Ritchie Capital Management, has appointed Mark W King as Managing Director, Risk, in the Life Sciences and Technology Finance Group. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
King will be responsible for all due diligence and operations required for funding and closing transactions.
"Mark's expertise in risk is vital to a successful finance business and, consequently, he will play an important role in the development of the Life Sciences and Technology Finance Group," said Thane Ritchie, CEO of Ritchie Capital Management.
Before joining Ritchie Capital management, King, who brings more than 15 years experience to his new role, was Senior Vice President, Risk Management for GE Commercial Finance. Prior to that he was a Vice President, Senior Underwriter for Heller Venture Finance. And prior to that he was Vice President, Originations for LINC Capital from 1998 to 1999, having previously held the position Vice President, Director of Credit, Portfolio and Operations. He began his career as a Program Officer with Opportunity International in 1988.
Background notes: Ritchie Capital Management, LLC, is a diversified alternative asset management firm established in 1998 with interests in hedge funds, commodities, private equity, venture capital, insurance, energy and real estate and with offices in Chicago and Geneva IL, New York, London,Bermuda, Hong Kong and <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Menlo Park, CA.