Passport nabs Crosslink marketing chief


Passport Capital has hired Bill Nolan, the former director of sales and marketing for Crosslink Capital, on Jan. 3 as its first full-time marketer.

Nolan’s newly created position underscores the firm’s pressing need to release its portfolio mangers from doing double duty communicating with limited partners and overseeing assets under management.

“When I came on board the portfolio managers spent a tremendous amount of time with their limited partners, which takes away from what they should be spending their time on.”

During Nolan’s eight-and-a-half years at San Francisco-based Crosslink, the firm’s assets grew to $1.5 billion from $157