Jeff Housenbold, a former top executive at SoftBank’s Vision Fund, has halted fundraising for his own venture capital fund and will instead become the head of a company best known for its gutter coverings.
Leaf Home, an Ohio-based company majority owned by the private equity firm Gridiron Capital, said Housenbold had joined the company as president and chief executive. The company projects it will make $1.5bn of revenues this year and plans to enter public markets as soon as the first half of next year.
Housenbold said he met the heads of Gridiron through a mutual friend, and informal conversations about Leaf Home led to formal discussions about a role at the company.
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