Boston-based Tiger Iron Capital added the LP veteran Amit Tiwari to its team as its third managing partner and opened a new office in San Francisco.
Tiwari began Oct 1. The new Tiger Iron office is located at Third and Mission Streets in the venture-heavy region of San Francisco known as South of Market.
Tiwari previously was at Invesco, which he joined in 2005, according to his LinkedIn profile.
At Invesco, he most recently was co-managing partner of the private capital group. Before that, he held investment positions on the PE staffs at California State Teachers’ Retirement System and at Credit Suisse.
He joins Tiger Iron as the LP approaches its three-year anniversary. Co-Founders and Managing Partners Becky Connolly and Matt Schaefer, who both previously were with Fairview Capital Partners, launched Tiger Iron in January 2016.
The firm’s mandate is to invest solely in venture funds. It has invested on behalf of large state pension plans nationwide, and it has cut checks ranging from $5 million to $100 million in venture funds ranging from seed to growth-stage firms, Connolly said.
Connolly noted that since the firm’s exclusive focus is on venture, its investments are predominantly on the West Coast.
Although Tiger Iron looks at up-and-coming venture funds, “we’re not necessarily looking for new funds,” Connolly said. “But we are looking to be in the best VC funds in the world.”