[0] Impact Venture Partners Names Rene Benedetto as Principal.Business Editors NEW YORK--(BUSINESS WIRE)--March 6, 2000 Impact Venture Partners, L.P., a leading early-stage Internet venture capital fund, announced that Rene Benedetto, the former Director of CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company Capital Partners, has joined the company as Principal. Ms. Benedetto will actively be involved in all aspects of private equity investments, including deal sourcing, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , portfolio management and strategic direction. Impact Venture Partners, founded by Adam Dell, is dedicated to bringing early-stage venture capital strategy and style to the underserved Northeast. Prior to joining Impact Venture Partners, Ms. Benedetto held senior-level positions with CIBC Capital Partners, Baine & Company and NationsBank, where her transaction experience included Internet customer software, B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. software, wireless Internet Service Providers and e-commerce health providers. Commenting on the appointment, Adam Dell, Managing General Partner of Impact Venture Partners said, "Rene brings to the firm significant experience from the venture capital world, having spearheaded transactions for many well known companies such as GoAmerica, Urbanfetch.com and Vitamins.com. Her contribution will undoubtedly prove invaluable in the analysis and selection of our companies portfolio." "I strongly believe in Adam's vision of bringing a West Coast mentality and entrepreneurial spirit to the East Coast venture capital community. This is a great opportunity to get in on the ground floor and help build Impact into the preeminent East Coast based early-stage venture capital firm, said Ms. Benedetto. "The ubiquity of the Internet will force change upon nearly every individual, business and industry. Our goal is to partner with entrepreneurs who possess the ability, passion and foresight to build organizations that will capitalize on this change." Ms. Benedetto received her M.B.A from The Wharton School at The University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. . She earned her undergraduate degree from The University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System. The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas . About Impact Venture Partners Impact Venture Partners, L.P. is a $100 million venture capital fund that invests in early stage companies offering Internet-related products and services. The Fund's mission is to achieve superior returns by identifying innovative companies addressing the needs of large emerging markets, investing across the life cycles of these ventures and working closely with entrepreneurs to build successful enterprises. Portfolio companies include National Transportation Exchange (NTE (NT Embedded) See Windows XP Embedded. ), iMark.com, CenterBeam, Opus360/FreeAgent.com, CarsDirect.com, Buzzsaw.com, Openrable.com, GoAmerica, Keen.com and PartMiner.com. The Fund's founder, Adam Dell, is an experienced venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. exclusively focused on the Internet. Formerly a partner with Crosspoint Venture Partners in Northern California, he has acted in all aspects of the venture process, including deal sourcing, due diligence, negotiation and portfolio management. This release and prior releases are available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide website at www.kcsa.com |
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