Executive moves, week of Dec. 15, 2008

AnaCap Partners adds four ex-Lehman employees

AnaCap Financial Partners has taken advantage of banking job cuts to add four ex-Lehman Brothers‘ personnel to its specialist financial services team.

The firm, a mid-market private equity firm focused on the European financial services sector, appointed Chris Patrick as principal and co-head of the mergers and acquisitions team. Patrick was formerly a managing director and head of principal finance, European structured products at Lehman Brothers.

AnaCap has also appointed Andy Wynn, former executive director of Lehman’s European structured finance group, as director of the business services team.

Daniel Ang and Nassim Cherchali join as analysts supporting the entire group, AnaCap said.

The hires come as AnaCap Financial Partners plans to close its second fund with about $780 million in early 2009, according to LBO Wire. —Reuters

Kent jumps to Intersouth

Richard Kent

has joined Durham, N.C.-based Intersouth Partners as a venture partner focused on the pharmaceutical market. He previously was president and CEO of Serenex Inc., an Intersouth portfolio company that was sold to Pfizer in April. Intersouth raised a $275 million early stage fund in 2006.

TVM Capital promotes two to GP

TVM Capital has promoted Christoph Schröder and Hui Hsing Ma each to general partner. Both joined the Munich-based firm in 2004 as venture partners, and focus on life sciences opportunities. TVM raised $290 million for its most recent balanced stage life sciences fund, which closed in 2005.

Shasta boosts staff
Kartik Raghavan and Sean Flynn have joined Shasta Ventures as an entrepreneur-in-resident and senior associate, respectively. Raghavan previously was a venture partner with Trilogy Equity Partners. Before that, he spent 10 years with Microsoft. Flynn previously worked in various roles with Yahoo, including as senior director of business development and business operations for the company’s communication and community products.

SV Life Sciences adds three

SV Life Sciences has hired three venture partners. Sarah Bodary, formerly with Genentech, will focus on biotech. Gary Velasquez, former president and CEO of SV portfolio company Synarc, will focus on health care services. And Kevin Barrett, a founding partner of Commonwealth Health Partners, will also focus on health care services.

Citigroup taps Gammons to head Asia

Citigroup has named managing director Christopher Gammons as its head of private equity banking in Asia. He had joined the firm last year from Deutsche Bank, where he had run a Hong Kong-based debt products group. Gammons replaces Christopher Laskowski, who will relocate to Citi’s Chicago office and remain a private equity banker.

OVP promotes Weissman

OVP Venture Partners promoted Carl Weissman from venture partner to managing director. He joined the firm in February 2007 to focus on digital biology, and will continue to serve as president and CEO of the firm’s Accelerator program.