News Briefs

While Del Biaggio Son Awaits Sentencing, Parents to be Honored

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It may not have been the best of weekends in the Del Biaggio home.

Last week, onetime Sand Hill Capital GP William “Boots” Del Biaggio pled guilty to a single count of securities fraud in a federal court in San Francisco. He’s now awaiting sentencing.

Earlier today–talk about bittersweet–it was announced that Silicon Valley philanthropists Bill and Helen Del Biaggio, the parents of Boots, will be honored at the upcoming Valley of Heart’s Delight fundraising dinner.

The couple “have been instrumental in contributing to the quality and culture of our valley,” said Alida Bray, president and CEO of History San Jose. “As community leaders in San Jose, they are gracious and open-hearted supporters of art, social justice and many local nonprofits.”

The event is slated for June 18 at History Park in San Jose, Calif. That’s eight days after son Boots is to be sentenced on June 10. He is expected to receive six to eight years for his offense.