NEW YORK, Feb. 27, 2019 /PRNewswire/ -- Stony Lonesome Group, a boutique venture capital firm and early pioneer in the Military Veteran entrepreneurship space, announced today the addition of the Honorable Patrick J Murphy as a General Partner of Stony Lonesome Capital II and Stony Lonesome Capital III venture capital funds.
Mr. Murphy is an Army Veteran, serving with distinction as a paratrooper in Iraq as a member of the 82nd Airborne Division. Captain Murphy was also a professor of Constitutional Law at the U.S. Military Academy at West Point. Following his time in service, Patrick was the first Iraq War Veteran elected to Congress representing the 1st district of Pennsylvania for four years. In 2016, the Honorable Mr. Murphy became Undersecretary of the Army and later the Acting Secretary of the Army. In addition to his service to our country, Patrick is an experienced tech and media entrepreneur.
As a general partner, Mr. Murphy will focus on the development of relationships with investors who value SLG's impact investing. An experienced mentor and entrepreneur, Patrick will also add insight and expertise to further advance SLG's "mentor capital" value proposition as an advisor and board member for portfolio companies.
"We are pleased to have such an experienced and well-respected leader of character join our team," stated Sean Drake, Founder and Managing Partner of Stony Lonesome Group. "Patrick's track record of service to our nation as a solider and statesman is exemplary. His commitment to Vetrepreneurship and to mentoring the next generation of Veteran-led startups is a perfect fit for Stony Lonesome Group's mission focused investment thesis."
Sharing Mr. Drake's enthusiasm, Mr. Murphy commented on his joining Stony Lonesome Group, "I am passionate about our generation of Iraq and Afghanistan Veterans building their startups into global iconic brands like Nike, Comcast, Wal-Mart, and FedEx like Veterans of past generations. Access to capital and mentorship are critical to their success."
About Stony Lonesome Group
Stony Lonesome Group is a boutique merchant bank that focuses on early stage seed capital investing encompassing Stony Lonesome Advisors and the Stony Lonesome Capital funds. Founded in 2011, Stony Lonesome Group is a pioneer in the Vetrepreneurship ecosystem with a strong commitment to investing in Veteran founded and Service Disabled Veteran led companies. Stony Lonesome Group is currently investing out of Stony Lonesome Capital II LP- Military Medicine, Healthcare and Veteran Care and Stony Lonesome Capital III LP- Cybersecurity and Big Data. For more information, visit www.StonyLonesomeGroupLLC.com