The Ascent Group of Companies
The Ascent Group comprises companies that provide public capital market and private equity market products and services to institutions and high net worth individuals.
Ascent Medical Technology Fund, LP is the first of the funds dedicated to funding innovative medical device and life science companies launched by Ascent. The Fund had its first close in October of 2000. The Fund is fully invested in twelve companies having breakthrough technologies, of which two have been harvested and the remainder are engaged in exciting developments. This Limited Partnership is registered in Delaware.
Ascent Medical Technology Fund II, LP is the second of the funds dedicated to medical technology innovations launched by Ascent. Fund II has as its objective the development of a world-competitive medical technology industry in the Middle East along with bringing to the world’s markets a number of blockbuster technologies that address serious global health issues. This Limited Partnership is registered in Delaware.
Ascent Medical Technology Fund III, LP will be launched in September 2009.
Ascent Capital Management Inc. is an investment advisory firm that is registered with the United States Securities and Exchange Commission. It is incorporated in New York State. The firm´s principal activity is the management of portfolios of publicly traded US stocks and bonds for both institutions and individuals. The firm´s track record is exceptional, having behind it special expertise in the selection and management of initial public offerings. There is a special focus on the health care and information technology sectors.
The Ascent Medical Technology Middle East Fund Company, BSC, is registered in Bahrain and is a feeder fund company that is a limited partner of Fund II. It is reserved for non-US investors.
Ascent Capital Advisors, LLC is a Delaware limited liability company that advises corporations on strategies for capital raising and assists with private placements of securities.
Ascent Securities Inc. is non-operational currently, but is planned to be an SEC registered broker/dealer that will also be a member of the NASD.
Ascent Private Equity, LLC is the General Partner of the Ascent Medical Technology Fund, LP. Its managing members are Peggy Farley and Karl Groth. The company is registered in Delaware.
Ascent Private Equity II, LLC is the General Partner of the Ascent Medical Technology Fund II, LP. Its managing members are Peggy Farley and Karl Groth. The company is registered in Delaware.
Ascent Medical Corporation Inc. (www.ascentoem.com) is the US subsidiary of Salalah Medical Device Manufacturing Company, SAOC, a guide wire manufacturer domiciled in Oman as a joint venture with Salalah Medical Supply Manufacturing Company.
Ascent Medical Product Development Centre Inc. (www.ascentmed.com) is the US affiliate of the Philadelphia BioMed Product Development Centre that is domiciled in Jordan.