Richard Sun has focused on start-up and high-growth companies, as a private equity investor, adviser, board member and executive. He has played a key role in nine startup companies, has invested $230 million in four early stage companies for institutional private equity investors and personally invested in thirteen others.
He was named Angel Investor of the year in 2006 by New Vantage/Active Angel Investors. He is a member of the Board of Directors of TerraCycle, which was named “Coolest Little Startup in America” and its CEO “Top Entrepreneur Under 30” by Inc. magazine. He has been on the board of numerous other early stage companies.
From 1994 to 2001, he was a Director with Emerging Markets Partnership and led four successful private equity investments aggregating $220 million in startup and high growth companies in Asia and Africa. During 2001, he was a Board member and Executive Vice President of two startups—HydroSki international, a developer of ultra high-speed boats, and Verdant Technologies, a developer of composites resins and infusion media.
Mr. Sun was an investment banker specializing in private finance with Goldman Sachs, The First Boston Corporation (now Credit Suisse), his own firm and UBS from 1976 to 1994. At UBS, he founded and ran a project finance advisory and private equity group. He started his business career with Bankers Trust Company (now part of Deutsche Bank) as an international corporate banker.
Since 1980, he has originated, structured, placed and negotiated over 70 private financial transactions valued at over $4 billion and led over 30 advisory assignments valued at over $7 billion, including private equity, debt, and tax-oriented investments, venture capital, workouts and bankruptcies, mergers, project finance and leasing.
Mr. Sun earned an MBA in finance and international business from New York University (elected to Beta Gamma Sigma) and a B.A. from Princeton University in politics magna cum laude. He was awarded a Chartered Financial Analyst charter in 2006.
He is a volunteer pilot with Angel Flight, Homeland Security Emergency Air Transport System (HSEATS), and Veterans Airlift Command. He is also a volunteer with a US Coast Guard Auxiliary Aviation unit.