VCs on the Move, monthly recap as of Sept. 17

A compilation of personnel moves at various venture firms in the past month, including Andreessen Horowitz adding Angela Strange as a GP and the departures of more staff from Social Capital.

Social Capital, founded in 2011 by early Facebook executive Chamath Palihapitiya, has seen more departures. Most recently, Partner Mike Ghaffary, who joined a year ago, said he was leaving to focus on angel investing. Ashley Mayer, a partner and VP of marketing who joined in 2015 from Box, tweeted she had also left to pursue new adventures. And the firm has removed its team page from the website. Jonathan Hsu, a Social Capital partner and head of data science, left in July. Co-Founder Mamoon Hamid joined Kleiner Perkins a year ago. In July, Bloomberg reported that at least five investors were not going to back Social Capital’s next fund.

Chamath Palihapitiya, founder of Social Capital, speaks during the Sohn Investment Conference in New York City, May 8, 2017. REUTERS/Brendan McDermid.

Kleiner Perkins: Mary Meeker, a partner at the Silicon Valley venture firm and a well-known internet investor, is leaving the firm and taking her team with her to form a new firm. Meeker’s team, including Mood Rowghani, Noah Knauf and Juliet De Baubigny, “will raise a fresh fund of their own devoid of the Kleiner brand,” Bloomberg reported. The firm will launch in 2019.

Partech Growth promoted Victor Huberson to principal and named Henrik Grosse Hokamp an associate. Huberson, based in Paris, joined Partech in October 2017 after five years in investment banking at Bank of America Merrill Lynch. He focuses on growth investments. Hokamp joined Partech in 2015 from High-Tech Gründerfonds and was working on seed and venture investing, but will now focus on growth. He will split his time between Berlin and Paris.

Partech Growth’s Victor Huberson (left) and Henrik Grosse Hokamp. Photos courtesy of the firm.

Andreessen Horowitz promoted Angela Strange to general partner, according to GP Alex Rampell, writing on the firm’s website. Strange’s LinkedIn profile shows she first joined a16z as a partner in November 2014. Her resume includes serving as a product manager at Google. 

Angela Strange, GP at a16z. Photo courtesy of the firm.

Kayne Anderson Capital Advisors LP: Kayne Partners, the growth-equity group, promoted Leon Chen to partner and Rob Shilton to vice president, according to a source at the Los Angeles firm. Chen and Shilton first joined Kayne Partners in 2012.

Maveron, the consumer-focused investor, added Natalie Dillon as an investor. She previously was an investor with seed-stage firm Susa Ventures and was a research associate at Silicon Valley Bank.

Thessalus Capital appointed Rishi Bagaria a junior partner. The biotech and healthcare investment firm also nominated John Ennis to its advisory board.

Kleiner Perkins Caulfield & Byers: Partner and Chief Product Officer William Gordon was named to the advisory board at Mojiit, a creator of personalized 3D animated emojis.

Edison Partners added Daniel Herscovici as a partner. He previously was senior vice president and general manager at Xfinity Home. In addition, the growth-equity firm added Jay Naik and Alexandria Symos to its Edison Edge platform. Naik, an operating partner at Edison, will lead a new practice focused on helping portfolio companies “build and scale differentiated product platforms for market and customer expansion.” Symos, a vice president at Edison, will join Edison Edge’s sales-and-marketing-acceleration practice.