Emerging markets fund manager Da Vinci Capital has hired Gregory Bedrosian, co-founder of four investment firms, to head the evaluation committee for companies being considered for inclusion in the portfolio of the firm’s Emerging Technologies Fund III.
Da Vinci expects to launch the fund, a vehicle for investment in technology companies across Eurasia, late in 2020 with anchor backing from major development finance institutions such as Germany’s DEG and private sector institutional investors, Da Vinci said in a statement.
Heading what the company terms the investment committee is a non-executive role. As committee chairman, Bedrosian will also be expected to give the fund strategic advice on investor relations, portfolio company governance and transaction execution.
Bedrosian, who is and will remain based in New York, is co-founder, managing partner and CEO of Drake Star Partners, a global investment bank focusing on technology, media and communications sectors.
He has also co-founded investment firms Renaissance Capital, Redwood Capital Group and Sputnik Group.
Bedrosian’s first emerging markets-focused roles were positions at the London and Moscow offices of Credit Suisse First Boston. He has spent half his career based in Europe and emerging markets.
Bedrosian is an adviser at Harvard Innovation Labs, an institution for the promotion of entrepreneurship among Harvard University students and staff, and a member of the Council on Foreign Relations, a U.S. think tank.
Da Vinci Capital, which is based in Guernsey and has offices in London, Moscow and Hong Kong, is backed by German development finance institution DEG, the European Bank for Reconstruction and Development (EBRD) and other major institutional investors.
The company has more than $400m of assets under management.
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