Faculty Directory

Philip J. Ferneau

Adjunct Professor of Business Administration



DegreeMBA, Tuck School of Business, 1996; JD, University of Virginia, 1987; AB, Dartmouth College, 1984

AREAS OF EXPERTISEVenture capital, entrepreneurship

Current Research Topics

  • Venture capital best practices
  • Technology commercialization

Selected Publications

  • Balancing the Corporate Scorecard: An Interactive Simulation, Harvard Business School Publishing, 1998

Professional Activities

Academic positions

  • Tuck School of Business, 1999–present
  • Advisory Director, 2001–present, Founding Executive Director, 1999–2001, Center for Private Equity and Entrepreneurship, Tuck School

Nonacademic positions

  • Founder and Managing Director, Borealis Ventures, 2001–present
  • Senior management positions, High Performance Systems, Inc., 1996–99
  • Attorney, Miller & Chevalier, 1987–94


  • Borealis Ventures

Board memberships

  • Avitide, 2013–present; Vets First Choice, 2010–present
  • PCD Systems, 2010–present
  • Bar Harbor Biotechnology, Inc., 2006–present
  • Avedro, Inc., 2003–present
  • Medical Metrx Solutions, Inc., 2003–05 

Research & Teaching Summary

Professor Ferneau is co-founder and managing director of Borealis Ventures, a venture capital firm investing in early-stage businesses. He is a fellow of Tuck’s Center for Private Equity and Entrepreneurship and teaches the practitioner-oriented elective course Field Studies in Private Equity. His research interests include venture-capital organizational design, investment strategy, deal structuring, and knowledge- and performance-management.