Goldstein rejoins from SVB Capital
SAN
FRANCISCO, Oct. 18, 2023 /PRNewswire/ -- Silicon
Valley Bank (SVB), a division of First Citizens Bank, today
announced that 20-year healthcare financing industry veteran
Jennifer Friel Goldstein has
been appointed Head of Business Development and Strategic
Initiatives for Life Science and Healthcare (LSHC) banking. Based
in the Bay Area, Goldstein reports to 30-year SVB leader
Joan Parsons, Head of Technology and
Healthcare Banking.
"SVB is uniquely positioned to serve the needs of companies
across Life Science and Healthcare, and we continue to invest in
and strengthen our support for clients in these important sectors,"
said Parsons. "For more than 20 years, Jennifer has supported the
Life Science and Healthcare venture capital and startup market and
I'm confident our clients will continue to benefit from her
extensive experience and expertise in both business and
biotechnology. We are thrilled to welcome Jennifer back to the
team."
Through its nationwide Life Science and Healthcare
practice, SVB provides specialized banking services, debt-financing
solutions, industry partnerships, and leading market insights
to companies and investors across these sectors. Working
closely with SVB's Life Science and Healthcare leadership team,
Goldstein will identify market opportunities to connect VC and
industry stakeholders to SVB's clients and prospects.
Since joining SVB in 2012, Goldstein has held a variety of
leadership positions across the Life Science and Healthcare
practice where she played key roles in developing SVB's biotech
practice, supporting the expansion into investment banking, and
revitalizing the approach to coordinated business development Most
recently, she was a managing partner with venture investing firm
SVB Capital, where she launched and led its first dedicated Life
Sciences investment team. Prior to joining SVB, Goldstein served as
a director on Pfizer's venture capital team, where she helped
lead or co-lead investments into several life sciences
companies and served as a management consultant at Bain & Co.,
focused on private equity projects across Europe.
Goldstein graduated magna cum laude with a
bachelor's degree in bioengineering and a master's degree in
biotechnology from the University of
Pennsylvania. She also holds an MBA from the Wharton School,
where she was named a Joseph Wharton Fellow.
About Silicon Valley Bank
Silicon Valley Bank (SVB), a
division of First Citizens Bank, is the bank of some of the world's
most innovative companies and investors. SVB provides commercial
and private banking to individuals and companies in the technology,
life science and healthcare, private equity, venture capital and
premium wine industries. SVB operates in centers of innovation
throughout the United States,
serving the unique needs of its dynamic clients with deep sector
expertise, insights and connections. SVB's parent company,
First Citizens BancShares, Inc. (NASDAQ: FCNCA ), is a top 20 U.S.
financial institution with more than $200
billion in assets. First-Citizens Bank &
Trust Company, Member FDIC. Learn more at svb.com.
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SOURCE Silicon Valley Bank