Erik Jorgensen has left Intel Capital, the corporate venturing subsidiary of US-listed semiconductor technology provider Intel, to be managing director of Macquarie Capital’s European principal investment business.
Macquarie Capital is the corporate advisory, capital markets and principal investment arm of Australia-based investment and banking firm Macquarie Group.
Reporting to Hugh Briggs, a senior managing director and head of Macquarie Capital’s principal investment business in Europe, Jorgensen will work alongside Bill Rogers in the Green Investment Group.
Jorgensen will focus on investments in infrastructure technology (infratech), covering areas such as energy and renewables, utilities, transportation, smart cities and grids, batteries and other energy storage technologies.
Macquarie Capital’s recruitment of Jorgenson follows its joint venture with monitoring and controls firm Spectris in December 2017, and the launch of its infratech partnership with marketing agency R/GA’s Venture Studio in New York earlier this month.
Jorgensen had been a UK-based investment director at Intel Capital for 10 years and his deals there include Sweden-based payments business iZettle, Finland-based open source database provider MariaDB and Germany-based electric aircraft developer Volocopter.
Jorgensen began his career more than 20 years ago at San Francisco-based investment bank Hambrecht & Quist working on mergers and acquisitions for high-growth companies in the communications, semiconductor and software industries.
Briggs said: “Erik brings a wealth of knowledge and global perspective on growth technology companies, having accrued more than 16 years of experience working for venture capital funds and with technology companies in Europe, Asia-Pacific and the US.
“His appointment is an important step in working towards our global ambitions in the infratech space.”
– Photo of Erik Jorgenson courtesy of LinkedIn.