thaddeus J. Whalen
Thaddeus “Thad” Whalen lost a five-year battle with pancreatic cancer on June 5. He was 42. Whalen was a general partner with Aspen Ventures, which he joined in 1994. He is survived by wife Cathlyn, sons Sean and Thomas, daughters Christine and Madelyn, sister Deborah, brother Michael and parents John and Eleanor.
Brent Wheeler died of cancer on Nov. 17. He was 53. Wheeler was a director with European buyout firm Cinven since 1991. Prior to that he worked with the private equity arm of Security Pacific Hoare Govett and with 3i Group. He received a degree in mathematics from the University of Essex in 1974.