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FBR TECHNOLOGY VENTURE PARTNERS.(Gene Riechers resigns)(Brief Article)

Washington Business Journal

| April 06, 2001 | WINIG, ERIC | COPYRIGHT 1985 American City Business Journals, Inc. (Hide copyright information)Copyright

Rumors are swirling about the recent split between FBR TECHNOLOGY VENTURE PARTNERS and managing partners GENE RIECHERS and HOOKS JOHNSTON. Riechers and Johnston resigned April 2, but few details followed.

Several VCs say the rift was over money and involved FBR TVP's parent, Arlington-based investment bank FRIEDMAN BILLINGS RAMSEY.

For example, while Riechers and Johnston were out trying to raise their third fund, FBR co-founder …

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