Steve Frederick has left the general partnership of Novak Biddle Venture Partners. The firm has not chosen a replacement, but has a chair open for the right person,according to Jack Biddle.Donald McDonough has joined Sentinel Capital Partners as a vice president. He most recently served in a similar role with Saratoga Partners. Sentinel recently closed its third fund with $319 million in limited partner commitments.Richard Snyder was elected chairman of Gateway Inc., as company founder Ted Waitt stepped down. Snyder is a former president of the company,
president of the company, and served as president of the venture firm Avalon Investments between 1997 and 2000.Sandra Horbach has agreed to join The Carlyle Group as managing director and head of the consumer/retail sector group, effective in September. She previously served for 17 years as a general partner of Forstmann Little & Co., where she remains as special limited partner.Brian Kinsman has joined Boston-based Bunker Hill Capital as a managing partner, and will open a West Coast office in the San Diego area.Kinsman founded San Diego-based Kinsman Capital in 1998. Before that, he was a senior managing director with Pacific Corporate Group.Paul McNamara has joined El Dorado Ventures as an entrepreneur-in-residence, with a focus on high-performance
computing, residence, with a focus on high-performance computing, enterprise software, open source and digital media. He comes to El Dorado from Silicon Graphics Inc. (NYSE: SGI), where he served as senior vice president and general manager of that companys Visual Systems Group.Justin Maccarone has joined Allied Capital as a managing director in charge of the firms New York-based investment business. He was a founding partner of the private equity group UBS Capital Americas.