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Third Security hires two new managing directors

Third Security, an independent private equity and venture capital firm that focuses on investments in life sciences and information technology, has appointed two new managing directors, Je

Third Security, an independent private equity and venture capital firm that focuses on investments in life sciences and information technology, has appointed two new managing directors, Jeff Perez and Jeff Stark.

Perez has joined the firm as managing director and associate general counsel for intellectual property, evaluating the intellectual property portfolios of potential investments for Third Security’s funds, and working with current investee companies to evaluate and develop their own intellectual property positions. Perez was previously with the litigation and intellectual property practice team at law firm Hunton & Williams in Washington.

Stark, who has joined Third Security as a managing director, will work closely with the firm’s portfolio companies to seize opportunities in developing markets. He was previously a managing director for Tyco Telecommunications for Europe, the Middle East and Africa.

Earlier he worked in the information, communications and technology sector with Pacific Century Cyber Works and Global TeleSystems, including a four-year period during which he lived in Russia building fibre optic systems and data networks in the former Soviet Union.

‘We are pleased to have two such talented people join our team as managing directors this summer,’ says Third Security chief executive Randal Kirk. ‘We look forward to working with them in the coming years, and expect their tenure with Third Security to be rewarding for our firm, our portfolio companies, and Mr. Perez and Mr. Stark themselves.’

Established in 1999, Third Security is an independent private equity and venture capital firm based in Radford, Virginia that manages investments in public and private companies. While evaluating opportunities in a wide range of industries, the firm focuses principally on emerging through late-stage investments in life sciences and information technology.

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