Isomer hires new principal

Isomer Capital has appointed Catherine Dupere, as a principal to its London-based team, according to a statement from the firm.

Dupere will be involved in all aspects of the firm’s investment strategy for primaries, secondaries and co-investments, according to a person familiar with the matter.

Joe Schorge, managing partner at Isomer Capital, said “Catherine brings a valuable North American investment experience and network to Isomer. Her experience as an entrepreneur and in helping new VC funds launch and build their businesses is a valuable skill set for today’s market in Europe.”

Dupere joins Isomer from BDC Capital, the business development of Canada’s investment arm, where she led investments in venture capital funds from White Star Capital, Real Ventures and Open Text Enterprise.

Previously, she was a private equity analyst at Canadian technology private equity firm Novacap. Dupere began her career as a financial services lawyer at Fraser Milner Casgrain.

The firm launched its debut fund in February with a hybrid model to invest in European early-stage technology funds and companies. Isomer Capital I has a target of €150 million.

Isomer Capital will allocate up to 20 percent of the fund to LP and direct secondaries. Isomer Capital I, which has already completed a large secondaries deal, will target secondaries transactions between €500,000 to €2 million.

The firm’s current portfolio companies include food delivery service Deliveroo, cybersecurity firm Darktrace and financial technology firm Algomi.

Isomer Capital has investments in a number of European early stage venture capital funds from Hoxton Ventures, White Star Capital, Entrepreneur First, Felix Capital and Connect Ventures.

London-based Isomer Capital was founded by Joe Schorge, a former managing director at Pomona Capital, and has $150 million in assets under management.