Saiprasad and Cotte are on the move while Zhu earns a promotion
From our Women's PE Briefs - week commencing June 14, 2021
Saiprasad leaves Mayfield to join SoftBank Investment Advisers as a partner
After two years as a venture partner at Mayfield, Priya Saiprasad has left to join SoftBank Investment Advisers. Priya is now a partner with the manager of the Vision Funds. In a post, Priya said she’ll be leading venture growth rounds into companies at the intersection of software and consumer from Vision Fund 2.
Priya joined Mayfield in June 2019 from Microsoft’s venture arm, M12, where she was a partner. Her background also includes roles with Saints Capital and UBS. In joining SoftBank, she will be working again with Nagraj Kashyap, who is a managing partner with SoftBank and previously led M12.
Priya’s departure from Mayfield means the venture firm – now in its 52nd year of existence – does not have any women on its investment team.
Cotte joins Onex Corporation as head of ESG
Onex Corporation adds Judy Cotte to its Canadian team. Judy joins the Toronto-based investment firm as the head of ESG, coming from from ESG Global Advisors, a firm she founded to bridge the gap between companies and investors on ESG factors. She is a globally recognized expert on ESG and responsible investment, with the last 12 years of her career being exclusively focused in this area.
In this new position, Judy will lead Onex’s ESG efforts, with a focus on enhancing the investment processes across its platforms, partnering with investors and clients to help meet investment objectives and reporting requirements and aligning the firm with industry best-practices.
In a statement, Judy said, “we’ve seen positive momentum in the evolution of ESG practices. Onex has an opportunity to build on its strong foundation and create real value and drive strategic change directly from our own efforts and through partnering with the companies we invest in. I’m pleased to be joining a team that shares my belief that good ESG practices can have a significant positive impact for all stakeholders.”
Zhu promoted to vice president as Shamrock Capital Advisors closes a $1B fund
Shamrock Capital Advisors promotes Alicia Zhu as the Los Angeles investment firm raises a new private equity fund – a fund that Alicia, Laura Held and Megan Wallach will be involved in deploying. Shamrock closed its fifth Capital Growth Fund at $1 billion and made Alicia a vice president.
Alicia joined Shamrock in 2019 and serves on the board of Learn on Demand Systems and is involved with the firm’s investments in Ad Results Media and Pixellot. She was previously a member of the corporate strategy group at The Walt Disney Co.
Shamrock will use the fund to make buyout and later-stage growth equity investments within its core industries of media, entertainment and communications. The fund will target companies seeking $25 million to $200 million of equity capital in both control and non-control transactions.
Laura, a partner, serves on the boards of Bayard, Adweek and Wpromote. Megan, a vice president, serves as a director of Excel Sports Management and Pixellot.
Sun returns to OCA Ventures
Dana Sun has returned to OCA Ventures. Dana joins the venture capital firm as a senior associate and will focus on digital health, diagnostics and medical devices. She returns to OCA where she was formerly an associate in 2019. Dana has held roles with Towerview Ventures, Genentech, G51 Venture Scholars, ‘87 and Accenture.
OCA provides venture capital and strategic guidance to visionary founders of highly scalable early-stage technology and services businesses, with expertise in financial technologies, services and trading, security, data analytics and health care technologies.
Chow and Shah join EQUIAM
EQUIAM adds Samantha Chow and Shachi Shah to its team. Samantha joins as senior associate, operations and Shachi joins as director, strategic operations.
Samantha brings experience in fund operations, reporting and accounting from prior roles at Goldman Sachs Asset Management and Northern Trust Hedge Fund Services. Shachi joins from Plug and Play Tech Center. She previously held roles at ICICI Bank and was a founder of Craftsy.
EQUIAM is a San Francisco-based, data-powered venture firm that utilizes a quantitative approach to constructing risk-managed portfolios of growth and late-stage private companies.
Popescu earns a promotion at Oakley Capital
Oakley Capital promotes Cristina Popescu. Cristina is now an investment manager with the mid-market European private equity firm. Cristina joined Oakley in 2019 and focuses primarily on deal origination, execution and portfolio management.
Prior to joining Oakley, Cristina worked at Barclays Bank in London and focused on investment grade and leveraged loan origination in the U.K. Previously, Cristina worked in Barclays’ loan syndication team, where she focused on arranging and underwriting transactions across the U.K., Italy, Spain, Germany and the Benelux region.
Grattan leaves Thomas H. Lee Partners for Crosspoint Capital
After 13 years with Thomas H. Lee Partners, Laura Grattan is leaving to join a private equity firm that recently closed its debut fund. Laura, according to PE Hub, is joining Crosspoint Capital Partners. The Boston and Menlo Park-based tech-focused firm closed its inaugural fund at $1.3 billion.
Laura originally joined THL in 2005 and then left in 2007 to get her MBA at Harvard Business School. She re-joined the firm in 2009 and has served as a managing director.
In 2020, THL sold two companies that Laura was a board member of: Alfresco, a provider of enterprise content management solutions, was sold to Hyland, and Juvare, LLC was acquired by Five Arrows, the corporate private equity arm of Rothschild & Co.
Laura also served on the board of Nextech and was a board observer of Univision Communications, Inc. She is a past speaker at the Women’s Alternative Investment Summit.