Michael Chang will be joining Technology Crossover Ventures on April 22. He was previously an associate with Lightspeed Venture Partners.
President Bill Clinton was named a senior advisor to the Yucaipa Cos. and its investment funds. He will participate in events related to the funds and provide advice in the development of potential investments.
Ken Gullicksen has been named a venture partner at Morgenthaler Ventures. Gullicksen was a founding partner of FiberStreet and a former director of business development with Nortel networks. In his new position, Gullicksen is responsible for identifying early-stage technology companies in the enterprise computing and broadband communications markets.
Wolfgang Schwerdtle has joined Cambridge Capital Partners LLC as a principal. Prior to joining the Chicago-based firm, Schwerdtle worked at Madison Dearborn Partners, where he was responsible for sourcing, evaluating, executing and monitoring private equity investments. Schwerdtle has also worked in the investment banking division of Goldman, Sachs & Co.
Alex Tosheffas has joined St. Paul Venture Capital, an early stage venture capital firm, as a venture partner. Prior to joining the Minneapolis-based firm, Tosheff served as corporate vice president and chief technology officer for this firmís global telecommunications group.
Joseph Zeel has signed on as a general partner at Grotech Capital Group. At the Timonium, MD-based firm, Zell will focus on investments in the firmís emerging industries practice, with an emphasis on communications, networking, software and outsourcing. Prior to joining the firm, Zell served as president and chief executive of a venture-backed telecom company.