I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Mizuho said June 22 that Christopher Nam was named a Managing Director and Head of Internet and Digital Media Investment Banking for its North American banking business. Nam joins Mizuho from Credit Suisse.
3 min read · 23 June 2016
Canada Pension Plan Investment Board (CPPIB) said June 22 that Alain Carrier was named Managing Director, Head of International. Carrier will become a member of CPPIB's Senior Management Team. Suyi Kim was promoted to Managing Director, Head of Asia and will report to the Head of International. And, Deborah Orida was appointed Managing Director, Head of Private Equity, Asia and will be responsible for leading private investments in Asia.
3 min read · 23 June 2016
2 min read · 22 June 2016
Financial Technology Partners has hired Stephen Stout as a Managing Director in its New York office. Stout was most recently the Global Head of Strategy at First Data.
3 min read · 21 June 2016
Zerto said June 21 that it raised an additional $20 million in Series E1 financing led by CRV. Existing investors, Access Industries via its Israeli entity - Claltech, 83North, Battery Ventures, Harmony Partners, IVP, RTP Ventures and U.S. Venture Partners, also participated in the latest round. Boston-based Zerto provides business continuity software solutions.
1 min read · 21 June 2016
The Carlyle Group said June 21 that Jesse Wu was named a Senior Advisor to the group’s Asia buyout team. Wu is the former Chairman of Johnson & Johnson China and former Worldwide Chairman of the Johnson & Johnson Consumer Group.
3 min read · 21 June 2016
Liberty Hall Capital Partners has acquired J&M Machine LLC. Financial terms weren’t announced. J&M is a Tier II supplier of precision machined metallic parts and assemblies for the global aerospace industry. Bank of America Merrill Lynch provided financing. Legal advice to Liberty Hall and Accurus was provided by Schulte Roth & Zabel and Pillsbury. J&M Machine was advised by Meridian Capital and Tousley Brain Stephens.
3 min read · 21 June 2016
Turnbridge Capital Partners has recapitalized DeBusk Services Group LLC. Financial terms weren’t announced. DeBusk management founders and current investors also participated. Pasadena, Texas-based DeBusk is a mechanical and industrial cleaning services provider primarily serving domestic refining and petrochemical facilities. Brown Gibbons Lang & Company advised on the transaction.
2 min read · 21 June 2016
Spaceflight Industries said June 21 that it raised $18 million in Series B financing led by Mithril Capital Management. The round is expected to raise $25 million. Existing investors including RRE Venture Capital, Vulcan Capital and Razor’s Edge Ventures, all reinvested in the round. Seattle-based Spaceflight is a space company that offers satellite infrastructure, rideshare capabilities, global communications networks, and near-real-time imaging capabilities.
1 min read · 21 June 2016
Nassau Reinsurance Group Holdings LP, which is backed by Golden Gate Capital, has completed its buy of The Phoenix Companies Inc. Nassau Re contributed $100 million of equity capital into Phoenix at closing and funded $80 million of new equity capital to Nassau Re’s reinsurance affiliate. Hartford, Connecticut-based Phoenix offers annuities and life insurance.
5 min read · 21 June 2016
