MMC Ventures has appointed Jon Coker, an MMC team member for nine years, as Managing Partner to share the responsibility of the day-to-day running of the business with Founder and Managing Partner Bruce Macfarlane.
Since joining MMC in 2007 from JP Morgan, Coker has been influential in a number of successful investments, with the successful exit of Total Mobile the most recent. Coker also sits on the board of a number of high profile MMC portfolio businesses including SafeGuard, Gousto and CloudSense and was nominated for Investor of the Year at 2015’s Investor Allstar Awards.
MMC has also enlisted the talents of David Kelnar as its Investment Director and Head of Research. Dav Kelnar id has seven years of entrepreneurial leadership experience, having twice been the founding CEO or CFO of award-winning, high growth consumer technology companies, and serves as an advisor to several early stage companies. Previously, Kelnar co-managed European software research at Goldman Sachs in London, and at New York hedge fund Calypso Capital. At MMC, Kelnar will lead the Firm’s research team to deliver exceptional returns through a deep understanding of the technologies and markets in which MMC invests.
In addition, Dan Bailey and Margaret Perchik have joined the investment team as Associates, where they will research, source and execute deals. Bailey spent two years as an Analyst in the UK Corporate Finance Team at Deutsche Bank. Perchik has been promoted from the role of Financial Analyst having joined MMC in 2013. Furthermore, Cameron Grant has joined as an Analyst.
Bruce Macfarlane, Managing Partner at MMC Ventures, says: “I could not be more proud of the growth of MMC Ventures, as reflected in our impressive 2015 and this latest round of promotions and appointments. The portfolio holds a great deal of promise and our deal-flow continues to offer compelling opportunities. I am especially pleased to welcome Jon as my co-Managing Partner – I’m really looking forward to sharing with him the day-to-day management of the Firm and executing together our strategy for long term success.”
Jon Coker, Co-Managing Partner at MMC Ventures, says: “I am delighted to join Bruce as Managing Partner at MMC. Bruce has been a mentor to me over the last nine years and I am honoured now to work alongside him as we propel MMC to its next stage of growth. The founders of MMC have established a culture of opportunity and development from which I have benefited greatly, and I look forward to extending that culture as we expand our team.”
