JPMorgan hires Silicon Valley Bank Executives for New Venture Capital Coverage Team
JPMorgan Chase & Co. announced they have hired a team of four bankers to lead a new team in its commercial bank that connects venture capital investors with fast-growing start-ups in technology, life sciences and other fields.
Venture capital firms have long been a critical source of funds for the U.S. start-ups, and the new hires have decades of combined experience working with VC firms at Silicon Valley Bank.
Led by Pamela Aldsworth, the group will include Andy Kelly, Katie Taormino and Dave Reich, all of whom joined JPMorgan from Silicon Valley Bank.
Aldsworth and Reich will be based in Boston, while Kelly and Taormino will be based in the San Francisco Bay area.
“Venture capital is the lifeblood of the innovation economy, and we will be able to bring the unmatched solutions, network and global connections clients need to be successful,” said Aldsworth.