Christian Hernandez, a long-time employee for Facebook in Europe, is leaving the company to go full-time at White Star Capital, an early-stage VC investment firm founded by Eric Martineau-Fortin. Hernandez was most recently Facebook's director for EMEA, and before that had been head of platform partnerships for the region. White Star to date has backed some 20 companies both in the U.S. and Europe, including Betaworks, Science, Bloglovin? in Sweden, Execution Labs in Canada and Dollar Shave Club. Two companies have exited: Summly, sold to Yahoo!; and Ludia, sold to Fremantle. It says its raised $70 million in follow-on financing. TechCrunch understands that White Star is currently raising money for a new fund of $100 million, with about 80% of that from institutions and family offices. So far $20 million has been committed.Source: http://feedproxy.google.com/~r/Techcrunch/~3/9MhK9nPFffc/
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