Management Team
Golden Seeds Ventures has three Managing Directors, who are also the General Partners. The team employs a collaborative effort and requires unanimous consent before an investment is made. Most importantly a Managing Director will always be involved in each phase of the investment decision making process.
Stephanie Hanbury-Brown, Founder and Managing Director
Stephanie Hanbury-Brown, founded the Golden Seeds angel group and grew it into one of the largest in the country with 100+ investors. She is responsible for Golden Seeds Ventures fund operations and management. She is an active angel investor in early stage high growth companies. Her portfolio of 13 investments encompasses companies in software, hardware, health care, consumer goods and media. Prior experience: 20 years in financial services in Sydney, London and New York. The majority of her career was with J.P. Morgan where she headed several global businesses including positions as Global Head of Futures and Options, Head of International Private Banking, COO of Global Equities and Head of eCommerce and managed budgets up to $500m. Stephanie was a member of New York Angels 2004 - 2007, is an LP investor with Boldcap Ventures, and currently retains board positions with Foster Wheeler Limited, Riskmetrics, Artemis Woman, and Count Me In. She obtained her BA from the University of Sydney.
Peggy Wallace, Founder and Managing Director
Peggy Wallace, Managing Director, is the Portfolio Manager for Golden Seeds angel group. Peggy's 20 + year career prior to becoming an investor was in financial services. The majority of her career was with J.P. Morgan/Chase where she specialized in structured finance, risk management, and financial services M&A. Peggy retains a board position with private company Chromis Fiberoptics. She holds a B. A. from The George Washington University.
Michael Elgarten, Founder and Managing Director
Michael Elgarten is a member of the Golden Seeds angel group and an active angel investor who began investing in private and public microcap (market caps under $20 million) companies in 1997. Although his investment process was informal, his 7 exits achieved an average IRR of greater than 40% across his five successful and two unsuccessful investments. He currently holds 3 private positions, all of which are achieving sales or EBITDA growth despite difficult economic conditions. During his more than 20 years on Wall Street, Mike grew niche businesses within large corporations. He ran program trading sales at Merrill Lynch, helped build out both UBS’ equity derivative sales, and Morgan Stanley’s corporate equity derivative sales efforts. As a managing director at Banc of America Securities, he spearheaded its corporate equity derivatives unit and also created and ran the firm’s client solutions group which advised on all aspects of corporate capital structure. Mike is a graduate of Lafayette College and received his MBA from NYU’s Stern School of Business.