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.
Kenneth Bacon was named to Ally Financial’s board effective Feb. 4. He will also serve on the board’s risk and compliance committee. Bacon is the co-founder and a partner of RailField Realty Partners.
2 min read · 06 February 2015
Kura MD has raised $1.5 million in Series A financing from Moneta Ventures. Roseville, California-based Kura develops telehealth solutions for physicians, physician groups, urgent care providers and workers’ compensation practitioners.
3 min read · 06 February 2015
Linden Capital has acquired The Flexan Corp. Financial terms weren’t announced. Chicago-based Flexan makes high-precision silicone and rubber parts predominately serving the medical device industry. Golub Capital provided debt financing. Mesirow Financial served as financial advisor to Flexan.
2 min read · 06 February 2015
ORIX Americas said Thursday it hired Barry Gold as a Managing Director and Joshua Herlands as an Associate Director. Both are based in New York. Gold will oversee infrastructure investments while Herlands will be responsible for originating and investing in infrastructure, real estate and public finance projects. Gold was previously Co-Founder and Co-Head of Carlyle Infrastructure Partners. Herlands spent three years with Captona Partners.
3 min read · 06 February 2015
TIA Technology, which is backed by EQT, said Friday that Liselotte Munk has left her position as CEO. Jakob Schou Meding was named TIA’s CEO. Meding most recently came from HP where he was a Managing Director in Denmark.
1 min read · 06 February 2015
Expect private equity to make a play for Russell Investments, several buyout and banking sources said.
2 min read · 06 February 2015
Expect private equity to make a play for Russell Investments, several buyout and banking sources said.
1 min read · 05 February 2015
DMA, which is owned by The Riverside Company, said Wednesday that Naseer Nasim was named president and CEO. Beaverton, Oregon-based DMA provides financial services analytics for banks and credit unions. Nasim was previously the Account Processing President at Fiserv Credit Union Solutions.
2 min read · 05 February 2015
Ray Costa has joined Benefit Street Partners, the credit investment arm of Providence Equity Partners, as an MD. Costa was previously an MD and Co-Head of Deutsche Bank Securities credit trading in North America.
2 min read · 05 February 2015
Kevin Warn-Schindel has joined HarbourVest Partners as a Managing Director based in Boston. He will lead the Real Assets investment program which includes a focus on energy, infrastructure, natural resources, and real estate. Warn-Schindel was previously Group Head and Managing Director of the OPTrust Private Markets Group, an investment unit of OPTrust, a Toronto-based defined benefit pension plan.
2 min read · 05 February 2015
