Executive moves, week of Jan. 19, 2009

Coskata co-founder Kimmel joins Mayfield

Todd Kimmel

has left Advanced Technology Ventures to become a partner with Mayfield Fund. Kimmel had joined ATV in 2003 at the age of 27 and invested in such companies as GreatPoint Energy and CaliSolar. He then transitioned to an entrepreneur-in-residence role in 2006 and later co-founded cellulosic ethanol company Coskata.

Kimmel said the move to Mayfield was largely due to the firm’s global platform. “Every company I invested in with ATV needed to address going outside the U.S.,” Kimmel says. “GreatPoint has been in conversations with a Chinese power company about building a factory.”

Kimmel says that he transferred his ATV board seats to ATV General Partner Bill Wiberg and Principal Andrew Friendly, although he’ll continue advising Coskata. —Dan Primack

Bessemer boosts staff

Bessemer Venture Partners has promoted Stephen Kraus and Subramanya S.V. to vice presidents. Kraus, who has been with Bessemer since 2004, works in the firm’s health care practice in Wellesley, Mass. S.V., who joined the firm as an associate in 2007, focuses on India from Bessemer’s Mumbai office.

The firm also has promoted Vishal Gupta to director of the India investment team.

Borden moves up at Riverside

Riverside Partners has promoted Philip Borden to general partner. He joined the firm in 2005. Before that he spent time at Oxford Bioscience Partners and Frazier Healthcare Ventures.

McGinty joins Element Partners

Kathleen McGinty

has joined Element Partners as an operating partner. She is the former head of the Department of Environmental Protection in Pennsylvania and served on the White House Council on Environmental Quality. She also had been considered as a candidate to run the Environmental Protection Agency under President Barack Obama.

CVC adds Klane

Larry Klane has joined CVC Capital Partners as a senior advisor, focused on the financial services sector. He is the former president of Capital One Financial’s global financial services division.

Arsenal stocks up

Arsenal Capital Partners has promoted Christopher Johnson to vice president and Jeffrey Moffett to senior associate. Johnson joined the New York-based firm last year as a senior associate. Moffett joined in 2006 as an associate.

Ares adds senior partner

Greg Margolies has joined Ares Management as a senior partner and head of the firm’s capital markets group. He previously was with Merrill Lynch, where he served as a managing director and head of global leveraged finance and capital commitments.

Canaan promotes two GPs

Canaan Partners promoted Alok Mittal and Izhar Shay each to general partner. In addition, Warren Lee was promoted to venture partner. The moves come as the Westport, Conn.-based firm says it plans to expand its digital media portfolio on the East Coast. Canaan raised $650 million for its eighth fund last year.

OnCap promotes staff


, a Toronto-based private equity firm focused on the middle market, has promoted Mark MacTavish to managing director. In addition, Evan Hershberg and Ryan Mashinter were each named director.

Lime Rock promotes, hires

Lime Rock Partners, an energy-focused private equity firm, has promoted Will Franklin, J McLane and Simon Munro each to the position of managing director. Westport, Conn.-based Lime Rock also hired Kris Agarwal as director and assistant general counsel. Last year, Lime Rock raised $1.4 billion for its fifth fund.

SL Capital adds Matthews

Whit Matthews

has joined U.K.-based SL Capital Partners as an investment manager focused on private equity. He previously worked in the University of Pennsylvania’s investment office as an associate.