Noro-Moseley Partners (NMP), one of the oldest and largest venture capital firms in the Southeast, has named Kathy Harris as senior vice president of business development.

With more than 20 years of financial and private equity experience, Harris will focus on identifying and evaluating attractive growth stage companies, NMP General Partner Chuck Johnson tells Local Tech Wire.

“As part of NMP’s overall portfolio management,” Johnson says, “the firm wants to have an allocation of investments ranging from early stage businesses to established, but not yet profitable businesses, to those that have achieved significant revenue and profitability…but could use additional expansion capital.”

This latter category…well established businesses that could productively use additional expansion capital…will be Harris’ focus.

“Kathy’s background both has created an established set of contacts to source this type of investment,” Johnson adds, “and provided Kathy with the skills to evaluate the opportunities she uncovers.”

Prior to NMP, Harris was a partner at Atlanta-based Technology Ventures, vice president and national marketing manager of Sirrom Capital Corp. and senior VP of the investment banking group at J.C. Bradford & Co. (now UBS PaineWebber). She started her career at KPMG International.

“I am very pleased to be joining a firm with the history and reputation of Noro-Moseley,” Harris said in a statement. “This committed business development effort will leverage the firm’s significant market presence in the Southeast and enable it to further identify attractive investment opportunities in profitable growth companies.”

Based in Atlanta and founded in 1983, NMP has created five limited partnership funds totaling approximately $580 million in capital and has invested in over 120 private companies, including 1st Ag, Flamenco, ChemCodes and Norak Biosciences.

While NMP is always looking at companies … especially those making money … it is not pursuing any particular investments for the immediate future.

“We have no specific investments pending near term,” Johnson explains. “As a firm, however, we are active and have the capital and personnel to pursue attractive investment opportunities. We are most interested in companies that have already demonstrated the ability to generate revenue.”