The NATO Innovation Fund (NIF), a €1bn vehicle backed by 24 NATO allies to invest in defence and deeptech startups, is already seeing a shakeup in its upper ranks: founding partner Thorsten Claus and managing partner Andrea Traversone have both left the fund just over a year after it launched. 

Claus, who was heading up NIF’s fund-of-funds investment activities, left the fund in July this year, according to his LinkedIn; he could not be reached for comment. According to his LinkedIn, Traversone departed the fund in September; he could not be reached for comment. Previously he was a managing partner at British VC firm Amadeus Capital Partners for more than 19 years.