Altamont Capital Partners has promoted Steve Brownlie to managing director. Brownlie has been with Altamont since the inception of the firm. In addition, Jon Altman and Alex Rolfe, also members of the original Altamont team, were promoted to principal, and Sam Gaynor and Kevin Mason to vice president.
2 min read · 22 January 2014
General Atlantic has appointed Jan-Michiel Hessels, former chairman of NYSE Euronext, as a special advisor in Europe based in Amsterdam, the Netherlands. Hessels brings over 30 years of experience across many industries to the role, and will work closely with GA’s global investment team to identify new investment opportunities as well as provide strategic support for the firm’s portfolio companies.
3 min read · 22 January 2014
Monroe Capital has funded a $10 million senior secured term loan to support the growth of BookIt.com. Based in Panama City, Florida, BookIt.com is a privately-held online travel agency providing customers travel packages to leisure destinations in the United States, Mexico and the Caribbean.
1 min read · 22 January 2014
UltraSoC Technologies has appointed Chris Gilbert as non-executive chairman. The company is backed by UK-based Octopus Investments.
3 min read · 22 January 2014
Cogent Partners has promoted Jeffrey Reece to director in Shanghai and Wes Bender to vice president in Dallas. Prior to joining Cogent in 2011, Reece was a vice president at Ewing Management Group (formerly Carlyle Management Group), where he was responsible for growth equity investments in China and special situation investments in the United States.
2 min read · 22 January 2014
Partners Group has closed its Partners Group Global Infrastructure 2012 program, closing it at 1 billion euros. The program is twice the size of its predecessor 2009 vintage program and will invest through an integrated approach in direct, secondary and primary opportunities in the private infrastructure space around the globe.
3 min read · 22 January 2014
Vision Capital has promoted Samer Cortas to partner. Cortas joined the firm in October 2010, having previously spent more than twelve years in leveraged finance. He has global responsibility for financing across the portfolio.
2 min read · 22 January 2014
Pension funds are not allocating as much capital to private equity as they should, according to a study of 1,208 US and UK pension funds by the London Business School’s Coller Institute and private equity investor Adveq. The new research represents the first empirical, academic analysis of pension funds’ private equity allocations based upon their annual report data.
4 min read · 22 January 2014
This Wednesday morning read all about Baird's new buyout fund, an IPO surge boosting asset manager's results and regulatory pressures putting off banks financing lucrative deals.
1 min read · 22 January 2014
Los Angeles-based connected pet device company Petnet has closed a $1.125 million seed funding round. The seed round was backed by Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital.
3 min read · 21 January 2014
