VC-backed bitcoin exchange itBit expands team with two hires

Bitcoin exchange itBit has named Daniel Alter as general counsel and chief compliance officer and Kim Petry as chief financial officer. Previously, Alter worked at the New York State Department of Financial Services where he served as general counsel while Petry was CFO of global operations and technology at Broadridge Financial Services. ItBit’s backers include RRE Ventures, Canaan Partners and Liberty City Ventures.

Black Diamond Capital appoints new CEO and COO

Black Diamond Capital Partners Ltd has named Robert Torres and Anthony Clark, CEO and chief operating officer, respectively. According to the company, Jeffrey Howard, a co-founder of the firm, has resigned as chairman and CEO “to pursue other endeavors.” Prior to his new appointment, Torres was the executive vice president of North America operations for Black Diamond. And, although he is leaving the company, Howard will not be exiting his stake in Black Diamond.

Private equity exec rejoins Diversified Royalty Corp

Vancouver, British Columbia-based Diversified Royalty Corp, which acquires royalties from businesses and franchisors in North America, has named Greg Gutmanis as chief financial officer, vice president of acquisitions and corporate secretary. Gutmanis rejoins DIV after previously serving as the company’s interim CFO from March 2014 to January 2015. He is the former CFO and vice president of Maxam Opportunities Fund II LP. Prior to this, he worked at Capital West Partners.

quitting (2)

CEO quits Apollo-backed Express Energy

Darron Anderson, the chief executive officer of oilfield services company Express Energy Services, which was acquired by Apollo Global Management last year, has resigned, a source said.


VC-backed Prosper Marketplace taps LinkedIn’s Barrile as chief product officer

San Francisco-based Prosper Marketplace, the parent of Prosper Funding, an online marketplace for consumer credit, has hired Parker Barrile as chief product officer. Previously, Barrile worked at LinkedIn where he served as vice president of product management. Prosper Marketplace’s backers include Institutional Venture Partners, Phenomen Ventures, Sequoia Capital and BlackRock.


Battery promotes three to VP while another rejoins the firm

Battery Ventures has promoted Sanjiv Kalevar, Jeff Lu and Shiran Shalev to vice president. Kalevar and Shalev have been with the firm since 2013 while Lu has been with Battery for three years. Also, Ben Johnston has rejoined the firm as a vice president in the Menlo Park, California office after earning his MBA. Johnston started at Battery in 2011.


TorreyCove promotes one to VP and hires another as VP

Private equity advisor TorreyCove Capital Partners has promoted Kyson Hawkins to vice president. The company has also named Matthew Coyne as a vice president. Hawkins has been with TorreyCove since 2014. Previously, he worked at Sterling Partners while Coyne recently worked at Pathway Capital Management where he served as a senior associate.

VC-backed SI-BONE adds two to board of directors

San Jose, California-based medical device company SI-BONE Inc has appointed Karen Licitra and Keith Valentine to its board of directors. Recently, Licitra worked at Johnson & Johnson where she was a corporate vice president while Valentine is president and CEO of SeaSpine Holdings Corp. SI-BONE’s backers include Redline Capital Management, Orbimed, Novo A/S, Skyline Ventures and Montreux Equity Partners.


Francisco Partners-backed Vendavo taps Slosse as president and CEO

Vendavo, which is backed by Francisco Partners, has named Bruno Slosse as president and CEO. Slosse is succeeding John Trzeciak, an operating partner at Francisco Partners. Previously, Slosse was president of Ascend Learning‘s clinical health division. Silicon Valley-based Vendavo is a provider of margin and profit optimization solutions.

Allied Minds recruits former VC executive Pignato as CFO

Boston-based Allied Minds, which funds and builds products and businesses based on technologies developed at U.S. universities and federal research institutions, has named Joseph Pignato as chief financial officer. Pignato’s work experience includes serving as the CFO of Charles River Ventures and acting as a general partner, chief operating officer and CFO of Prism Ventures.

Scott joins FiscalNote

FiscalNote said Tuesday that Justin Scott has joined its executive team as a senior vice president of revenue. Scott was previously VP of brand strategy at Tumblr. Before that, he was vice president and co-head of sales at Zillow. FiscalNote, which provides a legal analytics platform, is backed by Mark Cuban, Renren, NEA, Jerry Yang’s AME Cloud Ventures, First Round Capital’s Dorm Room Fund and Visionnaire Ventures.

Sorensen joins Arcis Capital

Arcis Capital Partners said Tuesday that Steven Sorensen has joined the boutique advisory firm as a partner. Previously, Sorensen was International Operations Vice President of Manhattan Regional Center.


Angelo Gordon’s Twin Brook Capital beefs up team with new hire

Twin Brook Capital, a lending subsidiary of Angelo, Gordon & Co., has tapped Mike LaBelle as a vice president, according to a source at the company. Previously, LaBelle worked at National Express LLC where he served as a director. And prior to that, LaBelle was a senior underwriter at Madison Capital.

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