Cliff Higgerson is not expected to return to an investor role with ComVentures, as was suggested in an article in last week’s PE Week.
He says that he is instead in talks with several venture firms about working part-time on the convergence of communications and China. He expects to affiliate with more than one of them, he says.
Higgerson is a co-founder of ComVentures, and had been expected to lead at least one deal per year out of the firm’s $350 million sixth fund – which closed in 2003 and called down its first capital in 2005.
But conflict with partner Jim McLean led to Higgerson’s departure in 2004.
Subsequently, he operated independently out of borrowed office space at Crescendo Ventures.
Talk of Higgerson returning was sparked by last month’s news that McLean was leaving. McLean, who previously co-founded Bedrock Capital Partners, has not disclosed his future plans.
His leaving follows that of earlier departures of General Partners Paul Vabakos, David Helfrich and Perry Wu.
Though Higgerson is not returning, there has been an offer of office space.
In an interview last week, Higgerson says that it would be “pretty hard to go back.”