Background
III, Paul Bancroft was born on February 27, 1930 in New York City. Son of Paul and Rita (Manning) B.
III, Paul Bancroft was born on February 27, 1930 in New York City. Son of Paul and Rita (Manning) B.
Bachelor, Yale University, 1951;postgraduate, Georgetown Foreign Svc. Institute, 1952.
Account executive, Merrill Lynch Pierce Fenner & Smith, New York City, 1956-1957;associate corporation finance department, F. Eberstadt & Company. New York City, 1957-1962;partner, Draper, Gaither & Anderson, Palo Alto, California, 1962-1967;with, Bessemer Securities Corporation, Palo Alto, California, 1967-1992;independent venture capitalist, New York City, since 1988. Vice president Venture Capital Investments, 1967-1974, senior vice president securities investments, 1974-1976, president, Chief Executive Officer, director, 1976-1987.
Consultant Bessemer Securities Corporation, 1988-1992. Board directors Unova, Inc., Scudder Securities Trust, Scudder Value Equity Trust, Scudder International Fund, Scudder Global/International Fund, Scudder New Asia Fund, Scudder New Europe Fund, Inc. Founder, past president and chairman National Venture Capital Association.
First lieutenant United States Air Force 1952-1956, Member Yale Club, Pacific Union Club, Bohemian Club.
Married Monica M. Devine, January 2, 1977. Children by previous marriage: Bradford, Kimberly, Stephen, Gregory.