Firms

CIBC Innovation Banking

CIBC Innovation Banking

innovationbanking.cibc.com

CIBC Innovation Banking is the technology, life-sciences and venture-financing banking unit and shared service brand of Canadian Imperial Bank of Commerce (CIBC) and CIBC Bank USA. Launched in 2018 following CIBC’s acquisition of Wellington Financial assets, it serves early-stage, growth-stage and public companies and the venture investors supporting them across North America, the UK and Europe. It provides venture debt, growth financing, sponsor finance, fund finance, treasury services and strategic banking advice. Its healthcare practice supports medical devices, life sciences and healthcare technology; its technology practice includes AI and software businesses. The unit’s own current directory publishes 40 professionals, led by Paul McKinlay, with specialist leadership for venture banking, sponsor finance, portfolio and credit solutions, syndications, fund finance and UK/Europe. The firm directory category represents this financing unit, not a standalone private-equity partnership or separate incorporated bank. Actual contracting lenders must be verified per transaction: services may be supplied by CIBC or CIBC Bank USA, and the September2019 Aktana announcement identifies the unit but not the exact contracting bank. CIBC closed USD20M debt financing for AI life-sciences company Aktana in September2019. Bank balance-sheet funding, loan-book size, client counts, capital-call facilities, announced credit capacity and predecessor Wellington funds are not treated as new LP fund closes or assumed cash draws.

Founded
2018
Type
Venture capital

Funds0

No funds on record yet.

Team

Operations and support

Ab MakaloAb MakaloDirector
Adam WeiersAdam WeiersManaging Director
Alex GrinchteineAlex GrinchteineExecutive Director, Portfolio Management
Amy OlahAmy OlahManaging Director, Head of Venture Banking
Andrew KirkAndrew KirkManaging Director, Southeast Region Lead
Andrew PhillipsAndrew PhillipsManaging Director, Head of Sponsor Finance
Andrew SchwartzAndrew SchwartzManaging Director & Market Lead
Atin GargAtin GargManaging Director
Brittany BlancoBrittany BlancoDirector
Caroline TkatschowCaroline TkatschowManaging Director
Charlotte GogginCharlotte GogginDirector
Christopher De AyalaChristopher De AyalaDirector
Diego RecinosDiego RecinosDirector
Eric LaflammeEric LaflammeManaging Director
Eva ChickeringEva ChickeringExecutive Director
George BixbyGeorge BixbyDirector
Graham QuisenberryGraham QuisenberryDirector, Life Sciences and Healthcare
Ian CurryIan CurryManaging Director & Head of Sponsor Finance Credit Solutions
Jason NardariJason NardariManaging Director, Portfolio Management & Strategy
Joe TimlinJoe TimlinManaging Director
John FlemmingJohn FlemmingManaging Director
John TurnerJohn TurnerDirector
Jonathan SchupackJonathan SchupackManaging Director
Joshua OlawaleJoshua OlawaleDirector
Julie SilvaJulie SilvaExecutive Director, Life Sciences and Healthcare
Kurt NicholsKurt NicholsHead of US Early Stage & Venture Credit Solutions, Innovation Banking
NiramayNiramayExecutive Director
Paul GibsonPaul GibsonManaging Director, Head of US East Coast Venture Banking
Paul McKinlayPaul McKinlayExecutive Managing Director, Head of Innovation Banking
Ravi PatelRavi PatelManaging Director, Head of Portfolio and Credit Solutions
Robert RosenRobert RosenManaging Director
Sarah PerkinsSarah PerkinsDirector, Life Sciences and Healthcare
Sean DuffySean DuffyManaging Director, Head of UK and Europe
Sean FoySean FoyExecutive Director, Credit Solutions
Sean ThompsonSean ThompsonManaging Director & Market Lead
Tej SahiTej SahiManaging Director, Head of Fund Finance
Tom DodsTom DodsExecutive Director
Vidur ParmarVidur ParmarManaging Director, Life Sciences and Healthcare
Walt SparksWalt SparksExecutive Director, Head of Syndications
Youssef KabbaniYoussef KabbaniManaging Director

Co-investing

No co-investors on record yet.

Investments