PALO ALTO, Calif., September 26, 2007 - SVB Capital Partners, the funds management team within SVB Financial Group (Nasdaq: SIVB), has hired two senior members, John Dominguez and Vincent C. Williams to expand its funds team.
Effective immediately, Dominguez joins SVB as a partner on the
funds management team to help broaden the firm's investment
capabilities in later-stage private equity, growth capital and
buyouts. Williams also joins SVB as a partner responsible for
product development and fund raising in the mid- to large-size
institutional markets. He will focus primarily on corporate and
public pension plans.
SVB Capital leverages the SVB Financial Group platform and its
unique and long-standing relationships in its target markets to
access oversubscribed, invitation-only private equity funds and
company financings on behalf of its fund of funds and direct fund
investors in the U.S. and internationally. SVB Capital Partners
also benefits from the wealth of industry information the SVB
platform provides, which is used in conjunction with proven
investment selection expertise when deploying right-sized funds
focused on top-tier performers. The SVB Capital family of funds
exceeds one billion dollars and includes fund of funds, direct
funds, venture debt funds and specialty debt funds invested
primarily on behalf of endowments and foundations.
"Our relationships and insight into the venture capital industry
have allowed us to grow our funds business substantially in
recent years," said Mark MacLennan, president, SVB Capital.
"Vincent and John bring years of experience in funds management
and deep relationships with institutional investors to our team.
Together, we will diversify our venture capital and private
equity products as well as our LP relationships domestically and
John Dominguez joins SVB Capital from Hall Capital Management LLC
where he was manager of the Private Equity Group, covering
venture capital, private equity and leveraged buyout investments.
Previously, Dominguez was a founding principal and managing
director of PrivateTrade Inc. and the director of Alternative
Investments for the Public Employees' Retirement Association
(PERA) of Colorado.
Dominguez has more than ten years of private equity investment
experience and he has served on numerous private equity fund
advisory boards focused on the U.S., European and Asian markets.
He earned a bachelor's degree in finance and a master's in
business administration from the University of Colorado.
Vincent Williams became an investment manager focused on large
public funds in 1995 after serving as a business lawyer for a
decade. Most recently, Williams was senior vice president and
managing director of institutional sales for Northern Trust
Global Investments in Chicago where he was responsible for
developing and implementing the company's business strategy
within the public and corporate marketplace for North America.
Prior to Northern, Williams was a director of public funds for
Victory Capital Management, and a senior vice president at
Mesirow Financial Inc., where he began fundraising for private
equity and venture capital.
Williams is a former board member for the National Association of
Securities Professionals, and holds a bachelor's degree in
economics from Northwestern University and a juris doctorate from
the University of California, San Francisco.
Both Dominguez and Williams will be based in the Palo Alto office
of SVB Capital.
About SVB Capital
SVB Capital is the private equity arm of SVB Financial Group. SVB
Capital Partners, the unit's funds management group, invests in
private equity funds and directly in portfolio companies on
behalf of SVB Financial Group and third-party investors. The SVB
Capital family of funds exceeds $1 billion and includes funds of
funds, direct funds, venture debt funds and special situation
debt funds, all invested predominantly on behalf of endowments
and foundations. SVB Capital's Private Equity Group manages the
company's relationships with more than 500 venture capital and
private equity clients worldwide. In addition, the group
introduces entrepreneurial companies to sources of venture
financing. Located in Palo Alto, Calif., SVB Capital is a member
of global financial services firm SVB Financial Group, with SVB
Silicon Valley Bank, SVB Analytics, SVB Global and SVB Private
Client Services. SVB Capital serves clients across the U.S. and
in technology-focused markets worldwide. Additional information
is available at www.svbcapital.com.
SVB Capital is a non-bank member of SVB
Financial Group. Products and services offered by SVB Capital are
not insured by the FDIC or any other Federal Government Agency
and are not guaranteed by Silicon Valley Bank or its affiliates.
Banking services are provided by Silicon Valley Bank. Silicon
Valley Bank is a member of the FDIC and the Federal Reserve and
it is the California bank subsidiary of SVB Financial Group,
which is also a member of the Federal Reserve.