All the week's most important people stories from across the globe. Essential reading for those who need to keep up-to-date with the private equity industry's key staff moves.
Kent Godfrey has joined Pond Venture Partners, a European early-stage technology venture capitalist with offices in the UK and Silicon Valley, as a full partner. Godfrey joined Pond’s advisory board five years ago, becoming a limited partner investor in the Pond II fund. Previously he served with six successful high-technology start-ups, three of which have gone public and two have been acquired. He has eight years of CEO experience and has sat on the boards of eight different companies – seven private, one public. Pond was founded in 1997 and has over $200m under management.
Pond Venture Partners has also announced that Jamie Urquhart, ex-COO of ARM Holdings, has joined the firm as a venture partner. Richard Irving, managing partner at Pond, said, ‘Jamie is one of the few people in Europe who has genuinely helped build a billion-dollar company. He has run engineering, sales and marketing on an international basis and is an expert in the area of licensing. As the chief operating officer of a well-respected company who has been through an IPO on London and NASDAQ, and a period running ARM’s world-wide sales, his advice comes from a strong knowledge base.’
FINAMA Private Equity – Quartilium, the private equity fund of funds arm of Finama Private Equity in France, has appointed Virginie Bourel as an associate. Bourel started her career in the leveraged finance department of Natexis Banques Populaires. She joined Mazars & Guerard in 2002, where she worked on financial audits and due diligence.
US private equity giant The Carlyle Group has appointed Marco De Benedetti as managing director and head of the Italian buy-out team, based in Milan. The former CEO of Telecom Italia Mobile will become a member of the Investment Committee of Carlyle Europe Partners II, a €1.8bn fund. He will also be a member of the Global Telecom and Media group, which looks at assets on a global basis in the sector. Prior to Telecom Italia Mobile, De Benedetti was chairman of Infostrada, an Italian alternative fixed-line carrier for voice services and internet access, and CEO of Olivetti Telemedia, the telecommunications and multimedia business of Olivetti.
Baird Private Equity, the private equity group of Robert W. Baird & Co. , has hired Scott Skie as chief administrative officer for Baird Capital Partners and Baird Venture Partners. In his new role Skie has financial, investor relations and administrative oversight responsibility. He will work closely with Paul Carbone, co-director of Baird Private Equity and managing partner of Baird Capital Partners and Baird Venture Partners. Prior to joining Baird, Skie was a chief financial officer for Chicago-based middle-market private equity firm LaSalle Capital Group. He was also a member of Ernst & Young’s Transaction Advisory Services group.
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