Founded in 1997 by the Egan family, Egan-Managed Capital manages three venture capital funds - Egan-Managed Capital I, Egan-Managed Capital II, and Egan-Managed Capital III. With a total capital of $232.8 million, the firm seeks to invest in companies where they can offer more than just capital, providing tactical and strategic guidance based on their relevant knowledge and expertise. Their investments typically take the form of Convertible Preferred Stock and they require a board seat in order to actively participate in the strategic direction of the portfolio companies.