Intel’s venture branch, Intel Capital, is a big fish in Silicon Valley. It pumps hundreds of millions of dollars each year into start-ups to support ongoing development of the semiconductor industry, and to stay abreast of tech trends. If our memory serves us, Intel Capital was the largest venture investor out there in 2003. Private Equity Week has the news that Claude Leglise, a key executive at Intel Capital, will step down this Friday, in the second major departure from the venture unit in less than a month. Leglise follows Intel Capital President John Miner, who announced on March 24 that his last day is June 1. That’s significant turnover, regardless of how coincidental it may be. Intel Spokeswoman Laura Anderson told PE Week, �These two executives leaving isn’t part of a larger corporate shakeup. It’s just a coincidence of timing.�