German/US venture capital firm, TVM Techno Venture Management has announced the promotion of Hans Schreck as partner. Schreck joined the company in September 1999 as investment manager, responsible for investments in the information and communications technologies field. He specialises in optical and wireless communications, data networks, semiconductors and enterprise applications. He currently represents TVM on a number of investments as chairman of the board. Prior to joining TVM, Schreck was a founding member and vice president of Mustang Ventures, the corporate venture arm of Siemens’ Information and Communication Networks group.