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David Thomas new chairman of Latin American Venture Capital Association

08/09/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityThe Latin American Venture Capital Association's board of directors has elected David E Thomas, managing director of Intel Capital Latin America, as the Association's new chairman. He succeeds Richard Frank, CEO of Darby Overseas Investments.

'I take pride in assuming chairmanship of LAVCA,' said Thomas. 'Intel Capital joined LAVCA because of its demonstrated industry leadership and commitment to its programme-driven mission. I look forward to seeing LAVCA to the next level.'

'A clear priority for me as chair of LAVCA is to help the association be a voice in the region. We need to demonstrate the importance of venture capital for stimulating entrepreneurship and new company formation. In addition, encouraging legal and regulatory reforms is important to our goal of attracting sustained investment to the region,' Thomas continued.

The mission of the LAVCA is to promote the growth of the venture capital and private equity industry in Latin America and the Caribbean through research, education, networking, best practices and the advocacy of sound public policy. LAVCA is a not-for-profit trade association serving a core membership of venture capital and private equity fund managers active in the region.

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