A Charleston-based group that invests in early-stage businesses has named its next leader.
Charleston Angel Partners chose John Osborne as its new executive administrator late Wednesday.
Osborne is cofounders of the Harbor Entrepreneur Center, which works with startup businesses. He’ll continue working at that organization.
Osbourne will replace Andrea Marshall, who has headed Charleston Angel Partners for the past eight years. She announced in August that she would step down in 2016 to take a position at Roper St. Francis Hospital’s Clinical Biotechnology Research Institute.
“John’s relationships and experience with entrepreneurs and business mentors in the region will be major assets that will allow Charleston Angel Partners to expand its reach,” Marshall said in an email. “I look forward to working with John over the next few months as he ramps up for his new role.”
Osborne said he wants to get more investors involved with the group. Its membership is now at about 45.
“As we increase the membership base of individuals with diversified skill sets ... it makes it more enticing for various companies to present to the group because inevitably you need some domain expertise ... in order to feel comfortable and confident in making that investment decision,” he said.
Osborne also said he wants to expand the group’s investment focus to other parts of the Southeast.
Before launching the Harbor Entrepreneur Center with Patrick Bryant in 2013, Osborne founded Funding Charleston to connect startups with capital. Before that, he spent around a decade working in commercial banking and wealth management in the Charleston area, he said.
Charleston Angel Partners was founded in 2001. Its investments have included Terressentia in North Charleston, DigitalDerm in Columbia and Gentris, which has offices in New York, North Carolina and abroad.
Reach Allison Prang at (843) 937-5705 or follow her on Twitter @AllisonPrang.