Staff Writer
Some experienced investment professionals are seeing their funds take a hit from the pandemic and are considering moving to new pastures. This is one trend identified by Will Invine of Stem7 in a discussion of key issues in alternative assets recruitment.
By Teddy Grant and Justin Mitchell Public institution investors of several private equity firms have taken a decidedly neutral stance on private prison investments despite public outcry about the ways the industry treats inmates and a public thrashing by presidential hopeful Sen. Elizabeth Warren. Warren called out American Securities, Apax Partners, BlueMountain Capital, H.I.G. Capital […]
PRIVATE EQUITY FIRMS Crestline Investors appointed Michael Aingorn a managing director. He previously was a partner at American Industrial Partners. BelHealth Investment Partners promoted Jonathan Spero to vice president from senior associate. He joined the healthcare-focused PE firm in 2015. Siris hired Tracy Harris as a partner in IR and product strategy. She will help manage the firm’s relationships with LPs and prospective investors […]
PRIVATE EQUITY FIRMS Permira hired Tom Eggemeier as a partner. He’d been president of Genesys. Graycliff Partners named Gregory Olson an operating partner. Olson is former chief development officer at Ichor Systems. Cimbria Capital named Richard Seline a senior adviser. Currently, he is a managing partner at Resiliency Capital Partners and executive director and senior adviser for AccelerateH2O. Actis named Maureen E. O’Toole a managing director, leading the investor development […]
PRIVATE EQUITY FIRMS Macquarie Capital named Mark Buchanan managing director and head of North American family office coverage. He’s a former managing director at BMO Financial Group. Macquarie also appointed Mark Padjen senior vice president. Carlyle Group: Pooja Goyal joins as partner and head of the renewable and sustainable energy team. Goyal most recently headed the alternative-energy investing group at Goldman Sachs. General Atlantic: Michael […]
Technology- focused Institutional Venture Partners last week announced the close of its tenth investment vehicle, IVP X LP. Originally launched in June 2000 with a $150 million target, the fund was oversubsribed and reached a total cap of $225 million. IVP X will invest in 30 to 35 companies, investing between $5 million and $10 […]