Element Partners has hired named Sujit Banerjee as a managing director at the firm’s Philadelphia headquarter. Banerjee had been a part-time operating partner last year.
At Element Banerjee will oversee the firm’s investments in power storage, semiconductors, and power electronics, and will expand Element’s efforts in photovoltaic. Since joining on a part-time basis he’s co-sponsored investments in energy storage company Deeya Energy and Petra Solar, a maker of solar microinverter.
Element Managing Partner David Lincoln:
We have worked with Sujit as a co-investor over the course of the last nine years, and he has repeatedly demonstrated exceptional capabilities and instincts as an investor. He has been an invaluable resource to us over the years, and we are confident that his strong technical background will complement our investment capabilities.