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He helped set up the joint venture three years ago.

In his present role as vice-president of corporate business development at Eli Lilly, he oversees acquisitions, private equity deals, partnering and corporate venturing.

Jason Freedman, 42Floors founder, said: "We had huge demand in San Francisco -- so much that we couldn't keep up. So, for the New York launch we've quadrupled our capacity by partnering with the biggest property owners and brokers beforehand."

How to structure a corporate venturing group to meet the different requirements for investing over 30 to 50 years as well as three to 10 years.

Reed Elsevier Ventures leads a $10m Series B for US-based network analytics mapper Activate Networks, investing alongside healthcare alliance Premier and Excel Venture Management.

Carlsen is on the board of PTC Therapeutics and Santaris Pharma, and was previously a board member of 7TM Pharma and Arpida.

Blausteinwas director of the University Intellectual Property Programme at DuPont from 2004 to 2008. He previously worked at DuPont in research and development portfolio management from 2000 to 2004 and as a business director for non-wovens in Europe from 1997 to 1999.