Paul Nolde has over a decade of experience in the banking, finance, and venture capital sectors, serving in multiple business development and management roles. As the Fund Manager and Managing Director of Riverflow Growth Fund, a seed-stage fund based in Richmond, VA, Paul is responsible for all aspects of fund management and investment-related processes. This includes business development, deal flow cultivation and due diligence, syndication cultivation, investor relations, and portfolio management (including board service). Prior to this he served as a director at NRV, an early stage venture capital firm also based in Richmond, VA. In this role he co-led their overall business development strategies and their discernment process around new investment opportunities, as well as supporting several portfolio companies via board service. Before NRV Paul was the Small Business Capital Strategist for Virginia Community Capital, Virginia’s largest community development financial institution. In this capacity Paul was responsible for building the firm’s venture debt portfolio focusing on growth companies, social enterprises, and healthy foods, as well as architecting their overall small business lending platform. Prior to VCC he was managing director of a family office in Richmond, VA, preceded by sales and strategy positions at Wells Fargo, Union First Market Bank, Bank of America, and Wachovia.
He is an active participant in, and advocate for, Virginia’s entrepreneurial ecosystem, serving on the boards of several local and regional organizations, including the Activation Council, CAV Angels, The Launch Place Seed Fund, and SCORE. Additionally Paul sits on various boards at Virginia Commonwealth University and the University of Virginia, where he also serves as an adjunct professor of impact investing in its Batten School of Leadership and Public Policy.
He graduated from UVA in 2001 with a B.A. in Foreign Affairs, complimented by post-grad business studies through the