Fin Capital taps Cirella as CCO as it raises new funds

Fin Capital, which is planning to raise more than $1 billion for several funds, has named Nicholas Cirella as general counsel and chief compliance officer.

Cirella will be responsible for overseeing legal and compliance matters at the San Francisco-based firm, which also has offices in London, Los Angeles, Miami and New York.

“As full lifecycle asset managers, Fin Capital will benefit from Nick’s extensive legal expertise and understanding of the asset management ecosystem,” firm founder Logan Allin said in a statement. “His contributions will be instrumental in steering our firm’s growth during this exciting next phase.”

Cirella’s career highlights include legal and compliance roles at Steadview Capital, Temasek and Farallon Capital Management. He also worked as a corporate attorney at law firms Willkie, Farr, & Gallagher and Wilson Sonsini Goodrich & Rosati.

Founded in 2018, Fin invests in B2B fintech companies across the US, UK and Europe. It has more than $1 billion in assets under management.

The firm did not comment on fundraising in its statement about the hiring of Cirella. But Venture Capital Journal research shows it is pre-marketing to fundraise for Fin Regatta III, a pre-seed fund with a target of $125 million; Fin VC Horizons III, a growth fund targeting $325 million; Fin VC Flagship III, an early-stage fund targeting $250 million; and Fin VC Horizons III Side Car, a sidecar vehicle targeting $325 million.

Fin previously closed on five funds from 2019 to 2022, including Fin VC Flagship II, which raised $175 million in 2021, and Fin VC Horizons II, which raised $230 million in May 2022, VCJ research shows.

This story has been updated to clarify that Fin is pre-marketing new funds and hasn’t formally started fundraising.