Kathryn Coffey Joins FTVentures as Managing Director
- Former Deutsche Bank Managing Director joins firm that focuses on business services and software for financial services industry
- Seeks to leverage extensive global partner network
Thursday, September 4, 2003
San Francisco, CA - Kathryn E. Coffey, 42, has joined FTVentures, the San Francisco-based firm that invests in companies that provide software or business services vital to the financial services industry. She most recently managed the Equity Private Placement Group in San Francisco for Deutsche Bank, having established this West Coast office in 1998.
In the newly created position of Managing Director of Business Development, Ms. Coffey will work to expand the firm's extensive global network that stems from its institutional Limited Partners, 38 of the world's largest financial institutions. She will work closely with the firm's portfolio companies on business expansion opportunities and will strive to extend and deepen relationships with other venture capital and private equity firms.
"The opportunity at FTVentures enables me to truly leverage my twenty years of financial services industry experience and relationships within a firm that has created an unmatched partner network and communication program," explained Ms. Coffey. "The team at FTVentures successfully utilizes its global partnerships to identify technology and operating trends and to facilitate an ongoing forum for investment idea generation. I am looking forward to joining this dynamic group of professionals."
"Kathy brings proven expertise in establishing, maintaining and expanding senior level relationships based on quality transactions, execution and advice," said James Hale, FTVentures Managing Partner. "We had the opportunity to work with Kathy during her years at Deutsche Bank, one of our Limited Partners. She is highly regarded in the industry and will bring tremendous value to our unique global partner network that is the cornerstone of the FTVentures business model."
In her former position as Managing Director and head of Deutsche Bank's Equity Private Placement Group in San Francisco, Ms. Coffey oversaw the completion of private equity transactions for private and public clients in the technology, health care, media and consumer sectors. Prior to founding the Equity Private Placement Group, Ms. Coffey had responsibility for the origination, structuring and execution of mergers and acquisitions assignments for Deutsche Bank's (formerly Alex Brown & Sons) West Coast-based clients.
Prior to joining Alex Brown & Sons in 1994, Ms. Coffey was an officer in Merrill Lynch's Mergers and Acquisitions Group in New York City.
Ms. Coffey holds a B.A. in Economics from Wellesley College and an M.B.A. from The Darden School at the University of Virginia.
Founded in 1998, FTVentures was the first venture capital firm in the U.S. to focus on technologies that benefit the global financial services industry. FTVentures now has over $623 million in total capital under management and is a leading investor in information technologies. FTVentures invests primarily in private companies developing products and services in software and payment & business services, with a particular emphasis on companies that enable financial institutions worldwide to expand and to operate more efficiently.
FTVentures' investors are 38 of the world's leading financial institutions and include AIG, Bank of America, BNP Paribas, Charles Schwab, Citigroup, Credit Suisse Group, Deutsche Bank, DBS Bank, GE Capital, HSBC Holdings, Key Principal Partners, National City, Skandinaviska Enskilda Banken (SEB), Standard Chartered Bank, US Bancorp and Wells Fargo.
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