Lipp leaving JPMorgan for Brysam
will resign as a director and officer of JPMorgan Chase & Co., effective Sept. 30, to join private equity firm Brysam Global Partners as a senior executive. Brysam, which raised a $1 billion fund last year, invests in consumer financial services in emerging markets, such as Mexico, Russia and India.
Lipp will continue to work with the bank in an advisory capacity, focusing on international consumer opportunities and developing leadership talent, JPMorgan said in a U.S. Securities and Exchange Commission filing. Lipp joined JPMorgan’s board in 2003 and became senior advisor in September 2005.
True adds Malik
, the founder of technology blog GigaOm, has joined True Ventures as a venture partner. He will continue writing for GigaOm, although he has hired a CEO and managing editor. True Ventures invested in GigaOm last year. True Ventures, a San Francisco-based early stage firm, recently raised $165.5 million toward its second fund, on its way to a $195 million final target.
Redpoint adds EIR
has joined Redpoint Ventures as an executive-in-residence. He has spent the past seven years with Yahoo, including his most recent role as senior vice president of U.S. sales.
Ming moves to Advent
has joined Advent International as a Boston-based venture partner, where she will focus on the apparel retail sector. She previously was president of Old Navy.
Wynnchurch adds two
and Greg Gleason have joined Wynnchurch Capital as senior associate and associate, respectively. Teplitsky recently received his MBA from the Kellogg School, and previously was an associate with Lime Rock Partners. Gleason previously was a financial analyst in the global industrials group of Houlihan Lokey.
Venrock hires EIR
Michael Cerda has joined Venrock as an entrepreneur-in-residence. Cerda co-founded Internet phone company Jangl, which went under earlier this year and sold its assets to LiveUniverse. He then joined rival Jajah for a brief amount of time. Venrock is not an investor in Jangl or Jajah.
Austin promotes Milius
Austin Ventures has promoted Craig Milius to general partner. He joined the firm as a senior associate in 2000, and was promoted to partner in 2006.
Battery boosts staff
Battery Ventures has made four promotions. Jesse Feldman was named principal, with a focus on growth equity and buyout deals. Ramneek Gupta was named partner, with an upcoming move to India to open the firm’s Bombay office. Brian Lieber was named principal, overseeing the firm’s entrepreneur-in-residence investments. And Brian O’Malley was named principal, with a focus on IT venture investments.
3i hires Stefanowski
has joined 3i Group as a managing partner and chairman of 3i North America. He previously was with General Electric, most recently as CEO of corporate finance.
Chambers joins Summer Street
has joined Buffalo, N.Y.-based Summer Street Capital Partners as an operating partner. He previously co-founded management advisory and investment firm Conundrum Partners.
Pataki to Advise MidOcean Partners
Former New York Gov. George Pataki has joined the executive board of MidOcean Partners, a middle-market buyout firm. In addition, Pataki has joined the board of MidOcean portfolio company OneLink Communications, a provider of cable services in the greater San Juan, Puerto Rico area.
Hall Capital adds biz dev officer
has joined Hall Capital Partners as a principal and director of business development for the Eastern United States. He previously was president of Abel’s Hill Capital Corp. and Global Film Equity Corp.
Pantheon adds three to HK office
Pantheon Ventures has added three investment professionals to its Hong Kong office. Alex Wilmerding, who was named principal, was previously with Citigroup Private Bank. Minjun Chung, named associate, was previously with McKinsey & Co. And Leah Liu, named analyst, was previously with Lazard Freres.