Mac Hofeditz
Senior Advisor at LongWater Opportunities
Mac Hofeditz
Senior Advisor at LongWater Opportunities
Boise, Idaho
Overview
Work Experience
Managing Director
2021 - Current
Vector Capital is a leading investor in middle-market technology businesses globally.
Managing Member
2012
Personal investor in funds and companies. Fund investments: Vector Capital; InTandem Capital; TRM Equity (fka Speyside Equity); Cendana Capital; Moonfire Ventures; Megalith Ventures; Pike Street Capital; TELEO Capital; Turn/River Capital; Architect Equity Holdings; Silverton Partners; Carrick Capital; Collaborative Fund; Storm Ventures; Revolution Ventures; BlackEagle Partners; Granite Ventures and Shasta Ventures. Direct investments: Elyria Foundry; Rand McNally Corporation; Soluna Computing, Inc. (ACQ by MKTY:NASDAQ now SLNH:NASDAQ); Plum Lending, Inc.; PeerNova; Crave Delivery!; Harmattan Energy, Ltd; Cendana Capital; Harvest Savings & Wealth Technologies (ACQ ENV:NYSE); Rubica (shutdown); Anaplan (IPO PLAN:NYSE); and Pacific Premier Trust (f/k/a PENSCO Trust ACQ by OPUS:NASDAQ -> ACQ by PPBI:NASDAQ); District Restaurant Group.
Senior Advisor
2024
LongWater is a leading North American Lower Middle Market Alternative Asset Management Firm
Venture Partner
2021 - 2024
Cendana Capital is a leading investor in very early stage venture capital funds globally.
Senior Advisor
2022 - 2023
TRM Equity is a leading investor in lower-middle-market industrial businesses throughout North America.
Managing Director
2014 - 2021
Founded the Private Funds Group ("PFG") for a global investment bank with 25 offices worldwide focused on private M&A and Capital Markets. During leadership, built a team of six professionals in two offices which closed $6.5B+ of capital commitments for 30 funds, including 14 first time funds. (Firm acquired by Houlihan Lokey October 2021) Representative projects: InTandem Capital (2 funds); Radian Capital Partners (2 funds); Vector Capital; Lerer Hippeau (7 funds); Silverton Partners (3 funds); Revolution (2 funds); Altimeter Capital; Asia Partners; Pike Street Capital; TELEO Capital; Architect Equity Holdings; Carrick Capital; Five Elms Capital; TRM Equity (fka Speyside Equity) and Storm Ventures.
Partner
2001 - 2012
Founding team member of a Private Funds focused investment bank advising investors on primary and secondary private equity investments. Helped close $35B+ of capital commitments for 58 funds, including 20 first time funds, while helping build business to 55+ employees in 4 global offices. Representative projects: KPS Capital Partners (2 funds); Marlin Equity Partners (2 funds); Atomico (2 funds); WestView Capital; Revolution; Arclight Capital; RLH Equity; Longitude Capital; BV Capital; Littlejohn & Co.; Ridge Ventures; BlackEagle Partners; Granite Ventures; Shasta Ventures; CIVC Partners and IVP.
Director of Global Investments
2000 - 2001
Early team member of a fintech software startup focused on building the "Charles Schwab" of Asia that had secured $130M+ of venture capital – the largest Series A financing at the time. Helped launch new business initiatives in South Korea and Japan. Dot com crash impaired the business and closed access to capital. 🤯
Vice President & Principal
1998 - 2000
Early team member of a newly formed institutional investment consulting firm. Advised large and sophisticated institutional investors on asset allocation, risk management, manager selection, performance measurement and performance skill attribution. Specialized in private equity, hedge funds and public growth manager evaluation and selection. Fka Strategic Investment Solutions, Inc. ("SIS").
Vice President
1994 - 1998
Member of the marketing team for a long/short hedge fund with an early focus on technology and emerging growth stocks. Helped increase AUM to $5.5B+, making it one of the largest hedge funds in SF and industry at the time.
Education
Bachelor of Arts (BA)
1987 - 1991