Allegis Capital, a US-based venture capital firm with close links to strategic investors, has hired Kendall Cooper as its chief financial officer.
Cooper previously held the same role at VC firm Mayfield and before that was a managing member of Sequoia Capital VIII, overseeing the Fund’s wind-down phase for top-tier VC Sequoia Capital, and as a consultant to Cardinal Venture Capital, assisting with new fund formation, fund-raising, strategic planning and administrative activities.
Previously, Cooper was chief financial officer, general partner and managing member of four venture funds at Dominion Ventures.
Cooper said: "Allegis’ partners roll up their sleeves and play significant roles to help make their companies successful. This is not only a great fit with my background, but also with my interests in working more closely with portfolio companies.
"Additionally, the smaller investment team size gives me the opportunity to expand my skills into new areas while also playing a leadership role within the firm."
Robert Ackerman, the founder of Allegis and one of its managing directors, said: "This is a very strategic position at our firm and we look forward to Kendall’s leadership in ensuring that we are at the forefront of ‘best practices’ in working with both our limited partners and our portfolio companies."
Allegis manages more than $500m with an investment focus on the digital economy and security and works with multi-national corporations to add strategic value and support the growth of its portfolio companies.