Private Equity
The Mid-Atlantic Venture Association (MAVA) has elected three new directors: Deric Emry of ABS Capital Partners, Jonathan Perl of Boulder Ventures and Tony Ricciardella of Grant Thornton. Each director will serve a three-year term.
3 min read · 16 April 2009
Hassan Ahmed has joined Charles River Ventures as a senior advisor. He is the former chairman and CEO of Sonus Networks.
2 min read · 14 April 2009
Jim Breyer, a partner with venture firm Accel Partners, has been named to the board of Dell Inc. (Nasdaq: DELL). He will stand for formal election at a July shareholders meeting. Breyer currently serves on the boards of several Accel portfolio companies (including Facebook), plus is a Wal-Mart director.
2 min read · 13 April 2009
Don Basile has joined Iron Capital Partners as a managing director. He most recently served as CEO of Fusion-io, an Iron Capital portfolio company.
2 min read · 13 April 2009
Burrill & Co. has made three promotions: Garrett Vygantas to director of venture capital, Tiba Aynechi to director of merchant banking and Neel Patel to senior associate of merchant banking
2 min read · 13 April 2009
Jon Holman is a San Francisco-based recruiter who has hired roughly 40 general partners and five times as many CEOs in his nearly 30-year career. His clients include Accel Partners, Lightspeed Venture Partners, Mayfield Fund and Opus Capital, among about 50 others. We just spoke a bit about the venture industry, how quickly it’s contracting and where many VCs may next find themselves. Yesterday, a reader seemed to take issue with the word “exodus” to describe what’s happening in the venture industry right now. But it does seem like many more VCs are leaving the industry than joining it or finding homes at other firms. What are you seeing? There’s a lot of movement; there’s no doubt about that -- except “exodus” implies that they are leaving by choice, and that’s not generally the case. It’s not just 10 or 20 or 30 people who are looking for new jobs. A lot of people have to find something new to do. This isn’t the first time that the population of VCs is going to go down, but this will be the biggest percentage. And they’ll all have to go somewhere.
3 min read · 09 April 2009
Stacy Kincaid has joined Vietnam-based VinaCapital Group as a managing director focused on capital-raising and fund structure efforts. She previously was with Probitas Partners.
3 min read · 08 April 2009
Sukhinder Singh Cassidy has joined Accel Partners as a CEO-in-residence. She previously was with Google, as president of Asia-Pacific and Latin American operations.
3 min read · 08 April 2009
vSpring Capital has promoted Jon Walker to manager of marketing and investor relations. He originally joined the firm as an intern in 2006, spent time at a portfolio company and returned fulltime the following year.
2 min read · 08 April 2009
Northern Light Venture Capital, a China-focused VC firm, has promoted Elton Jiang to managing director and Lixin Li to venture partner.
3 min read · 07 April 2009
