Fund Managers » Russell E. Planitzer, Managing Principal



Mr. Planitzer is an LTP Managing Principal. Mr. Planitzer co-founded LTP with Kevin J. Burns in 1998 and has since then headed LTP's New York office. From 1981 through 1993, Mr. Planitzer served as a General Partner at JH Whitney. While at JH Whitney, he established a strong investment record by focusing on early-stage technology and emerging growth companies, including the incubation and founding of Wellfleet Communications, Inc. (renamed Bay Networks, Inc.).


In 1993, Mr. Planitzer left JH Whitney to assume direct responsibility for Prime Computer, Inc., where he reorganized the business to focus on high-end computer-aided design software and restored its profitability. Mr. Planitzer became Chairman and CEO of Prime Computer, Inc. in 1993 (which was renamed "Computervision, Inc."). Mr. Planitzer led Computervision, Inc. to profitability by the end of 1995, in recognition of which he was named
"CEO of the Year: 1995" by D.H. Brown and Associates. Mr. Planitzer orchestrated the sale of Computervision, Inc. to Parametric Technology, Inc.

Mr. Planitzer has led LTP investments including MCK Communications, Inc., Quantum Bridge Communications, Inc. and Sonoma Systems, Inc.

Mr. Planitzer holds a Masters degree in business administration from
Harvard Business School (Cambridge, MA), is a graduate of the United States Naval Academy (Annapolis, MD) and is a past director of the National Venture Capital Association.

Investment Focus:
Mr. Planitzer's areas of investment focus include communications, business process applications, financial services and information technology.

Board of Directors:
Mr. Planitzer currently serves on the Boards of Directors of the following companies:
  • Marketing Technology Solutions, Inc.
  • New River, Inc.
  • Passkey.com
  • Tazz Networks