Silicon Valley Bank Invests in Venture Capital and Private Equity Services... -- SANTA CLARA, Calif., May 17, 2011 /PRNewswire/ --

SANTA CLARA, Calif., May 17, 2011 /PRNewswire/ -- Silicon Valley Bank (SVB), financial partner to innovative technology and life science companies and the venture capital firms that support them, appointed technology and life science banker Mercy Forde and hired VC fund CFO Nina Labatt for its Venture Capital and Private Equity Services team, which is dedicated to providing the financial services required by venture capital and private equity firms. Having worked closely with venture capitalists for nearly 30 years, SVB has become the preferred banker to more than half of the venture capital firms in the U.S.

"We have an outstanding team that understands the unique financing needs of our venture capital and private equity partners," said Greg Becker, President and CEO of Silicon Valley Bank. "Mercy and Nina bring years of highly relevant experience to an outstanding team of professionals that deliver non-traditional financial products with world class client service. Our VC and private equity clients trust us to help finance their firm, so we continue to invest in the practice and aim to impress them with a globally-connected, tech-savvy team."

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