Lucinda Stewart was promoted to partner at OVP Venture Partners. She joined the Kirkland, Wash.-based firm three years ago as a principal, and has focused on investments in the software infrastructure and wireless technology sectors.

Karen Gershman will serve as interim executive director of MassPRIM, until a replacement is found for departing executive director James Hearty. Gershman has served as MassPRIMís CFO since 2001.

Anthony Maher, a partner with Star Venture Management, was named chairman at Alvarion Ltd. (Nasdaq: ALVR). He has served on the Alvarion board since 2001.

Robert Reynolds has joined Adams, Harkness & Hill as a managing director and head of West Coast investment banking. Reynolds, who will run the Boston-based firmís San Francisco office, was previously with RBC Capital Markets.

Nkosana Moyo, the former industry and international trade minister for Zimbabwe, has been named head of Africa CDC Capital Partners. He resigned from his ministerial job in 2001.

Peter Currie, a general partner with General Atlantic Partners, has joined the board of directors at Critical Path Inc. (Nasdaq: CPTH).

Michael Ward has joined the London office of Apax Partners as a partner focused on investment opportunities in the retail and consumer spaces.

Kevin Hennessey has been named a managing partner with Alley Ventures LLC, a VC firm developed by Minnesota health care trade association Medical Alley. Hennessey will run the new firmís early-stage venture fund, after having served as a venture partner with Mayo Medical.