Caydan Capital Partners Appoints Naresh Shanker as Senior Advisor Caydan Ventures

For Immediate Release

 

BOSTON, MA — Caydan Capital Partners, a leading lower middle market private equity investment firm, announced today the appointment of Naresh Shanker as Senior Advisor of Caydan Ventures, the investment firm’s early-stage venture arm. Mr. Shanker will serve as an executive resource for Caydan’s portfolio companies.

“We are thrilled to have Naresh, an accomplished and visionary leader, join the Caydan team,”said Rick Waldo, Co-Founder and Managing Partner of Caydan Capital Partners. “Naresh brings with him a remarkable wealth of knowledge and experience—assets that will benefit not only our firm, but also our partners and investments.”

 

A proven leader and remarkable innovator, Mr. Shanker has extensive experience and expertise establishing and growing businesses specializing in high-tech manufacturing, semi conductors, medical devices, life sciences, climate technologies, mobility solutions, and enterprise software.  

 

“Naresh is an accomplished leader and has an exceptional track record of driving innovation, business growth, expansion, and profitability,” said Sam Waicberg, Managing Partner, Caydan Ventures. “I had the honor of working alongside Naresh at PARC and Xerox and know first-hand how invaluable Naresh’s extraordinary vision will be as we strive to achieve the highest levels of performance for our investments and client partners.”

 

As the former President and CEO of the Palo Alto Research Center (PARC), a technology pioneer and Silicon Valley icon that led numerous scientific and technological break throughs, Naresh also held pivotal roles as Chief Technology Officer (CTO)and Chief Information Officer (CIO) of Xerox.  Mr. Shanker also served as CIO of HP Inc., and Palm Inc. His leadership extended to Agilent Technologies, and HP Medical Products Group where he played instrumental roles in shaping and executing their respective spinouts and digital transformation journey. Mr. Shanker holds a U.S. patent for developing software enabling high-volume micro transactions for digital and mobile payments. Mr. Shanker’s latest venture, Menlo ParkAdvisors, LLC, provides expert guidance in tech strategy, business model development and go-to-market strategy, and digital transformation execution for venture backed, middle-market, and large-cap companies.  

 

“I am looking forward to working with the Caydan team. I hope to leverage my deep tech and enterprise software experiences across diverse industries in my role as an Advisor for their portfolio companies and early-stage venture fund,” said Naresh Shanker.

About Caydan Capital Partners

Caydan Capital Partners is a leading private equity firm focused on partnering with growth-oriented, North American companies in the lower middle market. Situated bi-coastally — with offices inBoston, Dallas, and Palo Alto—Caydan offers its investors access to the historically inaccessible lower middle market through a unique combination of three diversified investment strategies across private equity, public equity, and venture capital. For more information, please visit https://www.caydancapital.com/.