Mark Fernandes is a supurlo Goenkar with his roots in Saligao. He has a BE from Manipal, a Master's degree in Mechanical Engineering from Berkeley and a MBA from Harvard. Their company's investment is only for Institutions or big - "really big" investors (like endowments).
I call on all cyberGoans to post a write up on a contemporary successful Goan who could be a role model to the rest of us. This would be a lot better than endless posts on: Before and After 1961, or Celibacy in the Church, or Caste. Kind Regards, GL Considering Next Fund, Sierra Ventures Promotes Four By VentureWire Staff Reporters 3/31/2006 Sierra Ventures, an early-stage venture capital firm, promoted four senior investment professionals as it will likely raise its ninth fund later this year. "The firm probably will be raising a fund," said Chief Financial Officer Martha Clarke Adamson. She would not provide details on the targeted size of the fund. Adamson said the promotions were not based on the fund-raising plans but rather the four people "have just proven themselves." Mark Fernandes and Ben Yu have been named managing directors. Jeff Loomans becomes partner; Mike Scanlin is now venture partner. The firm now has 12 investment professionals, including seven managing directors. Fernandes, 36 years old, was most recently a venture partner. Since joining the firm in 2002, his investments include FrontBridge Technologies Inc., an email management and archiving company bought by Microsoft Corp. last July for an undisclosed sum; and SourceFire Inc., a network security intrusion prevention company that Check Point Software Technologies Ltd. announced it would acquire last October for $225 million. Adamson said the firm's initial investment ranges from $2 million to as high as $15 million with an overall investment per company peaking at $30 million. Sierra Ventures, based in Menlo Park, Calif., invests across several information technology sectors, including enterprise software, semiconductors, Internet infrastructure, telecommunications hardware, software and services. The firm closed its last fund, Sierra Ventures VIII, in 2000. Founded in 1982, Sierra Ventures has more than $1 billion under management. _____________________________________________ Do not post admin requests to the list. Goanet mailing list ([email protected]) Help/Unsubscribe/Update your Subscription: %(user_optionsurl)s This email sent to %(user_address)s
