Representative Investments

Black Dog Ventures

Black Dog Ventures was founded in 1999 by Bill Newlin (son), who is also the majority owner. Along with affiliates, Black Dog owns 27 food and beverage locations in eight major American airports.


C2Sense uses nanotechnology to develop miniaturized mobile sensing solutions for a healthier and safer world. Rapid medical diagnostics, product authentication, environmental monitoring and building/worker safety are just some of the key areas that C2Sense serves. 

Carmell Therapeutics

Carmell Therapeutics is addressing the burden of bone and tissue healing with its proprietary Plasma-based Bioactive Materials (PBM) technology, designed to improve patient outcomes and reduce health care costs. 

HCBF Holding Company Inc,

HCBF Holding Company Inc. owns a federally chartered bank which enables it to bid on distressed banks and assets through the FDIC.  This company was sold in 2017.

Intermodal Terminal

Intermodal terminal on Ohio River supporting fracking and cracker plants.


Intervala is a full-service manufacturer of high-reliability, precision electronic and electromechanical products for companies in industrial, medical, transportation, and other technology-driven markets.

Liquid X Printed Metals, Inc.

Liquid X Printed Metals, Inc., a Carnegie Mellon University spin-out, is an advanced material manufacturer of functional metallic inks that takes an application from prototype to production.


MediBeacon is an optical diagnostic company focused on providing clinicians with critical information to improve patient care. The Optical Renal Function Monitor focuses on real-time, easy to use and cost-effective monitoring of kidney function.

Neuro Kinetics

Neuro Kinetics supplies comprehensive neuro-functional diagnostic and assessment tools to neurologists, audiologists, scientists, researchers, ENT's, neurotologists and neuroscience-ophthalmologists around the globe. This company was sold to Neurolign in 2019. 

PEM Holding Co.

PEM Holding Co. is the holding company of Penn Engineering. Penn Engineering is a leading global manufacturer of specialty fasteners, serving the automotive, network infrastructure, electronics, and general industrial end markets.


Pepperweed created a wide range of custom, on-demand and packaged services for HP's software tracks, which they leveraged by forging relationships with other HP partners for delivery. Pepperweed was acquired by Avnet, Inc. in 2012. This company was sold in July 2012.


Plano has been a supplier to outdoor enthusiasts of equipment protection and storage solutions such as fishing tackle boxes and gun cases for over 60 years. The company was sold in 2012.


Safaba is a machine translation company. The company uses software to translate vast amounts of text from one natural language into another, enabling more effective global corporate communications. The company was sold in 2015.

Sharp Edge Labs

Sharp Edge Labs, a Carnegie Mellon University spin-out, is a life sciences firm that develops small-molecule drugs to tackle genetic diseases.

Simcoach Games

Simcoach Games is the leader in next generation workforce training, revolutionizing the way learning and practice is delivered in organizations through "game-based" learning software.  This company was sold in 2020.


SpIntellx, a University of Pittsburgh spin-out, is a computational and systems pathology company developing novel explainable artificial intelligence tools based on spacial analytics.

Xibus Systems

Xibus, an MIT spin-out, is a food and beverage safety company that is developing a microbiological testing solution applicable to pathogens, allergens and spoilage organisms.

Yankees Entertainment and Sports Network (YES)

Yankees Entertainment and Sports Network (YES) is a New York City-based, regional cable television channel that broadcasts a variety of sports events, with an emphasis on the New York Yankees and Brooklyn Nets. The company was sold in December 2012.