Private Equity
ABILITY Network has hired Robert Barbieri as chief financial officer. Previously, Barbieri worked at Converge One where he served as a CFO. Headquartered in Minneapolis, ABILITY Network is a healthcare tech firms. Its backers include Summit Partners, Lemhi Ventures and Bain Capital Ventures.
2 min read · 19 August 2014
GMZ Energy has hired Scott Rackey as vice president of business development. Previously, Rackey was CEO of four energy startups. Based in Waltham, Mass. GMZ is a developer of high temperature thermoelectric generation solutions. Its backers include Kleiner Perkins Caufield & Byers, BP Alternative Energy, I2BF, Mitsui Global Investment and Energy Technology Ventures (a joint venture between General Electric, NRG Energy and ConocoPhillips).
2 min read · 14 August 2014
Canadian private equity and venture capital firm the Fonds de solidarité des travailleurs du Québec FTQ has decided to increase disclosures concerning compensation of top professionals, emulating the transparency of public companies. It has also reviewed the compensation paid to the Fonds de solidarité FTQ's president and CEO. It was determined that the new president and CEO, Gaétan Morin, will receive a salary of $625,000 but see some retirement benefits reduced. As a result, his total compensation will be about 18 percent less than his predecessor’s.
3 min read · 13 August 2014
Thrasos Therapeutics, a biotherapeutics company focused on delivering new treatments for kidney disease, has appointed Gaétan Gravel and Joe Zakrzewski to its board of directors. Gravel is the life sciences portfolio director at the Fonds de solidarité des travailleurs du Québec FTQ. Zakrzewski was between 2010 and 2011 a venture partner at U.S. venture capital firm Orbimed Advisors. In 2012, Montréal's Thrasos raised $35 million from SR One, GSK Canada Life Sciences Innovation Fund, SW Co, Advanced Technology Ventures, Fonds de solidarité FTQ, Lumira Capital, MP Healthcare Venture Management and Pappas Ventures.
4 min read · 13 August 2014
JenaValve Technology has hired Dr. Stefan Schreck as chief technology officer. The apointment is effective immediately. Schreck is the former vice president of technology and later chief technology officer at Endologix. Based in Munich, Germany and Irvine, Calif., JenaValve Technology is a provider of transcatheter aortic valve implantation systems that treat aortic valve disease. Its backers include Atlas Venture, Edmond de Rothschild Investment Partners, GIMV, NeoMed Management, Legend Capital, VI Partners, Sunstone Capital, Omega Funds, Biovest and Valiance Advisors.
3 min read · 12 August 2014
San Francisco-based venture firm CMEA Capital has added Uday Sandhu and Drew Wilson to its investment and finance teams, respectively. Previously, Sandhu worked at TriplePoint Capital where he was an associate while Wilson worked at GSV Asset Management.
2 min read · 11 August 2014
Greycroft Partners said Friday that it has named Matt Melymuka as a senior associate in its New York office. Previously, Melymuka worked at Investor Growth Capital.
2 min read · 08 August 2014
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3 min read · 08 August 2014
Medikly, which is backed by Easton Capital, has hired Sharon Cammisa as chief customer officer. Previously, Cammisa worked at Osprey Communications where she was a partner. Based in New York, Medikly is a provider of digital marketing solutions for the pharmaceutical sector.
2 min read · 07 August 2014
Nodality, a biotech firm in South San Francisco, has hired Kathleen LaPorte as chief business officer. LaPorte has been a venture partner at New Leaf Venture Partners.
3 min read · 06 August 2014
