Millennium is a unique family of investment funds that seeks to blend the best practices and principles of venture capital with those of large-scale private equity investing. Marrying the innovative, entrepreneurial, and high-growth spirit of Silicon Valley with the investment rigor and discipline of Wall Street, the Millennium funds invest in best-of-breed companies, working closely with strong management teams and partnering with world class investment groups to achieve outstanding results.

Most Millennium portfolio companies are in the technology, internet, media, and communications sectors. However, Millennium's funds will consider a wide range of investment opportunities in diverse sectors and geographies. We invest in private companies as well as public ones, in debt as well as equity, and in minority positions as well as control-oriented transactions. For Millennium, an investment decision is based on attractive investment fundamentals and the appropriate balance of risk and reward, rather than a fixed formula about sector, stage or size.

Founded by Managing Partners Daniel Burstein and Samuel Schwerin, Millennium has become particularly well-known in the private equity community in recent years for its role in providing liquidity on illiquid investments to founders, management teams, and investors.

As a result of completing well over 100 secondary transactions since 2002 - with partners such as Dell, Oppenheimer, Goldman Sachs, Bowman, Alliance, UBS, and Scientific-Atlanta, as well as many founders and executives of venture-backed companies-the firm has helped to create a more liquid market for venture capital assets. Millennium has authored a number of articles and white papers on liquidity solutions and the future of the secondary market.

Millennium Technology Value Partners, L.P., the current flagship fund of the Millennium family, employs a broad array of transaction formats, ranging from primary venture capital and growth equity investments, to secondaries, venture debt, restructurings, corporate spinoffs, PIPEs, and buyouts.

Millennium Technology Ventures, L.P. invests in innovative, early-stage high-growth companies.

Recent successful realization highlights from the Millennium portfolios include the Initial Public Offerings of ArcSight (Nasdaq: ARST) and Airvana (Nasdaq: AIRV), and the sales of Tellme (to Microsoft), World Wide Packets (to Ciena), Aventail (to SonicWALL), Requisite (to Click Commerce), and FirstVirtual (to Radvision).