Richard G. Grey has
been a general partner of HMS Hawaii Management, the General Partner
of the leading venture capital funds in Hawaii, since 1994. He was a
founder of Vidar Corporation, a Silicon Valley manufacturer of telecommunications
systems, which was acquired by Continental Telephone Corporation. Following
the acquisition, Grey continued to work as president at Vidar until he
resigned in 1974 to form Transwitch Associates, a telecommunications
consulting firm performing assignments for such clients as Plessey, Philips,
LM Ericsson, IBM and GTE.
His venture capital experience includes Island Investors, a California
limited partnership, which invested in Intelect, Inc., (Hawaii) and other
direct investments including Digital Microwave Corporation. Grey was
also a founding Special Limited Partner of Vanguard Associates, a Palo
Alto venture capital firm.
He is currently a director of Pacific Island Resources, Kona Bay Marine
Resources, Firetide and MedDev Corporation. He is a life member of IEEE
and holds BS and MBA degrees from UCLA and a JD from the University of
K. Richardson has been a
general partner of HMS Hawaii Management, the General
Partner of the leading venture capital funds in Hawaii,
since 1994. He is a graduate of UC Santa Barbara and
Duke University School of Law, and a former national
caliber volleyball player. Prior to founding HMS Hawaii
Management, Richardson was a Hawaii attorney specializing
in commercial law and finance. He also worked nine years
in various sales and marketing capacities for Wang Laboratories.
He is currently the chairman of the board for Pacific
DirectConnect, a WiFi integration company; Kona Bay Marine
Resources, a marine biotech company; and Hawaii Biotech,
a bio-therapeutic company. He was formerly on the boards
of Wireless (now interWAVE Communications International)
and HealthScape (now VirtualSeller.com), and a board
visitor to Digital Island (now Cable & Wireless).
He is an active investor/mentor in Hoku Scientific, a
fuel cell company; Firetide, a WiFi equipment builder;
and Hoana Medical, a medical device company.
Richardson was the founding co-chair of University Connections, and a
founder and current President of HiBEAM. His community connections include
six years as a trustee of the University of Hawaii Foundation, five years
on the Board of the National Kidney Foundation and current board member
of the Pacific Asian Center for Entrepreneurship and E-Business and the
Entrepreneurs Foundation of Hawaii.
John Dean was the former
chief executive officer of Silicon Valley Bancshares
and Silicon Valley Bank and is now managing director
of Tuputele Ventures Fund and resides in California
From April 1993 to April 2001, Dean was chief executive officer of Silicon
Valley Bank. Prior to this position, he had been CEO of four other institutions.
During his eight years at Silicon Valley Bank, assets grew from $935
million to $5.5 billion; employees from 235 to more than 1,000; and,
market capitalization from $63 million to a peak of over $3 billion.
In 1997, he was recognized by Business Week as one of Silicon Valley’s
top 25 “movers and shakers.” In 2000 Silicon Valley Bancshares
was ranked first among the second-hundred largest banking companies in
the United States by U.S. Banker, based on return on equity and growth
in per-share net income for the five years ended December 31, 1999. And,
in 2001, he was recognized by Forbes as one of the “50 most powerful
A graduate of Holy Cross College, a former Peace Corps volunteer and
a graduate of the Wharton School with an MBA in finance, Dean spent 25
years as an executive in the financial services industry and the last
eight years in banking technology start-up companies.
Prior to Silicon Valley Bank, Dean was chief executive officer of: Pacific
First Bank (1991-1993); First Interstate Bank of Washington (1989-1991);
First Interstate Bank of Oklahoma (1986-1989); and, First Interstate
System, Inc. (1981-1986). He is an advisor or director to several US
and foreign venture capital firms and technology companies, both in the
United States and oversees.
Ron Higgins has spent his career as an
entrepreneur actively involved in major industry transitions in the
areas of networking and communications, desktop publishing, desktop
presentations and multimedia. He has developed four technology companies
from early stage through successful public offerings.
Higgins has extensive global experience in strategic business development
and planning, including defining architectures, identifying worldwide
market opportunities and targeting market leverage points. He has also
successfully raised hundreds of millions of dollars through private equity
and public markets.
Most notable, he was founder, CEO and chairman of Digital Island, a worldwide
IP based network that is focused on helping multinational corporations
deploy mission critical applications and distribute Internet content
He is currently CEO of RSHF, LLC, a private investment management firm,
and serves on several company boards of directors as well as non-profit
boards for the USS Missouri and the Honolulu Academy of Art.
In addition to local high net worth individuals,
financial institutions, trusts and institutional investors, HMS Hawaii
Management’s investment partners include:
Crossroads Venture Capital
Draper Fisher Jurvetson
Higgins Community Property Trust
International Venture Fund
Technology Development Fund (Singapore)