Turquoise Bay Investment Partners
Your Financial Anchor
We seek firms that have developed new products, patents or processes that have significant potential to revolutionize the industries in which they operate. We also seek companies that are uniquely positioned within their business lines for unusually rapid growth. Our current primary areas of interest are described below.
Environmental Sciences
Each year brings increasing attention to the impact of human civilization on the natural environment. Scientists, business leaders, policy experts, and the general public are focused on ways to limit the negative effects of greenhouse emissions resulting from the burning of fossil fuels, and the damaging environmental effects of the disposal in landfills or illegal dumping at sea, of millions of tons of hazardous waste resulting from a wide range of activities by hospital to manufacturing operations. The greenhouse emissions resulting from burning fossil fuels, coal in particular, is another environmental hazard in need of an efficient and affordable clean response.
Turquois Bay seeks emerging firms and small businesses that have demonstrated capacity to address the challenges facing our environment with unique products or process that could substantially increase recycling of toxic and hazardous waste as well as limit or eliminate their production. As the “clean coal” industry demonstrates, however, billions in investment with a promising concept and proven technology does not necessarily translate into workable solutions. As a result, our priority is on firms that have created and tested new technologies, and preferably, have contracts contingent on the ability to provide the desired products or services.
Turquoise Bay IP Areas of Interest
Financial Services
The world of financial services is constantly evolving as changes in demographic characteristics, economic realities, and tax and regulatory requirements and opportunities shift. Entrepreneurs have demonstrated that succeeding in offering innovative financial products and services is not restricted to the nation’s largest banks and other financial institutions. Innovations that combine financial capabilities with technology innovations are an area that has grown exponentially and will continue to accelerate in the years to come.
Further, although the US has arguably the most sophisticated financial system in the world, the Federal Deposit Insurance Corporation (FDIC) reports that almost 35 million US households have no working relationship with a mainstream bank. Finding more innovative ways for unbanked consumers to access a broader range of safe, affordable, and reliable financial services is ripe for advancements. Finally, as the US population continues to age into the 21st Century, new products and services, as well as financial technology tools, will be in demand to assist them to better understand, manage, and access their retirement savings.
Turquoise Bay IP seeks companies addressing these market opportunities with creative solutions. We seek entrepreneurs who have developed products and processes that add value to consumers in the financial services arena and who have demonstrable evidence of prospects of their innovations to capture important market share with the assistance of additional capital.
Cybersecurity
Today, the most critical aspect of a company’s or government agency’s information technology infrastructure is its security. As almost all data collected today by public or private institutions is available on a network platform, protecting those networks from intruders is essential since the liabilities from inadequate network security can be massive if not fatal. Turquoise Bay experts are exceptional in vetting and understanding the potential of the latest cybersecurity software and hardware to enhance current industry products and processes.
The wide range and ever increasing array of cyber threats and multi-vector attacks can penetrate through network, email, or directly at the desktop through other click through methods such as attachments, USB drives, mobile devices, websites, public cloud and user behavior. Crippling cyberattacks can result in lost customers and revenue, and increased public scrutiny as a result of a breach. To avoid critical attacks, companies are faced with selecting from dozens of security vendors to build a solid defense architecture to protect all aspects of their computing environment. Turquoise Bay works with emerging firms that have a proven track record of bringing best-in-class and next-generation cybersecurity technologies and processes in-house and Cloud-edge platforms.
Health Care
The National Healthcare Expenditure (NHE) was reported by Forbes in 2012 to be approximately $3 trillion plus 4 percent growth each year forward. In December 2016, the Centers for Medicare and Medicaid Services (CMS) reported that in 2015 the NHE grew 5.8 percent to $3.2 trillion and accounted for 17.8 percent of the Gross Domestic Product (GDP).
As healthcare costs continue to spiral, health systems must reinvent themselves to provide healthcare delivery innovation to succeed in a consumer-centered, value-based world that is not supported by traditional health care principles. To move from fee-for-service to value-based healthcare, Congress passed and the President signed into law in April 2015, the Medicare Access and CHIP Reauthorization Act (MACRA). This is one of the largest new healthcare bills introduced in decades which changes Medicare reimbursement by incorporating quality measurements and by developing incentives for participation.
Population health and the increasing needs of the aging baby boomer population are creating a demand for health and wellness solutions deployed in new and exciting ways, utilizing telehealth and consumer oriented health platforms. Turquoise Bay particularly seeks firms that are responding to these needs and opportunities with innovative service delivery solutions, technologies, data analytics, and metrics that have the greatest potential to upend current industry business models and create a digital health revolution.
Emerging Technologies
Since the discovery of fire and development of the wheel, technological innovation has been the driving force of the evolution of civilization. The development of the Internet, however, combined with innovative tech tools, has unleashed exponential advancements that are dramatically influencing almost every aspect of human existence. Mobile, virtual, interconnected, instantaneous, connections have made the seemingly impossible yesterday’s news. So promising is the future of technology that the term The Internet of Things (IoT), encompassing 30 billion connected devices, is the most appropriate term to describe its potential.
Nanosensors, 2D materials, autonomous vehicles, organs-on-chips, Perovskite Solar Cells, Optogenetics, and Systems Metabolic Engineering are a few of the most promising emerging technologies that were recently highlighted by the World Economic Forum’s Meta-Council on Emerging Technologies. Turquoise Bay invites applications from firms that have developed innovative and promising technologies. Our priority is on firms that have created and tested new technologies, and preferably, have contracts contingent on the ability to provide the desired products or services.
