Burrill, a US-based merchant bank focused on life sciences, has opened a Moscow, Russia, office led by managing director Irena Melnikova, who previously was a director of strategy and external innovation at drugs group Sanofi and a principal with TVM Capital.

News provider Fortune said Nigg would have a focus on financial services companies as his Europatweb deals included merging portfolio company Flutter into gambling website Betfair.

Diversity helps avoid groupthink and opens up a different range of opportunities that could be considered and, given the fairly poor performance of most venture teams, this can probably be of benefit.

On his LinkedIn page, Malik said he was an investment manager for the Oilfield Services Technology Environmental Opportunity Fund at Cenovus Energy.

Risa Stack and Alex de Winter have joined corporate venturing healthcare investment programme GE Healthymagination.

Terrabon, a US-based bioenergy company, has appointed Carl Rush to its board to replace Tim Cesarek, who has left its investor, Waste Management.

US-based Adaptive Planning has appointed David Pefley to its lead finance role.

Adam Smith, formerly at AOL Ventures, has joined Metamarkets, an event-based data company backed by US-based internet company AOL's corporate venturing unit, as vice president of product.