PE Hub Staff

Key Principal Partners Promotes Four

Key Principal Partners has promoted Dan Kessler and Beth Laschinger to vice presidents, and Jon Leffers and Mike Mayon to associates.

Kashkari: Private Investors Ready To Buy Toxic Assets

Kathleen Taradash Joins Northgate Capital

Axsys Technologies For Sale

Banks Toughen as Flimsy Boom-Time Loan Deals Hurt

Cerberus' Snow Wants Banks Cleared of Toxic Assets

Milacron Files for Chapter 11, Selling Itself to Creditors

Eric Pathé Joins Greenpark Capital

Eric Pathé has joined UK secondaries firm Greenpark Capital as an investment director. He previously was with mid-market buyout firm Langholm Capital.

Quadrangle Bulks Up Asset Management Biz

Quadrangle Group has hired three new members of its asset management group: Howard Margolis (director of real assets), Tushar Shah (director of public markets) and Sigurd Strack (director of private markets). Margolis previously was managing director of Black Creek Capital, Shah was a principal with Perella Weinberg Partners and Strack co-founded Headlands Capital Management.

Sunrise Telecom Considers A Sale

Sunrise Telecom Inc. (OTC BB: SRTI), a San Jose, Calif.–based provider of test and measurement solutions for telecom, cable and wireless networks, is exploring strategic options that could include a sale to private equity firms. It has retained Cabrillo Advisors as a strategic advisor.