Executive moves, week of Oct. 8, 2007

CRV adds EIR

Mark Jacobstein

has joined Charles River Ventures as an entrepreneur-in-residence, focused on the digital media and consumer mobile spaces.

He previously was executive vice president of corporate development and marketing with Loopt, a social mapping startup backed by Sequoia Capital and New Enterprise Associates. Before that, he was a founding member and president of publishing for mobile gaming company Digital Chocolate. Jacobstein also was the CEO and founder of Small World Sports, an online fantasy sports company that raised more than $20M in financing from Flatiron Ventures and others.

Onset adds two from Diamondhead

Raman Khanna

and David Lane, co-founding partners of Diamondhead Ventures, have joined Onset Ventures as managing directors. The pair launched Menlo Park, Calif.-based Diamondhead in 2000 with a $140 million fund and invested in 21 IT companies. The move to Onset Ventures signals that there will not be a second Diamondhead fund, as the firm’s venture advisors also will become involved with Onset Ventures, which is also based in Menlo Park.

Onset Ventures raised $200 million for its fifth and most recent early stage fund in 2004.

Morgan Stanely PE hires Matthews

Gary Matthews has joined Morgan Stanley Private Equity in New York as a managing director and operating partner. He is a former executive with such private equity-backed companies as Simmons Bedding Co., Sleep Innovations, Bristol-Myers Squibb and Derby Cycle Corp.

Hercules strengthens staff

Kimberly Davis King

and Jason Sanders have joined Hercules Technology Growth Capital as managing directors in the firm’s technology group. King was previously a general partner with IDG Ventures West Coast, while Sanders is a former Advent International and Crosslink Capital pro who most recently was president of Fifteen Asset Management.

OrbiMed boosts staff

Nancy Chang

and Jonathan Wang have joined OrbiMed Advisors as managing directors focused on the Asia life sciences market (particularly China and India). Chang is the former co-founder and CEO of Tanox Inc., while Wang was previously with Burrill & Co.’s greater China group as a general manager.

Golub promotes two

Golub Capital has promoted Sean Coleman and Stefano Robertson each to principal. Coleman is based in New York and joined Golub as a vice president after having founded niche merchant bank Commonwealth Principals. Robertson is based in Chicago and joined Golub after eight years with Antares Capital Corp.

New York-based Golub raised $1 billion for Golub Capital Partners V, a mezzanine stage fund, in 2006.