Arvind Sodhani, President, Intel Capital

Sodhani to leave Intel Capital

Intel Capital President Arvind Sodhani will retire in January, ending a 34-year career with parent company Intel, including 10 years at the chipmaker’s venture investing arm, Intel said Thursday.

DFJ Esprit rebrands Draper Esprit as Tim Draper vows more active role

DFJ Esprit has rebranded itself Draper Esprit as iconic U.S. venture capitalist Tim Draper agreed to work more closely with the firm to find, back and scale top European startups. In a press release, the firm said it will continue to operate as part of the Draper Venture Network for companies from Western Europe.

LPEQ appoints Graphite Capital’s Spence as chairman

LPEQ, the association of listed private equity companies, has named Tim Spence as non-executive chairman. Spence, who has been a board director of LPEQ since 2013, is a finance director at Graphite Capital. He succeeds Andrew Lebus, a senior partner at Pantheon Ventures.


Thoma Bravo ups two to principal

Thoma Bravo has promoted Arvindh Kumar and Chip Virnig to principal. Previously, Kumar and Virnig were vice presidents. Prior to joining Thoma Bravo, Kumar worked at a number of firms that included Prospect Capital Management, BC Partners and Morgan Stanley while Virnig worked in Merrill Lynch & Co’s investment banking group.

GFO hires Parks as CEO

Engine oil additive maker GFO Oil LLC has appointed Michael Parks as CEO. A spin-out of Colorado Research Technologies LLC, GFO is backed by venture fund Novus Via LP. Previously, Parks led maintenance operations at Kelley Amerit Fleet Solutions.

VC-backed Invincea beefs up advisory board

Fairfax, Virginia-based Invincea Inc, a provider of advanced endpoint threat protection solutions, has expanded its advisory board with a number of new additions. They are Dr. Ed Amoroso, senior vice president and chief security officer of AT&T; Rand Beers, former acting secretary of the U.S. Department of Homeland Security and deputy assistant to the President for Homeland Security; and retired Lieutenant General Rhett Hernandez, former Commander of U.S. Army Cyber Command and current West Point cyber chair of Army Cyber Institute. Its backers included Aeris Capital, Dell Ventures, Grotech Ventures, Harbert Ventures and New Atlantic Ventures.


Goldpoint Partners hires Blackstone’s Gelb as CFO

New York-based private equity manager Goldpoint Partners has hired Sean Gelb as chief financial officer. Previously, Gelb worked at Blackstone where he served as senior vice president of private equity tactical opportunities, finance and accounting. Goldpoint Partners is New York Life Investments‘ private equity affiliate.

VC-backed ForgeRock adds to team

San Francisco-based ForgeRock, a provider of identity management solutions, has named Aled Miles as executive vice president of global sales. Previously, Miles worked at Symantec. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.

Tom Gordy joins Angle Advisors as managing director

Investment bank Angle Advisors has hired Tom Gordy as a managing director. Gordy’s work background includes stints at Variant Capital Advisors, BancOne Capital Markets, Inc. and its predecessor FirstChicago Capital Markets Inc.

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