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FOR IMMEDIATE RELEASE – September 9, 2014
CONTACT: Mark Horne, Managing Partner
555 Briarwood Circle, Suite 210
Ann Arbor, Michigan 48108
(734) 747-9401 phone/ (734) 929-1811 fax
www.plymouthvc.com

Plymouth Ventures Expands Advisory Committee for PVP III

Plymouth Ventures wrapped up the successful final close for their new fund PVP III in June and is pleased to announce two additional appointments to the fund’s Advisory Committee:

Jody Vanderwel
Since 2005, Jody has been President of the Grand Angels, the leading and most experienced angel investing group in Michigan. Jody oversees Grand Angels’ deal sourcing, investing, and portfolio management, and represents the group at networking and educational events across Michigan. Jody worked several years in private practice before joining Herman Miller as Corporate Counsel and then Vice President for Corporate Giving. Jody is currently a member of the Michigan Venture Capital Association Board, the Michigan Accelerator Fund I Advisory Board, the Baker Publishing Group Board, and the Fuller Theological Seminary Board. She also chairs the Board of Priority Health. In February Governor Snyder appointed her to a four year term on the Michigan Strategic Fund. Jody holds a B.A. degree from the University of Colorado and a J.D. degree from Washington University in St. Louis. Jody comes from a strong entrepreneurial family and has been an effective leader with growing recognition nationally in angel circles. She lives and works in Holland, Michigan.

Steve Jandernoa
Steve is a Vice-President at 42 North Partners LLC in Grand Rapids, MI. 42 North Partners is a single family office focused on alternative asset investing as well as entrepreneurial and community initiatives in Michigan. Steve is primarily responsible for direct investing activities including sourcing, executing, and oversight of an existing portfolio of operating companies. Steve currently serves on the Advisory Committee for Owners Resource Group, a private equity fund based in Austin, Texas, and is an active board observer at Advantage Business Media and Salamander Technologies. Steve’s prior experience includes seven years in public accounting with the most recent responsibilities as a Manager of Assurance Services with Ernst & Young. Steve is a licensed CPA in the state of Michigan, received an MBA from the Ross School of Business at the University of Michigan and a BS in Accounting and Marketing from Marquette University.

Managing Partner, Mark Horne, commented; “We are pleased to add Jody and Steve to our Advisory Committee. They have been great supporters of our regional, growth-stage investment strategy and I look forward to working with both of them as we continue to deploy the new fund. We have a great Advisory team and each member brings a real depth of experience and a unique perspective to the Committee.”

About the PVP III Advisory Committee
The Advisory Committee is made up of selected Limited Partners of PVP III and meets on a monthly basis. The purpose of the committee is to provide advice and counsel as requested by the General Partner in connection with the Partnership’s investments as well as other matters pertaining to the Partnership. Existing Advisory Committee members include Mike Monahan (Chairman), Gerry Boylan, William Foster, Chris Rizik (Renaissance Venture Fund) and Mike Kell (Venture Michigan Fund II).

About Plymouth Ventures
Plymouth Ventures is the manager for Plymouth Venture Partners I, Plymouth Venture Partners II, and Plymouth Venture Partners III. The company has four partners, Mark Horne, Jeff Barry, Kevin Terrasi, and Evan Ufer. Plymouth was founded by Ian Bund who remains active as a Senior Advisor. The firm is headquartered in Ann Arbor, Michigan. For more information, please visit www.plymouthvc.com.