Robert (Bob) Balk

Co-Founder, Senior Managing Director at Pier 70 Ventures
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Contact Information
us****@****om
(386) 825-5501
Location
US
Languages
  • English Native or bilingual proficiency
  • Italian Elementary proficiency
  • German Elementary proficiency

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Bio

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Experience

    • United States
    • Venture Capital and Private Equity Principals
    • 1 - 100 Employee
    • Co-Founder, Senior Managing Director
      • 2019 - Present

      Responsible for all aspects of raising $150M direct investment Venture Capital Fund. Currently raising for Pier 70's INpact fund, upon first closing we will be investing in early and growth stage companies in health care, medtech with a special interest in areas of adaptive technology and where the future of health overlaps with the future of mobility. Responsible for all aspects of raising $150M direct investment Venture Capital Fund. Currently raising for Pier 70's INpact fund, upon first closing we will be investing in early and growth stage companies in health care, medtech with a special interest in areas of adaptive technology and where the future of health overlaps with the future of mobility.

    • United States
    • Higher Education
    • 700 & Above Employee
    • Business Mentor -The Kevin M. McGovern Family Center for Venture Development in the Life Sciences
      • Oct 2013 - Present

      I joined the McGovern Center as a Mentor to help new life sciences company's develop at Cornell University. I was introduced to Lou Walcer, the Director of the program, at a PreSeed Workshop. I am excited to help these entrepreneurs with exciting new technologies in the Life Science arena. Although I am not an expert in Life Sciences my major contributions will be in basic business strategy and business development as well as assisting in locating capital for growth. I joined the McGovern Center as a Mentor to help new life sciences company's develop at Cornell University. I was introduced to Lou Walcer, the Director of the program, at a PreSeed Workshop. I am excited to help these entrepreneurs with exciting new technologies in the Life Science arena. Although I am not an expert in Life Sciences my major contributions will be in basic business strategy and business development as well as assisting in locating capital for growth.

    • United States
    • Retail
    • Senior Manager, Global Venture Capital Investments–Phantom Works
      • 2003 - 2006

      Collaborated with a diverse cross-functional team to leverage an investment portfolio to deliver world class technology solutions from early stage venture backed start-ups to address internal program, product and service challenges which were unmet through internal R&D efforts at the largest aerospace company in the world. Provided $1B in savings through cost avoidance, operational efficiencies, and manufacturing improvements. • Oversaw all activities of a $250M global venture capital fund-of-funds investment portfolio for Phantom Works, the Advanced Technology Division of Boeing.• Developed a tracking and management system to monitor the performance of over the over 500 portfolio companies held by the 32 funds within the portfolio.• Reported to the VP, Technology, Planning and Acquisition, with direct oversight and reporting to The Boeing Company CEO, CFO, CTO and President of Phantom Works.• Realized $1B in savings from new technologies discovered through venture capital investments.• Increased Capital under management from $150M to $250M• Functioned as the company-wide internal subject matter expert on venture capital investments. Show less

    • Manager, Venture Capital Investments - Phantom Works
      • 2001 - 2003

      • Researched, analyzed, recommended and provided ongoing management for the global venture capital fund-of-funds investment portfolio, providing senior management a clear decision process for investment in new funds.• Identified and implemented numerous investment process improvements designed to increase efficiency, improve output and reporting, and derive better financial and technical results. • Improved the due diligence process to more clearly and accurately align with the strategic focus of the fund. Increased capital under management from $60M to $150M.• Served as the Boeing Company representative on six external Fund Advisory Boards, providing Boeing greater insight and direction on the management of the individual fund investments. Show less

    • United States
    • Aviation and Aerospace Component Manufacturing
    • 1 - 100 Employee
    • Business Analyst, Strategy Management–Space & Communications Group
      • 1998 - 2000

      • Researched and analyzed financial and market information to support group level and business unit strategic business development. • Supported the Business Unit CEO in developing Wall Street analyst reports and presentations.• Worked with multiple departments, business units and business development teams to provide accurate and critical information necessary for operating plans and investor relations briefings.• Business included: Space Station, Space Shuttle, Lasers and Electro Optical Systems, Sea Launch, Delta Rockets, Rocketdyne, Airborne Early Warning Command and Control, Missile Defense and GPS. Show less

    • Business Analyst, Strategic Planning & Analysis - Information, Space & Defense Systems
      • 1997 - 1998

      • Provided senior management with detailed market analysis and assessment for existing programs and new market development.• Supported Division initiative to expand into global commercial broadband communications market with advanced satellite and antenna technologies. Focus on automotive applications and customers.

Education

  • University of Rochester - Simon Business School
    MBA, Finance, Operations, International Business
  • University at Buffalo
    BS, Management

Community

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