Peter Tague, formerly Citi's co-head of global mergers and acquisitions, has entered the venture capital space, leading international offices for In-Q-Tel.

In-Q-Tel (IQT), the strategic venture investment unit of the US intelligence services, has opened its first international offices and hired Peter Tague from financial services firm Citi as executive vice-president.

Tague will lead the international investments teams, which will be based in London, UK, and Sydney, Australia. He was previously vice-chairman and co-head of global mergers and acquisitions at Citi.

IQT said in a statement: “Our core strength is our ability to identify and deliver insights and access to new…

James Mawson

James Mawson is founder and chief executive of Global Venturing.