Corporate venturing funds find themselves inadvertently caught by the global tax and regulatory crackdown on financial services.

By the European Private Equity and Venture Capital Association, Radisson Hotel, Copenhagen, October 14-15

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ReVolt Technology, a Switzerland-based developer of rechargeable batteries backed by German energy company RWE's corporate venturing unit, has hired Wade Guindy as chief operating officer and executive vice president of technology.

Glam Media, a female-focused media company backed by Germany-based corporate venturing fund Burda Digital, has hired Bruce Jaffe as its chief financial officer (CFO) and executive vice president of corporate development.

US-listed energy services company Smith International has acquired the remaining shares in @Balance from fund manager Kenda Capital.

FoldRx Pharmaceuticals, a US-based drug developer backed by strategic investor Novartis, has made Georges Gemayel its executive chairman.