Managing Principals
Over his career, Mr. Lance has been responsible for hundreds of millions of dollars of investments. At Windjammer alone, he was directly involved in the making of 24 investments representing approximately $300 million of invested capital which over time have produced a weighted average cash-on-cash internal rate of return in excess of 30%. 
Schuyler (“Sky”) Lance
Managing Principal
Sky@SustainVC.com
Mr. Lance began his career in 1983 with the Bank of Boston in its High Technology Division, making equity-oriented loans and direct equity investments in early-staged high tech companies.
In 1989, Mr. Lance joined the investment staff of Pacific Life Insurance Company and made investments in debt and equity on behalf of this large California health and life insurance company, as well as in investment limited partnerships (LBO, Mezzanine and Venture funds), both on a primary and secondary basis.
In 1990, Mr. Lance co-founded Pacific Mezzanine Investors (PMI), the predecessor to the private equity organization today known as Windjammer Capital Investors with over $1 billion under management. Windjammer makes investments in subordinated debt, preferred stocks and common stocks (both on a majority and minority basis) in established, private and public, middle market companies.
Mr. Lance has served on various boards of directors, three times as Chairman, and has advised companies on matters such as management compensation, audit practices, mergers and acquisitions, risk management and financing strategies.
Mr. Lance has been a speaker at conferences such as the annual Private Equity Analyst Conference, the Association of Corporate Growth and Los Angeles Venture Association. Mr. Lance’s topics have ranged from financing trends and fundraising to acquisition strategies. Mr. Lance is also a regular speaker at Investors' Circle's national conferences on investing for a sustainable future.
Tom Balderston
Managing Principal
Tom@SustainVC.com
Mr. Balderston has been helping to build and manage diverse venture capital portfolios for 20 years, as a general partner, limited partner and angel investor in companies and funds. Prior to founding Balderston Capital, Mr. Balderston was President of SGI Capital, the private equity investment unit of Superior Group, a family-owned holding company. Mr. Balderston also worked with TDH Group from 1985-1998 where he was a General Partner of its TDH III, L.P. venture fund and Co-founder of its management company. Mr. Balderston holds an M.B.A. from the UCLA Graduate School of Management with a concentration in Finance and a B.A. from Williams College. He serves on numerous private company Boards and fund advisory committees and is active on a number of community Boards as well. Currently, he serves as a Board Member of Investors Circle, and of the Ben Franklin Technology Center of Southeastern PA as Chair of the Finance Committee, Treasurer and member of the Executive Committee. Mr. Balderston is also a member of the Board of the Shipley School and a member of its Finance Committee.
Mr. Balderston formed Balderston Capital, Radnor, PA, in 2001, to serve as a private equity investment, advisory and strategy firm providing custom advice on a variety of complex strategic and financial matters to investors, funds and companies. While also handling his investments and projects at Balderston Capital, he served from July, 2006 to June 2009 as President and CEO of the Mid-Atlantic Capital Alliance, (now called Greater Philadelphia Alliance for Capital and Technologies), www.macalliance.com, the regional venture community association in the Greater Philadelphia area.