Chris Downer has joined Sorenson Capital’s venture capital unit after three years at XL Catlin's corporate venturing arm.

Sorenson Ventures, the venture capital subsidiary of US-based private equity firm Sorenson Capital, has hired Chris Downer, a former principal at XL Innovate, the corporate venturing arm of insurance firm XL Catlin.

Sorenson Ventures targets enterprise software and security startups. It raised $110m for its oversubscribed debut vehicle in February 2019, and has since invested in fraud prevention technology developer NS8, financial data analytics platform MX and cybersecurity technology developer CyCognito.

Sorenson Capital’s investments so far include content…