Early stage venture capital firm Almaz Capital has hired two more senior executives to boost its strategy of working with entrepreneurs in Silicon Valley and Russia.
Ex-Navy Seal Ross Hangebrauck, pictured, who joins as a managing director, has spent the last six years as a startup CEO and was previously a financial advisor at Merrill Lynch managing portfolios and relationships.
New investment director Danjil Stolyarov has more than ten years of experience advising technology, media and communications companies in Russia and Silicon Valley on M&A, strategic partnerships and financing, Almaz said.
His appointment at the firm follows previous stints with Cowen and Company, Lehman Brothers, and Renaissance Capital.
Almaz co-founder and managing partner Alexander Galitsky said, “Our differentiated ‘geo-connect strategy,’ promotes and grows companies with the brightest minds on both continents.
“Many believed it wasn’t possible to bridge two historically diverse geographies. We’ve proven it can be done successfully, which is why we’re expanding our team.”
Last month AltAssets revealed that Almaz had raised more than $100m for its Russia Fund II thanks to commitments from 31 LPs.
The firm closed its first fund on $72m in 2009.
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