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Local Tech Wire

HOLLY SPRINGS, N.C. – Doug Rende, an executive with 25 years of experience in a variety of industries, is the new chief executive officer at , an investment advisory firm.

The Holly Springs-based firm is planning to relocate its headquarters to Raleigh.

Rende was most recently president at Babin Building Solutions where he led a private equity backed turnaround effort.

“Doug’s impressive background and skill sets are a perfect match for Nanophrades as we strive to reach our goal of becoming the decision support partner to the global private investment community,” said Mitch Javidi, the founder and chairman of Nanophrades. “I am confident he will effectively lead our global network of industry analysts and experts and reaffirm Nanophrades’ unmatched value to our clients.”

Nanophrades operates satellite offices in India and Argentina and works with more than 750 analysts around the world.