San Francisco-based VC firm Industry Ventures said Monday that it has named Trevor Rubel and Kunal Jain as a venture partner and associate respectively. Previously, Rubel held several senior positions at Bank of America Merchant Services while Jain served as an investment banking analyst at Moelis and Company.
SAN FRANCISCO, CA – September 9, 2013 – Industry Ventures LLC, a leading investment firm for venture capital, today announced the appointment of Trevor Rubel as a Venture Partner, strengthening the team’s expertise in big data and payments. Additionally, Kunal Jain was appointed as an Associate to further bolster the investment team’s focus on helping venture capital investors generate liquidity from existing investments.
“Our firm has grown to include investments in over 100 private companies and 120 venture funds. Industry Ventures has had a collaborative and productive relationship with Trevor for several years and he has been instrumental in working with several general partners and their portfolio-company CEOs. We are thrilled to formalize this relationship and look forward to his continuedefforts in evaluating direct co-investments and creating liquidity for leading company shareholders,” said Industry Ventures Founder and Managing Director Hans Swildens. “With the additions of Trevor and Kunal to our investment team, we are improving our sourcing and due diligence capabilities to support a healthy and dynamic venture capital ecosystem.”
Prior to joining Industry Ventures, Rubel held several senior positions at Bank of America Merchant Services, including EVP of product, strategy and business development. He was also a senior executive at First Data Corporation, running information services and international financial services products. Prior to that, Rubel was chief strategy officer and VP of products at Intelligent Results and director of product strategy at Personify. Rubel earned a B.S. in Communications from the University of Washington.
“Industry Ventures’ stellar reputation within the VC community shows that they have earned the trust and respect of limited partners, general partners and management teams alike,” stated Rubel. “I am looking forward to collaborating with the team and to helping expand their presence in the Pacific Northwest.”
In his new role as Venture Partner, Rubel will focus on identifying and executing direct secondary and co-investments into leading companies in the payments and big data sectors. Additionally, Rubel will work with general partners and their portfolio companies to evaluate capital needs and coinvestment opportunities. Based in the Seattle area, Rubel will also help increase Industry Ventures’ presence in the Pacific Northwest.
Prior to joining Industry Ventures, Jain worked as an Investment Banking Analyst at Moelis and Company. At Moelis, Jain was a key member on the deal teams that restructured VC funds, managed due diligence and analytics processes, as well as created liquidity analysis. Jain earned a B.S in Economicsand a Markets and Management Studies Certificate from Duke University, with Phi Beta Kappa and Magna Cum Laude honors.
About Industry Ventures LLC
Industry Ventures is a leading investment firm focused on the venture capital market. The firm manages a family of funds that invest in secondary direct investments, limited partnership interests and other special situations.
Founded in 2000, the firm manages over $1 billion of institutional capital and is headquartered in San Francisco with an office in Washington, D.C. For more information, please visit www.industryventures.com.