Private Equity
Twitter Inc (TWTR.N) Chief Executive and co-founder Jack Dorsey said he is giving a third of his stock in the company, about 1 percent, to the employee equity pool, Reuters News reported.
2 min read · 23 October 2015
Oakland-based Kapor Capital, which invests in seed-stage tech startups focused on positive social impact, announced that entrepreneur Mandela Schumacher-Hodge has joined the firm as its portfolio services director. The firm said Schumacher-Hodge will support the development of its portfolio companies as it relates to business, social impact and diversity and inclusion. Schumacher-Hodge, a former public school teacher and education policy researcher, co-founded San Francisco-based Tioki, a professional social network for educators.
1 min read · 22 October 2015
Canadian private markets investor Northleaf Capital Partners has added capabilities to its 70-person global investment team, and has promoted six professionals within it. The Toronto-based firm hired Richard Bolton as an associate in its London office, focused on private equity investments. Northleaf also made the following promotions: Ian Carew to the role of director, private equity partner relations; Matthieu Ducharme to the role of director; Susie Lee to the role of vice president, investor operations; Nadim Vasanji to the role of vice president with corporate development responsibilities; and Brad Blowes and Chris Rigobon to the role of senior associate.
3 min read · 21 October 2015
ORIX USA said Tuesday that Managing Director David Orlandella had rejoined ORIX Ventures after spending two years at Fifth Street Asset Management. Director Joel Gragg and Associate Director Laura Johnson also joined ORIX Ventures West Coast team. Most recently Gragg served as Business Line Manager for Bridge Bank's Technology division, while Johnson was the Manager of FP&A and Strategy at RichRelevance.
3 min read · 20 October 2015
Anges Québec has appointed Michel Brûlé the new chair of the organization's board of directors, replacing Robert Brouillette, who will remain a director. Brûlé was named Canadian Angel of the Year by the National Angel Capital Organization (NACO) in 2010. He will be supported in his new role by Nathalie Marcoux, who has been renamed Anges Québec's deputy chair. Montréal-based Anges Québec is a network of 165 private investors that invests in and coaches high-growth companies in Québec. To date, it has made 77 investments and re-investments in 53 companies.
4 min read · 20 October 2015
Olaf Jacobi is planning on leaving Munich-based venture firm Target Partners to pursue new career opportunities. Jacobi joined the firm as a venture partner in 2007 and became a partner in 2009.
2 min read · 20 October 2015
Rayonier Advanced Materials Inc, a provider of cellulose specialties natural polymers for the chemical sector, has named Charles Edward Adair to its board of directors. The appointment is effective immediately. Adair is a partner at Cordova Ventures and Kowaliga Capital.
2 min read · 19 October 2015
Abingworth said Monday that Shelley Chu MD, PhD has joined Abingworth as a Partner. Chu was previously with Gilead Sciences where she led Business Development in Oncology, Immunotherapy and Hepatitis B, as well as R&D Strategy.
2 min read · 19 October 2015
Rent the Runway said Friday that Scarlett O'Sullivan has joined as CFO while Maureen Sullivan has also joined as President of the Events Business. O'Sullivan was previously a Partner at SoftBank Capital. Maureen Sullivan previously worked at AOL as President of AOL.com and Lifestyle Brands.
3 min read · 19 October 2015
Y Combinator has hired former Twitter COO Ali Rowghani as a full-time partner, according to a blog post authored by Sam Altman, the Silicon Valley-based seed accelerator's president. Rowghani will run a new venture fund that focuses on later-stage YC startups. Although Altman does not mention how much capital has been raised for the YC Continuity Fund, various news outlets peg the amount at $700 million.
1 min read · 16 October 2015
