FTVentures Loses Partner

Mark Lotke has left FTVentures, where he was a partner. The move comes as the San Francisco-based firm is finishing up fundraising for its $600 million-targeted third fund, which already has secured over $465 million in capital commitments. Lotke was listed on regulatory filings for the fund.

 

No word yet on Lotke's future plans. FTVentures said that he will be replaced as head of the firm's software practice by existing partner Eric Byunn. www.ftventures.com