ATLANTA, June 20, 2016 /PRNewswire/ -- BIP Capital, one of the top Venture Capital firms in the Southeast, announced today that it has appointed Todd Knudsen as its new VP of Finance. With over 19 years of accounting and finance experience, the breadth and depth of Todd's background is a welcomed addition to the BIP Capital team.
"The opportunity presented to me at BIP Capital was a natural next step in my professional career and one that I am very excited about," says Knudsen.
Prior to joining BIP Capital, Knudsen served as Chief Financial Officer at Chatham Capital, a private equity firm with over $435 million in assets under management. He has also held roles as the CFO and head of credit for FTRANS Corp, a VC-backed specialty finance company, as Vice President at Wachovia Bank, managing a $925 million portfolio, and at Arthur Andersen, performing audit and consulting services for both public and private companies.
Founded in 2007, BIP Capital has invested more than $160 million over the last 8 years, predominantly across four assets classes: Private Equity, Growth Venture Capital, Early-Stage Venture Capital, and Private Debt.
"As BIP Capital continues its growth with Institutions, Family Offices, and High-Net Worth Investors, adding an experienced talent like Todd is a natural next step. In addition to his finance background, he has deep experience with regulatory compliance and internal controls, both of which are continued areas of focus to stay ahead of the ever-changing regulatory landscape. We are happy to have Todd on the team and know his experience and oversight will allow us to continue our focus on bringing outsized returns to our investors, founders and operators," says Mark Buffington, Managing Director of BIP Capital.
Mr. Knudsen received a BS in Accounting with high honors from the University of Illinois at Urbana-Champaign and an MBA from Emory University. He is a Certified Public Accountant (CPA) and holds the Chartered Financial Analyst (CFA) designation.
About BIP Capital
BIP Capital is recognized as one of the most active venture investors in the Southeast, serving entrepreneurs, investors, and operators to grow the emerging company ecosystem. They apply experience and process to make investment decisions and operational recommendations, allowing their portfolio companies to achieve and stay on a glide path of growth. Areas of focus include Software, Healthcare IT, Digital Media, Franchise and Ed Tech.
Media contact: Ashley Rodriguez, email@example.com, 1-571-3126174
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bip-capital-names-todd-knudsen-vp-of-finance-300286792.html
SOURCE BIP Capital