Executive moves, week of March 22, 2010

Ning co-founder Bianchini to join Andreessen Horowitz

Gina Bianchini

is stepping down as CEO of Ning to become an entrepreneur-in-residence with venture firm Andreessen Horowitz. She will be succeeded by Ning CFO Jason Rosenthal.

The news was first reported last week by All Things D.

Marc Andreessen, who is one of two Andreessen Horowitz partners, co-founded Ning with Bianchini. Andreessen currently serves as chairman of Ning, which offers an online platform for people who want to create their own social networks.

Ning reportedly has raised more than $100 million in venture funding, including a $15 million infusion last year from Lightspeed Venture Partners at a $750 million valuation.

Matrix hires GP, opens NY office

Antonio Rodriguez, former CTO of Hewlett-Packard’s consumer imaging and printing division, has joined Matrix Partners as a general partner in the firm’s Waltham, Mass.-based office. Matrix also announced the opening of a New York City office, which will be headed by Nick Beim. Beim will relocate from Massachusetts.

Reithinger joins Forbion

Holger Reithinger has joined Forbion Capital Partners as a partner and head of the firm’s new Munich office. He previously was with Global Life Science Ventures.

Key promotes Rond

Key Principal Partners, a lower middle market private equity firm based in Cleveland, has promoted Patrick Rond to vice president. Rond joined the firm in 2002 as an analyst. KPP is the private equity arm of KeyCorp.

Encore brings in two

Richard Marsh and Jonathan Freuchet-Sibilia have joined Encore Ventures, the secondaries unit of European venture firm DFJ Esprit, as a partner and investment manager, respectively. Marsh previously was an investment manager with Oxford Capital Partners, and will take over responsibility for assets acquired late last year from 3i Group. Freuchet-Sibilia previously was an associate with Jefferies International.

DFJ Esprit adds adviser

DFJ Esprit, a European venture firm, has appointed Mikko Suonenlahti a senior adviser to focus on investments in B2B and B2C software, med-tech, Bio-IT and energy efficiency.

Capellas joins KKR as senior adviser

Michael Capellas

has stepped down as CEO of First Data Corp. to become a tech-focused senior advisor at Kohlberg Kravis Roberts & Co. First Data is a KKR portfolio company.

Asset manager hires former E-Trade CEO Layton

U.S. asset manager and advisory firm NewOak Capital has hired former E-Trade Financial Corp. CEO Donald Layton as senior advisor and co-chairman of its investment committee. NewOak said Layton, who stepped down from the online broker at the end of 2009, would help lead its private equity vehicle for bank recapitalization investments, and advise on other bank-related investments.

Layton remains a temporary consultant to Robert Druskin, E-Trade’s interim CEO, and had also agreed to be a consultant to the company’s next CEO.

Burrill adds Peterson

Adriana Peterson

has joined Burrill & Co. as managing director of human resources. She previously ran executive search firm NEXUSBioMed.