NEW YORK – (September 11, 2023) – Sunstone Management, Inc., headquartered in Irvine, Calif., is opening an office in New York City.
Sunstone is a diversified private capital management firm focusing on early-stage venture capital, and is partnered with Lair East Labs, a top accelerator in New York City. The office opening will take place on Sept. 14, coinciding with Lair East Labs’ Demo Day for its current cohort of startup companies.
While the Sunstone office is in the same building as the Lair East Labs operation in the middle of Manhattan, it will be a separate entity, according to Lloyd Wei, Sunstone’s vice president of venture capital.
“We’re here to help Lair East Labs, but we’re also here to increase awareness of Sunstone Management,” Wei said. “We want to meet our partners, Founders, potential partners and investors in person. We will be part of the ecosystem here in New York.”
Sunstone now has a business license in New York. Sunstone CEO and managing partner John Keisler said that there will be Sunstone representatives in New York City monthly, as well as during special events.
“We greatly appreciate the partnership we have forged with Lair East Labs over the last two years,” Keisler said. “We are very excited about increasing our presence in New York and the East Coast. With bases in Southern California and in New York City, we are at the epicenters of cutting-edge entrepreneurship. Our presence will be good for New York, and for us.”
Sunstone’s founder, John Shen, will be in New York City for the opening, along with Mike Stone, chief investment officer; Jasmine Jiang, director of the investment department; and Wei. They will be attending the Demo Day as well.
Sunstone Management was ranked 18th in the United States on the list of most active venture capital firms by PitchBook, the investment industry standard, and seventh in early-stage venture capital activity.
Sunstone Management’s office is on the 29th Floor at 900 Third Ave. To make an appointment, call (646) 777-2154.
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More About Sunstone Management
Sunstone Management is a diversified private capital sponsor firm located in Southern California that invests in diverse early-stage technology entrepreneurs who seek to build great companies. We believe in the aspirational power of the American economy to attract and inspire investors and entrepreneurs from throughout the world. We deliver new and exciting opportunities for economic growth through the creation of innovative public-private partnerships, and our unique experience across government, education, and private sectors. Identified by Financial Times as one of America’s Fastest Growing Companies three years in a row. Ranked 18th in the United States on the list of most active venture capital firms by PitchBook.
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