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DFJ Mercury Promotes Venture Partner In San Diego

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The firm--which invests in seed and early stage venture capital--said that it has promoted Russ Lebovitz, Ph.D., The firm said Lebovitz will focus on investments in developing and originating science-based investment themes and startup opportunities.

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Southern California Linked IPOs Grow

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The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.