Executive moves, week of Jan. 26, 2009

xRaab to leave NEAMichael Raab will leave New Enterprise Associates later this year when the firm finishes raising its 13th VC fund, according to VentureWire. In the meantime, Raab will transition from a partner to a venture partner role. Raab joined the firm more than six years ago and focuses on biotechnology and pharmaceutical deals. NEA has reportedly raised $1 billion of a potential $3 billion fund.

Intel Capital expands to Africa

Despite the fact that Intel Corp. is laying off 5,000 and shutting some of its plants, its venture arm has no plans of downsizing, a company spokeswoman tells PE Week.

In fact, Intel Capital recently appointed Sam Mensah as its director for South and Sub-Saharan Africa. Mensah has been at Intel Corp. for the past six years. During that time he initiated and led Intel’s expansion efforts into Sub-Saharan Africa.

Kinetic adds Lanier

III has joined Kinetic Ventures as a senior director. He currently is chairman of ITC Holding Co., and previously co-founded Interstate Communications, which was sold to MCI for $1.2 billion in 1990. Kinetic is a balanced stage investor based in Chevy Chase, Md.

Jackson joins Carlyle in London

has joined The Carlyle Group as a London-based director with Carlyle Strategic Partners, the firm’s global distressed and corporate opportunities arm. He previously was with Deutsche Bank as a senior analyst in the firm’s European Distressed Products Group.

Good Energies promotes Nesbitt

Good Energies has promoted Will Nesbitt to managing director. He had joined the firm in 2007 as a director, after having been a managing director with Kirkland Investment Corp. Good Energies, with offices in London and New York, invests in solar and other renewable energy technologies.

Daley joins Oak Hill Advisors

has joined Oak Hill Advisors as a managing director, focused on opportunities in the stressed and distressed credit markets. She previously was a managing director with Lehman Brothers.

Maveron hires EIR

has joined Seattle-based venture firm Maveron as an entrepreneur-in-residence. He most recently served as CEO of Maveron portfolio company Adeze.

Jones joins Permira

, former CEO of Morley Fund Management, has joined Permira as a senior advisor to the firm’s newly formed financial services team.

Vestar boosts staff

Vestar Capital Partners, a private equity firm based in New York, has promoted three of its principals, Chris Durbin, Brian Modesitt and Kristian Whalen, each to managing director.