Private Equity
Deutsche Telekom Capital Partners, the German telecom group's investment-management division, named Jack Young partner in charge of global venture operations. Young joins DT Capital Partners from Qualcomm Ventures, the investment unit of the San Diego chipmaker, where he was a managing director responsible for venture investment and portfolio management in North America.
2 min read · 04 April 2016
1 min read · 04 April 2016
Toronto-based Relay Ventures is one of North America’s most active investors in mobile technologies. Led by Co-founders and Managing Partners John Albright and Kevin Talbot, the firm is currently investing from its US$150 million second fund and is in the process of raising a third. PE Hub Canada sat down with Albright to discuss Relay’s deals, a recent run of lucrative portfolio exits, and emerging trends in the mobile space.
3 min read · 03 April 2016
John Doerr has announced he will step back from his managerial role at Kleiner Perkins Caufield & Byers to become the firm's first chair.
1 min read · 01 April 2016
Investment bank GCA Savvian Corporation announced that it named veteran venture capitalist Richard C. Kramlich as an outside director. Kramlich is co-founder of New Enterprise Associates Inc and chairman of NEA Management Company. He is the second outside director of Tokyo-based GCA Savvian and the first from the United States.
2 min read · 31 March 2016
(Reuters) Biotech venture capitalist G. Steven Burrill and his firm Burrill Capital Management LLC agreed to pay $5.8 million to settle SEC charges that he stole investor money to fund a "lavish lifestyle," the SEC said.
2 min read · 30 March 2016
The C100 has launched "The Ambassador Program", an initiative intended to broaden the Silicon Valley-based association's reach in Canada, and its ability to offer support to Canadian entrepreneurs and startups. The program is comprised of ambassadors residing in Canadian cities who will over a 24-month period identify and engage promising startups in their regions. The ambassadors are Dax Dasilva, founder and CEO of Lightspeed; Daniel Debow, former senior vice president, emerging technologies, at Salesforce; Jevon MacDonald, co-founder and ex-CEO of GoInstant; Aydin Mirzaee, co-founder and former Co-CEO of Fluidware; and Matt Switzer, senior vice president, labs, corporate and business Development at Hootsuite.
6 min read · 24 March 2016
Finance Minister Bill Morneau has announced the federal government's new Advisory Council on Economic Growth. The council's 14 members include: Katherine Barr, general partner at Mohr Davidow Ventures and a former C100 co-chair; Angela Strange, partner at Andreessen Horowitz and a current C100 co-chair; and Ilse Treurnicht, CEO of MaRS Discovery District and a former venture professional. Michael Sabia, head of the Caisse de dépôt et placement du Québec, was also appointed, as was Mark Wiseman, president and CEO of Canadian Pension Plan Investment Board.
3 min read · 21 March 2016
Bain Capital Ventures hired Jeff Williams as an operating partner in the firm’s San Francisco office, where he will focus on infrastructure software and security companies.
2 min read · 18 March 2016
A former partner in leading Silicon Valley venture capital firm Sequoia Capital on Monday countersued a woman who claimed he sexually abused her for more than a decade, arguing that she was trying to extort $40 million from him.
2 min read · 15 March 2016
