Industry Moves
VC House DFJ Esprit Adds New Investors, Managers
European VC firm DFJ Esprit, which set up a €150 million fund in September, is hiring a trio of new hires to manage its tech investments…
Veteran investor Mikko Suonenlahti is joining as senior adviser, to focus on investments in B2B, consumer software, medical technology, bio-IT and energy efficiency.
Meanwhile, Encore Ventures, the wing created by VC house DFJ Esprit last year to buy some of 3i’s tech investment portfolio, is also adding new staff to manage the companies…
Oxford Capital Partners’ investment manager Richard Marsh is joining as partner. Jefferies International technology associate Jonathan Freuchet-Sibilia is joining as investment manager. Marsh will manage “certain assets” amongst those inherited from 3I, though which ones are not named.
In September, DFJ raised £170 million from Coller Capital and Harbourvest, creating Encore through which to buy 29 3i portfolio companies. It only named six - Icera Semiconductors, Light Blue Optics, ApaTech, The Cloud, CamSemi and FastBooking. Encore remains headed by Charles Cameron.
Posted In: Industry Moves, Money, M&A & Venture Capital, Venture Capital
