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VC lures larger firm's partner

Richland veteran will help manage new $160M fund


07-11-2008 6:15 AM

David Fitzgerald has joined Petra Capital Partners as venture partner.

Fitzgerald comes to Green Hills-based Petra from Richland Ventures, where he was partner. At Petra, he will help invest the new $160 million Petra Growth Fund II. A graduate of Washington & Lee University, he has focused his investments on healthcare, information technology and business services companies.

In addition to its new fund, Petra also manages about $150 million through two other vehicles. Managing Partner Mike Blackburn also worked at Richland before founding the firm almost 10 years ago.

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