Target takes on partner

Munich-based VC Target Partners has hired Michael Brehm as a venture partner. He will be responsible for focusing on start-ups and consumer internet.

Brehm was formerly a managing director of Berlin-based VZned Netzwerke. He is an active business angel and has invested in numerous companies since 2006.

Target Partners is a German-based early stage venture capital fund. The firm supports entrepreneurs in developing marketing products and services, building organisations, raising money and taking companies public in both the US and Europe.