Former Steamboat Ventures CFO Hired as Firm Expands to SouthernCalifornia
SAN FRANCISCO--(Business Wire)--
Standish Management, LLC, a boutique provider of outsourced accounting
infrastructure services to venture capital and private equity firms, announced
today that Judy Tyler has joined the firm to lead its new Southern California
office based in Los Angeles.
Tyler is a private equity industry veteran with senior management experience who
was most recently chief financial officer of Steamboat Ventures, the venture arm
of The Walt Disney Co. Prior to Steamboat she served as CFO and vice president
of finance for Amerscan Venture Group. She was formerly a senior auditor for
Grant Thornton and is a Chartered Accountant.
"Judy is well known and universally admired in the L.A. venture community and
she is the perfect choice to establish and grow our presence in Southern
California," said Standish Managing Partner Robert Raynard, CPA. "She has first
hand knowledge and experience in running the finance, accounting and admin
functions for our target clients and is uniquely qualified to communicate our
value proposition to them."
"Private equity and venture firms are focusing on their internal operations to
improve efficiencies and cut costs, which is creating an opportunity that
Standish is well positioned to capitalize on," said David Chrencik, managing
audit partner in PricewaterhouseCoopers` Southern California private equity and
venture practice.
"Fund managers are acutely aware of the difficulty and expense associated with
searching for, training and retaining the talent required to manage the back
office function in-house," said Tyler. "When you can rely on a skilled,
experienced team like we`ve got at Standish, outsourcing is a significantly more
cost effective and efficient alternative."
Standish provides a wide range of services including web-based financial
reporting to investors, partnership accounting, capital call and distribution
management and performance return calculations. Standish currently serves more
than 25 clients with more than $12 billion in capital under management and plans
to expand to other key markets across the U.S. in the near future to meet the
growing demand for its highly specialized services.
About Standish:
Standish Management, LLC is a privately held company that provides outsourced
accounting infrastructure services to venture capital and private equity firms.
Founded in 2006, Standish is based in San Francisco with an office in Los
Angeles. For more information, visit www.standishmanagement.com.
The Blueshirt Group
Jeff Fox, 415-828-8298
jeff@blueshirtgroup.com
Copyright Business Wire 2009
