Robert Daniel

PRIVATE EQUITY FIRMS Clearlake Capital Group named five executives partner and/or managing director: Fred Ebrahemi, partner, managing director, general counsel and chief compliance officer; Dan Groen, managing director; James Pade, partner and managing director; Arta Tabaee, managing director, and Pedro Urrutia, partner, managing director and CFO. Hg opened a New York office to support the firm’s current activities, […]

PRIVATE EQUITY FIRMS KKR named Kate Richdale member and head of strategy and business development in Asia Pacific. Richdale joins from Goldman Sachs in Hong Kong, where she was chairman of investment banking in Asia Ex-Japan. Genstar Capital promoted David Golde to managing director and Ben Marshall and David Graham to director. Excellere Partners, the Denver private equity firm, promoted Mike Vieth to principal and Nick Coleman and Matt Halverson to vice […]

PRIVATE EQUITY FIRMS Victory Park Capital appointed Kevin Burke a partner. He previously spearheaded the launch of the Institute for Global Investing at the University of Notre Dame. KKR: Sumanth Cidambi and Vijay Padmanabhan were named directors for the credit business in India. Cidambi has worked with corporate boards and senior management teams in Asia, Europe and the U.S., while Padmanabhan’s resume […]

PRIVATE EQUITY FIRMS Pantheon Group named Jeff Wright a principal on the client service team, focused on the firm’s U.S. institutional client markets. Wright’s background includes senior roles at Wilshire Private Markets and HarbourVest Partners. BelHealth Investment Partners, a healthcare private equity firm, named Kiran Patel senior adviser. Patel, a physician, is former chairman of WellCare and America’s 1st Choice. Paine Schwartz Partners named Edward Haft an operating […]

Trilliant sales up, margins fat, environment positive: Moody’s Challenges: small size, sharp leverage, tight cash flow in short term Company makes single-serve coffee pods under private label Trilliant’s rapid sales increases, fat EBITDA margins and favorable growth environment led Moody’s Investors Service to assign a stable outlook to the integrated coffee producer after a PE-led […]

S&P pares corporate-credit rating to B- Outlook is negative Carlyle Group acquired Extreme Reach in June 2014   Extreme Reach’s potentially narrow margin of compliance with its leverage covenants in the next year and a half prompted Standard & Poor’s to cut its rating on the ad-services company. S&P pared its corporate-credit rating on Extreme Reach […]

Outlook cut on small scale, leverage, weak mall traffic B- corporate-credit rating affirmed Revised covenants boost S&P’s view of liquidity S&P Global Ratings maintained a negative outlook on Centerbridge Partners-backed P.F. Chang’s China Bistro, citing factors including the restaurant chain’s leverage, small scale and “exposure to declining mall traffic.” Analyst Mathew Christy in New York also expects […]

Toy retailer must refinance in “challenging” environment Outlook cut to “negative” Corporate-credit rating affirmed at B- The outlook for Toys “R” Us Inc, the Bain Capital Private Equity-backed toy retailer, has weakened because the company will have to refinance certain debt in what will be “challenging” capital markets, Standard & Poor’s said. S&P analyst Robert Schulz […]

Michael Baker, Global Knowledge downgraded Outlook developing at MBI, engineering firm Outlook cut to negative at GK, training-services firm Michael Baker International was downgraded at Standard & Poor’s after the global engineering and construction firm postponed a plan to refinance debt. S&P pared the corporate-credit rating on MBI to B- from B+ and made the […]