New York-based venture capital firm Greycroft Partners announced the addition of three senior executives, according to an article today in <a href=https://dealbook.nytimes.com/2011/04/25/venture-capital-firm-greycroft-partners-expands-team target=_blank.DealBook.
The firm has hired Paul Bricault, a former executive vice president of the William Morris Agency and entrepreneur Kirill Sheynkman as venture partners. Alan Gould, the former co-chief executive of IAG Research has also joined the firm as an executive-in-residence.
Greycroft's expansion comes as several U.S. venture capital firms increase their staff and raise new funds, says DealBook.
In the first quarter, venture capital firms raised more than $7.09 billion, the best annual start since 2001, according to Thomson Reuters and the National Venture Capital Association.
"With these additions, the firm seeks to expand its technical, marketing, and investment capacity, identify new opportunities, and provide extra resources to its portfolio companies," founder and managing director of Greycroft, Alan Patricof, said in a statement today.
Greycroft, which has made investments in several Internet companies like The Huffington Post and GlamMedia, also announced today the promotion of Marissa Campise to principal. Prior to joining Greycroft last year, Ms. Campise was an associate at Lindzon Capital Partners, where she analyzed technology investment opportunities for the firm, notes DealBook.