‘Super LP’ Douvos has landed

Nov 29, 2011

Dan Primack was a senior editor at Fortune from 2010 to 2016. He was also the author of Term Sheet, Fortune's daily newsletter about deals and dealmakers.

One of venture capital's most colorful limited partners gets a new gig.

Six months after stepping down as co-head of private equity investing for The Investment Fund for Foundations, Chris Douvos has a new job: Managing director with Venture Investment Associates, where he will help open a Silicon Valley office.

VIA is a New Jersey-based fund-of-funds manager that stays mostly under the radar, despite managing more than $1 billion in venture capital and private equity assets (including an initial fund that really was a transfer of interests from American Express). Douvos has known the firm founders -- Stathis Andris and his son Jason -- since his time at Princeton Investment Management Co., and tells me that he has considered  them to be “mentors.”

Expect Douvos to continue his emphasis on seed-stage and micro-VC fund managers, while also working on more traditional venture and private equity efforts. He will be joined in the Silicon Valley office by principal Jennifer Ayer, who previously was a marketing director for Samson Capital Advisors.

VIA has not yet signed an office lease in Silicon Valley, but expects to do so soon in Palo Alto.

Also good to hear that Douvos will continue writing his entertaining SuperLP blog – otherwise known as the only blog written by a LP about LP issues. A formal announcement about Douvos' hire is on tap for later today.


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