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Jalak Jobanputra, RTP Ventures New Managing Director, Talks About Russian Billionaire Leonid Boguslavsky’s $120 M. Fund

Jalak

A few weeks ago we told you that RTP Ventures—the U.S. arm of ru-Net, the $700 million fund founded by Russian billionaire Leonid Boguslavsky—was on its way to naming “two splashy new hires” to join senior managing director Kirill Sheynkman. Although word got out early, as of this week, both hires have been officially announced, as well as the size of the U.S. fund: $120 million.

Battery Ventures alum Murat Bicer is RTP’s managing director in Boston and Jalak Jobanputra, the former director of emerging market mobile investments at  Omidyar Network, will be RTP’s managing director in New York, joining Mr. Sheynkman at the firm’s Third Avenue office in Midtown.

“Kirill started first investing Leonid’s money on the cloud computing and infrastructure side and I joined to look at more the consumer internet,” Ms. Jobanputra, who blogs at The Barefoot VC, told Betabeat earlier this week. Read More