Key Takeaways
- • Lightspeed Venture Partners hired Adil Haque from EQT Partners as its Head of Capital Partnerships, according to The Wall Street Journal.
- • The appointment signals a move toward a more systematic approach to managing relationships with the firm's limited partners (LPs).
- • Michael Romano, the firm's Chief Business Officer and Global Head of capital formation, brings more than 20 years of experience in private-markets fundraising.
- • The role sits within the firm's broader capital-formation function, which is responsible for raising capital from institutional and other investors.
Summary
Lightspeed Venture Partners, the multi-stage venture capital firm, has hired Adil Haque from EQT Partners to serve as its Head of Capital Partnerships, according to a Wall Street Journal exclusive. The move reflects the firm's stated intention to evolve its approach to limited partner relationships, with the hire expected to lead a more systematic approach to investor engagement.
The appointment places Haque within the firm's capital formation function, which is led by Michael Romano, Lightspeed's Chief Business Officer and Global Head of capital formation. Romano brings more than 20 years of experience leading global fundraising in private markets, according to the firm's published profile. The hire indicates that Lightspeed is building dedicated capacity around investor relations as competition for institutional capital in venture has intensified.
Further details on the scope of Haque's mandate, compensation, and specific reporting lines were not available in the sources reviewed.
The appointment places Haque within the firm's capital formation function, which is led by Michael Romano, Lightspeed's Chief Business Officer and Global Head of capital formation. Romano brings more than 20 years of experience leading global fundraising in private markets, according to the firm's published profile. The hire indicates that Lightspeed is building dedicated capacity around investor relations as competition for institutional capital in venture has intensified.
Further details on the scope of Haque's mandate, compensation, and specific reporting lines were not available in the sources reviewed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.