People Moves

First Republic Signs Venture Capital Vet

Wendy Connett Editor New York 26 January 2011

First Republic Signs Venture Capital Vet

First Republic Bank has signed on Philip Korn in Palo Alto, California as relationship manager and managing director.

Korn will focus on technology entrepreneurs and the venture capital community and provide private banking, business banking, investment management and trust services, and real estate lending services.

Prior to joining First Republic, Korn was responsible for venture capital relationships at TriNet. Previously, he worked for Silicon Valley Bank for 11 years and focused on venture capital relationships and venture banking.

Korn is currently located in First Republic’s Palo Alto office and will move to the bank’s new Menlo Park office on Sand Hill Road when it opens at the end of the first quarter. The new office will be the bank’s second Menlo Park location.

First Republic said it has significantly expanded its presence in Silicon Valley by adding offices, bankers and wealth management professionals in the last three years. In addition to its Palo Alto and Menlo Park offices, the bank has locations throughout Silicon Valley, including San Jose, Los Altos, Los Gatos, Redwood City, San Mateo, Burlingame and Millbrae.


Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes