Riyadh Roundtable, May 17, Riding the Wave; Capitalising on Opportunities in the Semiconductor Space

When

May 17, 2024

1:00 pm - 2:30 pm

Where

Ruya
1224 Prince Muhammad lbn Abd Al Aziz, Riyadh

Please join us for a roundtable discussion on the opportunities in the Semiconductor space.

We will co-host this lunch with The Raptor Group, Jim Pallotta’s Family Office.

The event will take place on May 17, 1pm start at Ruya, 1224 Prince Muhammad lbn Abd Al Aziz.

Raptor is backing a team in early-stage semiconductor opportunities as they believe there is a gap in the market for funding Series A-type innovation in this space, at a time it is desperately needed.

Socratic Partners is a unique fund opportunity focused on Series A – Series C semiconductor investments, an area which there is no true dedicated funds, but is full of opportunity due to massive global non-dilutive gov funding, lack of competition, and strong need for novel technology. Socratic is led by industry best operators and investors that have generated over $75 billion in value over their storied careers in the semiconductor industry. The fund is anchored by three of the world’s largest and most influential semiconductor companies with a combined market cap of over $250 billion: Analog Devices, Arm Holdings, and Global Foundries. It is important to note that this is the first time that these companies have backed an investment fund, which speaks to the calibre of the team, investment strategy, and timing of their launch.

The investment team is spearheaded by Rick Clemmer, former CEO of NXP Semiconductors who built NXP from a failing private business to over $55 billion in market cap. Also joining the team with operating/startup experience is Greg Waters, former CEO of Integrated Device Technologies which he sold for $7 billion, and founder of MatrixSpace, a private stage AI sensor business. Rob Broggi, former global TMT head at Tudor/Raptor and 30-year semiconductor investor has also joined the team. The investment partners have over 100 years of combined experience in the semiconductor industry. Beyond the immediate investment partners, the fund has attached over 15 CEOs, CTOs, Executive Chairmans, and SVPs that cover every relevant end market within the semiconductor industry, there is no fund with this level of expertise focused on semiconductors.

Rick Clemmer, Rob Broggi, and Greg Waters will all join us for lunch so that we can have a deep-dive on the semiconductor space.

Raptor Group

At The Raptor Group, we source and invest in companies across various stages and asset classes, ranging from early stage to both private and public equity to funds. Backed by the Family Office of Jim Pallotta, The Raptor Group focuses on various industries including, but not limited to, technology, fintech, sports, consumer, media, entertainment, and healthcare. We look for investment opportunities where we can add more than just financial value by leveraging our operating and strategic expertise as well as our extensive global network to support and drive growth and results for companies we partner with. We seek highly driven and talented entrepreneurs, innovators, operators, corporate executives, and other professional investors who seek experienced partners that share a mission to create long-term outsized investment returns.

Jim Pallotta

Jim Pallotta is the managing partner and founder of The Raptor Group. Prior to founding The Raptor Group, Jim managed a $10 billion equities portfolio as the Vice Chairman of Tudor Investment Corporation. Between 2012 and 2020, Pallotta served as the President and Chairman of Italian football club AS Roma and was Co-Owner and Executive Board Member of the Boston Celtics between 2002 and 2020. Throughout his career, Jim has actively invested in and across seed/early stages, growth stages, and late-stage companies within the technology, consumer, financial services, healthcare and sports and media verticals. Jim is currently a member of the Board of Trustees for Northeastern University, the Santa Fe Institute, New Profit, Inc., and the Buoniconti Fund. He also serves on the Advisory Council for Tulco, LLC and the MIT Media Lab, as well as the External Advisory Committee for the Center for Brains, Minds and Machines at MI.

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