Braemar Energy Ventures, a venture capital fund making early- to mid-stage investments in the energy technology sector, announced that Scott DePasquale has been appointed partner.
DePasquale, who is based in the firm’s Boston Office, is an investment professional with more than 15 years of industrial and financing experience in the global energy industry.
He joined Braemar in March of this year as Principal and Executive-in-Residence. Since then, DePasquale has led the firm’s investments in A123 Systems, a developer and manufacturer of lithium-ion batteries for the transportation, electric grid services and portable power markets, as well as in Grid Net, a provider of network management software and communications products for the utility industry’s smart grid.
Prior to joining Braemar, he was a Senior Vice President at GE Energy Financial Services, where he led the group’s Boston-based venture capital activities. Prior to helping launch the VC group, Mr. DePasquale was a member of GE Capital’s Diversified Energy and Natural Resources team, where he was responsible for late- stage private equity and structured finance transactions in infrastructure and upstream oil and gas.
Prior to GE, DePasquale served as a senior consultant for Boston-based Energy Security Analysis, Inc., a geopolitical think tank specializing in energy security policy and financial risk management.
He holds an M.S. in finance from Suffolk University, and a B.S. in business administration from Bryant University. DePasquale has been a sitting member of the Boston Stock Exchange and an energy trader for an affiliate of the international oil trading giant, Vitol S.A.