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Digital new York: Venture capital queen steps down; Chase exec gives up Latin America job; counterpart at Morgan takes over.(briefs)(Brief Article)

Crain's New York Business, February, 2001 by vargas, alexia

The ``queen of the web'' for venture capital in Latin America, Susan Segal, has given up her throne. Known for pioneering investments in Internet start-ups, including Manhattan-based StarMedia Network Inc. and Buenos Aires-based MercadoLibre S.A., the former head of Chase Capital Partners' Latin America group turned over the reins at the beginning of the year.

Three months after Chase Manhattan Corp.'s acquisition of J.P Morgan & Co. last September, Ms. Segal decided to cede her reign to her Latin American counterpart at J. P. Morgan Capital, Tim Purcell. He is now a partner and group head of J.P. Morgan Partners' Latin America team. ``I needed a better mix in my life,'' says Ms. Segal, adding that she's glad ``not to have the administrative burden of...

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