TVM revamps Boston office, opens in New York

TVM, the VC firm based in Germany but with offices in Boston, is adding a general partner, Marios Fotiadis, to the Boston office, and promoting Jens Eckstein to general partner. Fotiadis has done stints at Advent International and SG Capital Partners, and also served as CEO of Achillion Pharmaceuticals. Eckstein is on the boards of Ascent Therapeutics and Magen BioSciences, and served as an advisor to Sirtris Pharmaceuticals.

TVM also recently opened a New York office. The company's backgrounder:

TVM Capital, founded in 1983, is one of the first venture capital firms formed in Germany and an early entrant into the U.S. market in 1986. Since inception TVM Capital has raised more than €1.3 billion ($1.6 billion) in six fund generations and has established itself as a leading technology investment group in Europe and the U.S. TVM Capital funds have made investments in more than 235 information technology and life science companies where innovation, effective management and sound financial backing have enormous impact on company growth.