In June 2008, Mr. Donohue was appointed Babson College’s first Clean Technology Entrepreneur-in-Residence. He is primarily teaching, and conducting research, within the Olin Graduate School and Arthur Blank Center for Entrepreneurship, yet he will also lecture in the executive education and undergraduate programs. Previously, he was the Founder, Managing Partner and Chairman of Expansion Capital Partners, LLC, a pioneer in Clean Technology venture capital investing, which manages over $100,000,000. Clean Technologies include resource efficiency and productivity improvements in areas such as biomaterials, waste technologies, renewable energy and energy efficiency. Mr. Donohue sold most of his interests in Expansion Capital in June of 2008.
During the last twenty years, Mr. Donohue has built three successful investment management and financial service companies. He has a broad background in venture capital, both on the buy-side and sell-side, plus he has served in senior operational roles for venture-backed enterprises. His career has focused on socially responsible business and investment, Cleantech investing, and social entrepreneurship.
In the past, Mr. Mark Donohue has been a member of numerous boards, including Chairing five entrepreneurial Boards of Directors. Mr. Donohue was the only venture capitalist to be a Founding Investor of the Cleantech Group, LLC, which is the leading conference and knowledge organization in the sector. He has served on the Cleantech Group’s advisory Board since its founding days.
Mark Donohue also serves in a variety of nonprofit roles, including the “Micro-Credit” Grants Committee of the Threshold Foundation. In the past, he was Chair of the Membership Committee for the Social Venture Network (the leading organization of executives furthering global sustainability) and a Trustee of the Temple of Understanding (America’s oldest interfaith educational organization).
Mr. Donohue earned his BS in Investment Management, with honors, from Babson in 1988. He has served on the college’s Board of Overseers since 2002. Mr. Donohue has been a leader in many Babson initiatives, such as establishing the Cruickshank Volunteer Fund in 1993, which he named after his mentor, Bill Cruickshank (B’49). This fund paid the cash expenses for community service projects, prior to the establishment of the Vernon Center. In 1994, he was the founder and Chair of Babson’s first “Forum on Socially Responsible Business,” which brought thirty leading CEO’s and foundation Executive Directors to campus, and was attended by 400 students. In 2006, he founded and funded the Donohue Clean Technology Speaker Series, which pays cash expenses for leading Cleantech authorities to come to campus. In 2007 and 2008, he was the Chairman of Babson’s Entrepreneurial Energy Expo, which recently attracted over 450 attendees.
Mr. Donohue has been active in alumni relations since his student days. He has served on the Babson Annual Fund Executive Committee (1989-1990), the President’s Society Executive Committee (1990-1996) and the Major Donors Committee (1992-1996), among other leadership roles.
- Expériences
- Expansion Capital Partners, LLC
: 09/2001 -
06/2008
Founder
• Operations of Management Company - Invested the initial seed capital, developed the business plan and initial Cleantech / expansion stage investment thesis, sourced lead financial backers, hired an exceptional team of Partners and Principals, managed IR, led firm branding and marketing programs, budgeting, HR, benefits, IT infrastructure, daily team management and professional training, Chaired the Board, and served as tax managing partner. The Management Company met revenue and profit projections, while operating below budget expenses, for seven straight years.
• Fundraising –Raised 70%+ of the $100M+, LP base of leading entrepreneurial families
• Deal Origination & Screening – Generated deals through rolodex of tech executives and intermediaries, proprietary sub-sector maps / white papers, participation at trade shows and a proprietary database of 3,000 private U.S. CleanTech companies. Overall responsibility for managing the $103,000,000 Clean Technology Fund II, LP
• Deal Execution – Overall team leader for sourcing (yet all efforts were a true team initiative), structuring and underwriting eleven CleanTech equity investments, representing $49M in capital deployed. Expansion led nine of the eleven financings. Specialty sectors include: energy efficiency, water & wastewater, sensors & controls, manufacturing and advanced materials.
• Portfolio Management – Held board positions with four of eleven Expansion Capital investments (two BOD Chairs), plus Audit, Compensation and Executive Committees of three companies. Co-led numerous executive searches to expand talent.
• Marketing - Speaker at over 25 leading Cleantech conferences, including the first Cleantech Ventures Conference (2002), where Mr. Donohue led plenary on “Investing in the Water Sector”. Frequently quoted, interviewed and published in leading media.
• Cleantech Venture Network - Sole VC to be a “Founding Investor” of the Cleantech industry’s leading forum and data provider. Serving on Advisory Board since 2002.
- Formation
- Babson College
: 09/1985 -
12/1988
Investment Management
During his time at the nation's number one school for entrepreneurship, Mark Donohue participated in the following activities.
Babson Entrepreneurial Exchange
Weekly investments columnist for Free Press
Student Rep to Trusteess
Ran for Student Government President
Active in Alumni Relations
VP of Society for Advancement of Management Cardinal Key National Honor Society
Beta Gamma Sigma
Omnicron Delta Epsilon
Babson Communications Society
5th in Charm Business Plan Competition
Mark Donohue
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