Board of Directors

Board of Directors

NCIC Capital Fund operates under the guidance of an experienced Board of Directors committed to sound governance, fiduciary responsibility, and long-term value creation. Our Board brings diverse expertise in finance, technology, entrepreneurship, and business development.

Governance Structure

Effective governance is fundamental to our success as a venture capital firm. Our Board provides strategic oversight of investment activities, portfolio management, and operational policies. According to the Securities and Exchange Commission's investment guidelines, proper governance structures protect both investors and portfolio companies.

Board Responsibilities

  • Investment Policy Oversight - Establishing and monitoring adherence to investment criteria, sector focus, and geographic parameters
  • Portfolio Strategy - Reviewing portfolio composition, diversification, and risk management
  • Financial Management - Approving budgets, monitoring fund performance, and ensuring proper financial controls
  • Stakeholder Relations - Maintaining communication with limited partners and other stakeholders
  • Succession Planning - Ensuring continuity of investment team and organizational leadership

Investment Committee Authority

The Board delegates day-to-day investment decisions to the Investment Committee while retaining oversight responsibility. This structure allows for efficient decision-making while maintaining proper checks and balances.

Fiduciary Standards

Our Board members adhere to the highest fiduciary standards in managing investor capital. This includes:

  • Avoiding conflicts of interest and maintaining independence
  • Conducting thorough due diligence on all investment opportunities
  • Ensuring fair valuation of portfolio holdings
  • Maintaining confidentiality of proprietary information
  • Acting in the best interests of fund investors at all times

Industry Expertise

Board members have held senior positions at technology companies, financial institutions, and professional services firms. This breadth of experience enables informed discussion of strategic issues facing portfolio companies and the broader venture capital industry.

Collectively, our Board has overseen investments in numerous sectors including software, advanced manufacturing, healthcare technology, and clean energy. This sector diversity ensures we can evaluate opportunities across the technology landscape.

Regional Leadership

Several Board members serve in leadership positions with regional economic development organizations, university technology transfer offices, and entrepreneurship support programs. These connections strengthen our deal flow and ability to support portfolio companies.

As noted by the U.S. Economic Development Administration, regional venture capital plays a crucial role in fostering innovation ecosystems and economic growth.

Commitment to Excellence

Our Board meets quarterly to review fund performance, discuss portfolio developments, and address strategic initiatives. Special meetings are convened as needed to address time-sensitive matters or major investment decisions.

Through disciplined governance and experienced oversight, our Board ensures NCIC Capital Fund maintains its reputation for integrity, professionalism, and value creation.

Investment Team About NCIC