Private Equity Week Wire for Monday 2/26

NEW YORK — Peter J. Solomon Company (PJSC) announced today that Bradley I.
Dietz had joined the firm as a Managing Director to lead its Restructuring activities.
A Managing Director at Citigroup for the last ten years, Brad Dietz comes to PJSC with
broad based experience in complex restructuring and reorganizations matters across a variety of industries. Most recently, he has been involved in the restructuring activities at Finova, Inc., a large Arizona based finan-cial
services company involving $11 billion of bank and public debt.

NEW YORK — Vencast, a web enabled financial services firm focused on the distribution of alternative funds, has named Don Ceglar Chairman and Chief Executive Officer. Don succeeds Vencast founder Jeffrey Dyment, who will assume an advisory role as Chairman Emeritus. Prior to joining Vencast, Mr. Ceglar served as a Managing Director at Weiss Peck and Greer LLC, where he was responsible for institutional sales, marketing and account management. Don served on the firm’s Executive Committee and was Co-Chairman of the firm’s Product Review Committee, which was responsible for risk management and new product development.

AUSTIN, TEXAS — Al Schuele has been named a general partner by early stage, tier-one venture capital firm Sevin Rosen Funds. Schuele, who joined Sevin Rosen in March 2000, will spearhead investments in semiconductors, communications and wireless Internet application companies. A 32-year high-tech industry veteran, Schuele has held top executive and sales positions in several semiconductor companies, played key roles in mergers and acquisitions and worked overseas serving the diverse Asian market. Formerly, he was CEO of Benchmarq Microelectronics where he managed the company through the turbulent Asian financial crisis and then negotiated a merger with Unitrode Corporation where he served as president and COO. In the 12 years prior, Schuele held key positions at Crystal Semiconductor in Austin, which later was acquired by Cirrus Logic. He is currently working closely with Sevin Rosen portfolio clients such as Cicada Semiconductor, Clarendon Photonics, Ethertronics, Monterey Design and Site Stuff.

AUSTIN, TEXAS – TL Ventures, a nationally focused, early-stage venture capital firm, today announced that IBM has invested in TL Ventures