People in the news, May 14, 2007

Beisel joins Venrock

Venrock has quietly hired David Beisel to help build out its digital media practice. Beisel is perhaps best known to Web denizens for his “Genuine VC” blog. He previously spent several years with Masthead Venture Partners, and also oversees a Boston-area networking confab called the Web Innovators Group.

Beisel’s first day with Venrock was last week, and he’ll serve as a vice president in the firm’s Cambridge, Mass. office. He joins the firm shortly after it closed $600 million for its fifth fund.

Beisel said that he expects to focus on the consumer-facing and infrastructure wings of digital media. Most of his deal-sourcing will be East Coast, with a particular focus on the greater Boston area.

“Boston is a historic technology hub, but you need to inject media into it, whereas New York is almost the exact opposite,” Beisel says. “Both areas have some work to do, obviously, but I think there are great opportunities here, particularly in Cambridge.”

H.I.G. boosts staff

Hank Boughner

and John Baurnstark have joined H.I.G. Capital as a managing director and entrepreneur-in-residence, respectively. Boughner, who will focus on venture and growth equity opportunities in the tech and business services spaces, was previously was with Goldman Sachs’ private equity group in charge of direct, fund and secondary investments in the tech sector. Baurnstark previously was with IBM, most recently in charge of the WebSphere customer center unit.


The University of Texas Investment Management Co. (UTIMCO) has tapped Bruce Zimmerman as its new CEO. He previously was CIO and global head of pension investments for Citigroup. He replaces Bob Boldt, who resigned from UTIMCO last fall.

Sofinnova adds new star Ringo

Bill Ringo

has joined Sofinnova Ventures as an executive-in-residence, focused on the life sciences market. Ringo is the former president and CEO of Abgenix Inc., which was sold to Amgen last year for $2.7 billion.

Probitas bolsters team

Probitas Partners

has hired Jonathan Jameson as a principal and promoted Jack Wills to principal. Jameson will work out of New York. He previously was a managing director with Rothschild Inc. Willis joined Probitas in November 2004 as a vice president on the project management team, after having previously been with Citigroup.

Fisher Lynch reels in Bartlett

Marshall Bartlett

has joined Fisher Lynch Capital as a Boston-based managing director. He will focus on co-investing and fund-of-funds activities. He previously was a partner with Parthenon Capital.

Ex-Vulcan treks over to Maveron

Eric Monsowitz

has joined Seattle-based venture capital firm Maveron as a senior associate. He previously was a business development consultant with Vulcan Inc.

Haddington MD resigns

Larry Bickle

has resigned as principal and managing director of Haddington Ventures, a Houston, Texas-based private equity firm that invests in the energy industry. Bickle says that he plans to spend more time at the “operating company level mentoring young people.” He has agreed to sell his interests in Haddington and various affiliates back to the firm. Bickle co-founded the firm in 1998.

Bole bolts to Quantum

David Bole

has joined Quantum Energy Partners as a managing director. The Houston, Texas-based private equity firm invests in the energy industry, specifically the oil and gas sector. Bole previously was president of SouthView Energy and, before that, was a managing director with Randall & Dewy, a division of Jefferies & Co. —PE Week staff