Tim Barnes
Investment Banker I USAF Veteran I Debt Capital placement I Private Market Secondaries I tbarnes@axisgroupventures.com
Newport Beach, California
Invests in
Skills
Education
- US
- UM
- EA
Work Experience
2018
Founder, Managing Director
2018
AXIS Group Ventures is a boutique investment bank focused on providing global debt capital markets placement, and restructuring services for VC-backed and PE-backed mid to late-stage companies. Additionally, Axis will focus on private market secondaries. Firm leadership provides companies, investors, and board members strategic consulting services to help solve complex business, financial, and capital needs. tbarnes@axisgroupventures.com www.axisgroupventures.com
Investment Banker
2021
Rainmaker Securities, LLC (“Rainmaker”) is a mid-market investment banking platform and FINRA registered broker-dealer. Rainmaker specializes in providing a liquid marketplace for its clients to transact in the securities of select late stage private (non-listed) VC backed companies. Rainmaker connects sellers and buyers of shares of private companies so that they can achieve their liquidity and investment goals. Rainmaker is well-versed in a variety of transaction structures designed to create liquidity, including: special purpose vehicles, hypothecation, and direct transfer of securities. The firm also facilitates offerings for issuers of venture capital and investment fund securities by acting as a registered finder or placement agent. Rainmaker Securities, LLC (“RMS”) is a FINRA registered broker-dealer and SIPC member. Find this broker-dealer and its agents on BrokerCheck.
2015 - 2018
Managing Director
2015 - 2018
Reported directly to the Chief Investment Officer. Core responsibilities were to source new debt investments, deliver written and oral analysis of investment opportunities, negotiate and structure investments, lead due diligence, underwriting, and financial model analysis, monitor and risk rate credit portfolio, and oversee deal team VPs and Analysts. Transaction types included senior secured venture term loans, cash flow term loans, mezzanine term loans, asset-based facilities, dividend recap, and sponsor buy-out recurring revenue financings. Established and maintained relationships with numerous Venture Capital and Private Equity investors, C-level company executives, and also key deal intermediaries such as investment bankers, lawyers, and accountants. Hercules Capital, Inc. (NYSE: HTGC) ("Hercules") is the leading and largest specialty finance company focused on providing term loans and equity to high-growth, innovative VC and PE-backed companies in a broad variety of technology, life sciences and sustainable and renewable technology industries. Since inception (December 2003), Hercules has committed more than $7 billion to over 380 companies and is the lender of choice for entrepreneurs and VC firms seeking growth capital financing.
2006 - 2015
Vice President
2006 - 2015
SVB Financial Group brand builder with high growth technology companies. Structured, underwrote, documented, and managed complex credits. Direct lending covered venture debt term loans, A/R (ABL) lines of credit, SaaS recurring revenue lines of credit, cash flow terms, and mezzanine term loans. Core responsibilities included originating commercial, venture debt, and asset-based loans, as well as selling treasury management solutions primarily for broad technology companies. Managed client relationships. Led engagements with client and prospect C-level officers, as well as VC and PE investors. Silicon Valley Bank (Nasdaq: SIVB) clients include 50%+ of all venture capital-backed technology and life science companies in the U.S., as well as 600+ venture capital firms.
2000 - 2006
Captain, U.S. Air Force
2003 - 2006
Logistics Procurement Officer in the Global Positioning Systems Wing, which is the DoD acquisition office for developing and producing GPS satellites, ground systems, and military user equipment. Key responsibilities were to identify, develop, and acquire infrastructure elements necessary for the initial fielding, operational support and sustainment of multi-national GPS ground and user-based operational systems. Led a multi-functional 10-person team that directed maintenance planning, technical data verifications, operational training development, and equipment fielding for acquired Air Force, Navy, and Army GPS receiver equipment.
Air Force Lt., Aircraft Maintenance Operations
2000 - 2003
Directed aircraft maintenance actions for A-10, EC-130, and HH-60 combat flying operations. Led over 100 maintenance personnel supporting the launch, recovery, and sustainment of aircraft. Responsible for assessing unit operational capabilities and advising senior leadership daily on aircraft mission readiness. Organized activation of HH-60 combat search and rescue unit from ground up over an 8-month period.