DN Capital's Marovac named new Invest Europe chair

Marovac will be at the helm of the association for two years.

Before founding early-stage venture firm DN Capital in 2000, Marovac was a partner at private equity firm Advent International in London.

As chair of Invest Europe, Marovac aims to continue the association's focus on attracting more LPs to European venture capital. "Venture capital is no longer just about Silicon Valley and Boston — European VC is now making waves," Marovac said in a statement. "As well as creating leading global companies such as Spotify, Auto1 and Klarna — not to mention life sciences successes including Ablynx and GenMab — European venture firms are generating fantastic returns to investors and contributing to the health of European economies."

Under predecessor Jankovic's tenure, Invest Europe also updated its best-practice guidelines for operational activity, conduct and transparency with its 2018 Professional Standards Handbook.

Katya Smirnyagina, a partner at Belgian VC firm Capricorn Venture Partners, will replace Marovac as chair of Invest Europe's VC Council.

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