Michaela Wood, Ritika Chandra, and Lindsey Jacot all start new roles
From our Women's PE Briefs - week commencing August 2, 2021
Michaela Wood leaves her role as an investment director with CVC Capital Partners to join KKR.
Michaela joined KKR’s EMEA private equity team as a Director in its London office. She will work on UK coverage, as well as supporting investments in the business services sector across Europe. During her six years at CVC, Michaela worked on the firm’s investments in RAC, QA, Neptune Energy, PRO14 Rugby and Six Nations Rugby. Her background also includes roles with BC Partners, Boston Consulting Group and GE Capital.
Canada Pension Plan Investment Board appoints Suyi Kim to a significant role.
As of September 15, Suyi will become senior managing director & global head of private equity. CPP Investments’ private equity department managed 125.1 billion dollars Canadian in assets as of March 31 and maintains relationships with 160 private equity fund managers and other specialized partners. The company makes private equity investments globally, both directly and with partners. Suyi joined CPP Investments in 2007 after roles with Ontario Teachers’ Pension Plan and The Carlyle Group. She has most recently served as senior managing director and head of Asia Pacific, responsible for leading CPP Investment’ activities in Asia Pacific and overseeing its portfolio of Asia Pacific investments. Toronto-based CPP Investments invests on behalf of 20 million contributors and beneficiaries of the Canada Pension Plan. As of March 31, the fund totaled 497.2 billion dollars Canadian.
Maureen Joyce is leaving her role as managing director and head of asset management and separate accounts at AEW Capital Management to take a key role with Barings.
Maureen is now the investment firm’s head of U.S. real estate equity asset management. In that role, Maureen will be responsible for the strategic direction and business execution of real estate equity assets across all U.S. mandates. She also will be a member of the U.S. real estate senior leadership team and will be on the U.S. private equity investment committee. Barings Real Estate Asset Management oversees 112 assets totaling $11 billion as of March 31. Maureen, who has more than 30 years of experience in the retail industry, established AEW’s environmental, social and governance strategy and was a member of its investment committee and risk management committee. Her background also includes roles with CB Richard Ellis, Spaulding & Slye Colliers and Copley Real Estate Advisors. Maureen has spoken at both the Women’s Private Equity Summit and the Women’s Alternative Investment Summit.
Sun Capital Partners Inc.’s technology investing unit, which is led by Managing Director Elizabeth de Saint-Aignan, adds industry veteran Susan Clark to its team.
Susan joined Sun as an operating partner. She had been a general partner at TCV for the past two years where she was actively involved with firm portfolio companies Clio, Oversight, Perceptyx and Rave Mobile Safety. Previously, Susan was VP of operations, chief of staff at Vista Equity Partners. Sun tapped Elizabeth to lead the tech unit last fall after she joined Sun from Jump Capital. In 2021, it has acquired LoanLogics, Inc., a Jacksonville, Fla. digital mortgage solutions provider, and Exadel Inc., a Walnut Creek, Calif. provider of digital software engineering solutions and services.
GingerBread Capital, the female focused venture firm founded by Linnea Roberts, adds Katherine Rice to its team.
Katherine, who has served as a senior advisor to GingerBread’s portfolio companies, is now a partner. Katherine’s background includes serving as an operating partner with Altamont Capital Partners, being CEO of Rice Advisory Corp., leading business development at Williams-Sonoma, Inc and being a manager at Bain & Company. She also was recently named by President Joe Biden to serve on the President’s Commission on White House Fellowships. GingerBread’s team also includes Partner Ita Ekpoudom.
Victoria Lai leaves her role as an investor with HealthQuest Capital to join Longitude Capital.
Victoria is now a vice president on the firm’s health solutions team and will be based in its Menlo Park office. Victoria’s background also includes serving as a director at CarePoint Health and working in the health care investment banking group at Goldman Sachs. Longitude, a life science focused firm, was co-founded by Juliet Tammenoms Bakker and Patrick Enright. The firm has nearly $2 billion in capital commitments. It closed its ninth core fund in 2020 at $585 million and its first crossover and IPO fund at $135 million. Longitude also has offices in Greenwich, Conn. and Boston.
Michelle Gonzalez is tapped to lead Microsoft’s venture fund.
Michelle was named corporate vice president and global head of M12. She has been the managing partner for Area 120, Google’s internal incubator. She first joined Google in the Office of CEO, working on special projects related to startups and innovation. Her background also includes serving as an entrepreneur-in-residence and investor at Comcast Ventures, and being a partner at IBM Ventures. Michelle also held roles at Apple and McKinsey & Co. M12’s team also includes Managing Director Tamara Steffens and Principal Priyanka Mitra.
Swetha Murali leaves her role as an associate at Flagship Pioneering to join another life sciences focused venture firm.
Swetha is now a senior associate with OMX Ventures. In her new role with the Boston firm, she will be involved in all aspects of the investment process from deal sourcing and diligence to investment monitoring at the board level. She will also be instrumental to the team’s activities in new company creation, especially through the application of emerging technologies that can address historically overlooked or under-appreciated areas of biology. OMX Ventures operates at the intersection of biology, big data and engineering. At Flagship, Swetha co-founded three companies and supported later-stage companies. She is scientifically trained in neuroscience and preclinical therapeutic development.
Sequoia Capital India’s Sakshi Chopra receives a promotion.
Sakshi, who is on the firm’s growth team, is now a managing director. She joined Sequoia in 2010 from Deutsche Bank. Earlier this year, she led Sequoia into Purplle, an Indian e-commerce platform for beauty products, and saw one of her portfolio companies, Indigo Paints, go public. Her portfolio also includes B9 Beverages, Faces, Go Colors, HealthKart, Hector Beverages, Innovcare Lifesciences, RAW Pressery, Wakefit and Wildcraft.
TA Associates brings aboard Ritika Chandra.
Ritika joins the private equity firm as a vice president and as a member of its strategic resource group. In that role, she’ll partner with management teams to scale profitable growth and also seek to deepen ESG integration across the firm’s investment process and portfolio support. Ritika previously was an associate partner at Bain & Co. and also served as an investment banking associate at Credit Suisse.
Pennybacker Capital promotes Lindsey Jacot to a new leadership role.
Lindsey is now managing director, finance and corporate development, and chief compliance officer from her prior role as vice president at the firm. In her new role, she is responsible for preparation of the company’s fiscal operating plans and forecasts and coordinates finance and reporting activity, as well as compliance. She manages cash requirements detailed by strategy and builds and maintains predictive fund level planning tools and models. Before starting at Pennybacker in 2019, Lindsey was chief compliance officer for Titan Fund Management LLC, a registered investment advisor specializing in real estate investments. Previously, she led corporate mergers and acquisitions analytics and forecasting for First National 1870 as vice president of financial planning and strategic management. Pennybacker Capital is a real estate private equity investment manager pursuing value, income and growth strategies within a broad spectrum of real estate asset classes, across the entire capital structure.