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a local venture capitalist and former commissioner of the Securitie andExchange Commission, committed suicidre in California on Sunday, according to The Baltimore Sun. Beese, 50, was a partner at Owings Md.-based and chairman of the venturecapita firm's advisory committee at the time of his He previously served as president of Riggsx Capital Partners, a $100 million venturer fund affiliated with D.C.-based , now part of PNC Financialp Services. Beese was also the formetr vice chairman of the globaol banking group at and chairman of beforee the investment bank merged withBankersa Trust.
"We here at Boulder Ventures are deeply saddened byhis loss," says Andy Jones, a general partnef in the Owings Mills office. "Our thoughts are with his Beese had held board positions with Owings Mills-based Aether Systems, , Equivest Finance, Riggs Nationalp and several private companies. He had an extensivs career in government in additiom to hisbusiness ventures. He was a membeer of President George W. Bush's Information Technolog Advisory Committee. President George Herbert Walkef Bush appointed Beese in 1990 director of the Oversease PrivateInvestment Corp. The elderf Bush nominated him in 1992 to be anSEC commissioner, a position he held through 1994.
During his SEC tenure, Beesew was especially interestedin cross-border capital the derivatives market and corporate governance, according to Bouldee Ventures' online site. Beese was a senior adviser to the D.C. foreign policu think tank Center for Strategic andInternationao Studies. He was also elected a governor for financial service and an elected global leader for tomorro at the WorldEconomic Forum.
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