MENLO PARK, Calif. - August 8, 2016 - Bridge Bank’s Equity Fund Resources Group (EFR) today announced the hiring of John DeMaio as vice president. Based out of Bridge Bank’s EFR Group’s new headquarters in Menlo Park, John will be leading business development efforts in the surrounding Silicon Valley area.
Bridge Bank’s EFR Group was founded in September 2015 as a central hub for the venture capital and private equity communities. The group builds on Bridge Bank's success as a leading technology and life science lender by offering a comprehensive suite of customized banking services to funds, management companies and their portfolio companies. The EFR Group works with niche focused equity and debt funds as well as early- to growth-stage portfolio companies across a variety of sectors throughout the U.S. Bridge Bank engages with clients from its locations in Silicon Valley, Southern California, the Northeast, and the mid-Atlantic regions.
“It’s an exciting time to be joining Bridge Bank’s newly established Equity Fund Resources Group team in Menlo Park,” said John. “I’m looking forward to building upon our early successes and helping to develop deeper relationships with a diverse set of venture capital and private equity firms.”
Prior to joining Bridge Bank, John served as a management consultant to Tyco International, where he advised the board on a growth and innovation strategy in the Middle East that culminated in the launch of Tyco Ventures in Tel Aviv, Israel. Prior, John spent seven years in New York City building, leading, and managing global teams at BMO Capital Markets. Earlier in his career, John co-founded a direct-access broker-dealer on the American Stock Exchange. John holds a BS in business administration from the University of New Hampshire, an MBA from Cornell University and a CIB from Grenoble École de Management.
“We are thrilled to be adding such an accomplished leader like John to Bridge Bank’s EFR team during a critical time in our growth,” said Michael David, senior vice president, managing director in Bridge Bank’s Equity Fund Resources Group. “John’s extensive background in implementing revenue growth strategies and his experience as an entrepreneur and proven business builder make him an ideal new hire and allow us to continue putting our best foot forward with the VC and private equity communities in Silicon Valley and across the nation.”
About Bridge Bank
Bridge Bank is a division of Western Alliance Bank, Member FDIC, the go-to-bank for business in its growing markets. Bridge Bank was founded in 2001 in Silicon Valley to offer a better way to bank for small-market and middle-market businesses from across many industries, as well as emerging technology companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies, Bridge Bank offers a broad scope of financial solutions including growth capital, equipment and working capital credit facilities, sustainable energy project finance, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and a full line of international products and services. Based in San Jose, Bridge Bank has eight offices in major markets across the country along with Western Alliance Bank’s robust national platform of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. With more than $16 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the fastest-growing bank holding companies in the U.S. and recognized as #10 on the Forbes 2016 “Best Banks in America” list. For more information, visit www.bridgebank.com or follow us on Twitter @Bridgebank.
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