Venture capital and secondaries advisory firm Next Round Capital welcomed Wyan Yarbrough, CFA, as director of research. With over a decade of TMT (technology, media, telecom) investment experience to his credit, he will support the firm’s pursuit of opportunities in secondary markets by leading comprehensive research in technology, covering sectors including artificial intelligence, IoT and cybersecurity.
Yarbrough previously served as head of Technology Investing at BlackRock’s Growth Investment Strategies, managing over $50 billion in assets in a role that involved identifying and leading investments in various public and private companies, including C3.ai, Genesys, Snyk, Dragos, PsiQuantum, and SambaNova. Before BlackRock, Yarbrough was a TMT Investment Research Associate at T. Rowe Price, contributing to billion-dollar private investments in Uber, Flipkart, Magic Leap, and others.
“I’m excited to join Next Round and lead the development of cutting-edge insights on the areas that matter most to our clients,” said Yarbrough. He envisions integrating fundamental research into the firm’s offerings, eventually launching a fund to provide curated opportunities and deal flow in areas like AI and DevOps. New York-based Next Round has executed transactions exceeding $1.2 billion on behalf of major financial institutions, institutional investors, family offices, mutual funds and high-net-worth investors, employing the firm’s data, expertise and extensive network to unlock liquidity for private holdings and identify opportunities to access promising companies.