Harris Barton Takes Flight from Capital Dynamics to Focus on Angel Investing


Former professional football player Harris Barton has stepped down as a managing director at Capital Dynamics to start an angel investment firm called Barton Asset Management, according to Private Equity Insider.

We were unable to find a website for Barton Asset Management or contact information for Barton. We’ll update this story if we’re able to track him down.

Barton joined Capital Dynamics, a Swiss fund of funds, after it acquired the private equity and real estate funds of HRJ Capital last year. Barton co-founded HRJ (originally called Champion Ventures) in 1999 with former San Francisco 49ers teammate Ronnie Lott, with former 49ers quarterback Joe Montana joining the following year.

HRJ invested professional athletes’ money in such notable venture funds as Accel Partners, Benchmark Capital, Kleiner Perkins Caufield & Byers, Mayfield Fund, Mohr Davidow Ventures, Redpoint Ventures, Sequoia Capital, Summit Partners and Technology Crossover Ventures.

HRJ ran into trouble in late 2008, defaulting on a $68.9 million loan from Silicon Valley Bank. About three months after the default, Capital Dynamics agreed to take over management of HRJ’s funds-of-funds and reached an agreement with Silicon Valley Bank that included partial repayment of the defaulted loan. (Capital Dynamics did not acquire HRJ Capital itself, and HRJ subsequently wound down its operations.)

Barton–an offensive lineman who played in three Super Bowls for the 49ers–and Lott said in a press release they were excited to join Capital Dynamics, but Lott ended up leaving the firm in November 2009, about seven months after joining.