SVB Taps Managing Director

SVB Financial Group (SIVB Quote) named Jon Norris as a managing director for its SVB Capital Private Equity Group.

Norris will be responsible for strengthening relationships with life-science-focused venture capital firms, the Menlo Park, Calif., company said.

"The life-science industry continues to be a strategic focus for SVB," the company said. "Jon's expertise in this area will complement our strong life-science team across the country and bring added knowledge and leadership to our life-science-focused clients. We're looking forward to his many contributions."