People 5-05-03

Paul Wythes, a founding partner of Palo Alto-based Sutter Hill Ventures, received the National Venture Capital Association (NVCA) Lifetime Achievement Award. Wythes helped to found Sutter Hill Ventures in 1964.

ìIím deeply honored by this recognition from the NVCA,î says Wythes. ìI have long been involved with the organization, and look forward to continuing to be actively involved in the future. Throughout my career, I have been fortunate to encounter and foster many great business ideas and the dynamic individuals developing them. Helping entrepreneurial visions become viable realities has been extremely fulfilling.î

Richard Peritz, a semiconductor pioneer, passed away earlier this week at the age of 80. After working for Texas Instruments in the 1960ís, Peritz built Mostek Corp., Immos Corp. and Simtek Corp. He spent many of his later years focused on an early-stage venture firm called New Venture Resources. He is survived by his daughter and two grandchildren.

Alexander Cheug, formally head of research at Long Bow Capital Management, has been named a principal with Hamilton Lane Advisors. Richard Hoff, formerly of Merrill Lynch, as been named an associate with the firm, and Joseph Pavalone, coming from Konquer Capital, has joined as an associate. Additionally, Janet Bauman has come to Hamilton Lane as a staff attorney.

Carl Eibl has joined Enterprise Partners as a managing director. Eibl had been president and chief executive officer of San Diego-based Maxwell Technologies, a publicly held manufacturer of electronic components and systems, from December 1999 to April 2003.

Tim Cruttenden has been promoted to director of fund investments at VenCap International. Cruttenden joined the private equity advisory firm in 1994 from the Association of British Insurers, where he was an economist and statistician.

Matthew Crowley has been promoted to senior associate to principal with Boston Universityís Community Technology Fund. As principal, Crowley is responsible for investments in networking, electronics, and physical sciences based technologies.

Brad Bernstein has joined FTVentures as a partner. He most recently managed the business and financial services group at Oak Hill Capital Management.

Jeffrey Harris, a managing director at Warburg Pincus, has been elected chairman of the National Venture Capital Association (NVCA). He succeeds Howard Cox of Greylock, who completed his one-year term.

Mark deLaar and Michael Madden have joined Summit Partnersí venture capital arm, Summit Accelerator Fund. deLaar has been named to vice president. He was most recently a technology investing banking associate at Deutsche Bank Securities. Madden has been named an associate. Madden was most recently a financial analyst at JP Morgan in the technology, media & telecommunications group.

Peter Hoffman-Fischer has been named a senior advisor to the life sciences team of Techno Venture Management. He most recently served as managing director of Robertson Stephensí investment banking operations in Munich.

Roger Strauch, chairman of venture capital firm The Roda Group, has decided to step down from the board of directors at Ask Jeeves Inc. (Nasdaq: ASKJ). Strauch had served as the Emeryville, Calif.-based companyís first CEO, and been on the board since August of 1997.

Tom Smith, managing partner of Atlanta-based Total Technology Ventures, has joined the board of KnowledgeStorm.

Michael Callaghan, managing director of private equity at MDS Capital Corp., has been named to the board of directors at DepoMed Inc. (AMEX:DMI).