GERMANY - eCapital's Hölzle steps down
Venture firm eCapital has appointed Dr Michael Lübbehusen as chairman, succeeding Frank Hölzle, who has stepped down from the firm to pursue new entrepreneurial opportunities.
Lübbehusen has founded several technology firms and founded the venture firm MAZ Level One in 2000. He has been a co-investor with eCapital for several years and joined the firm as partner in June 2007.
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