Andrew Katz has left Edengene, the corporate venturing consultancy firm he co-founded, to join Corven, a rival firm.
At Edengene, Katz was one of the four founders of the firm and head of the strategy consulting team, which focused on growth and business strategies. It is understood he left the firm because he was unsure of its strategic direction.
According to eFinancial News, he will take up a similar position at Corven and will continue to work with corporates, evaluating unexploited assets to develop into corporate ventures. Prior to Edengene, Katz worked as a consultant for KPMG and PA Consulting Group.
Corven is looking to close its first private equity fund shortly. The vehicle has a target of €48m and will invest in the support services and healthcare sectors.