Private equity firm Doughty Hanson said it would avoid raising a new venture capital firm under its team co-led by former Intel Capital directors.
Nigel Grierson (pictured) and George Powlick, co-heads of Doughty Hanson Technology Ventures, co-founded the private equity firm’s venture unit in 2000 after previously working at chip maker Intel’s corporate venturing unit in Europe.
Stephen Marquardt, chief executive of Doughty Hanson, said: “While we have had notable successes in both Real Estate and Technology Ventures, the real…
