Deborah Bernstein and Jason Rotman have joined Aquiline Capital Partners as investment professionals. Bernstein previously was a general partner with Pequot Ventures, where she co-led the firm’s financial services practice. Rotman previously was with Swiss Re as head of alternative investments.
2 min read · 24 November 2008
4 min read · 24 November 2008
Cosi Inc. (Nasdaq: COSI), a quick-casual sandwich shop operator, has formed a special committee to “evaluate strategic alternatives.” It also has retained North Point Advisors. The company’s stock closed trading Friday at $0.40 per share.
2 min read · 24 November 2008
Babson Capital Management has promoted Thomas Finke to chairman and CEO, and also named him chief investment officer of MassMutual. Babson also has promoted Clifford Noreen to president.
3 min read · 24 November 2008
Spire Capital Partners has sponsored the formation of AssetNation Inc., a Houston-based provider of online industrial auctions. No financial terms were disclosed.
3 min read · 24 November 2008
Carrier Corp., a unit of United Technologies Corp. (NYSE: UTX), has acquired Noresco from OCM/GFI Power Opportunities Fund II, a private equity fund co-managed by GFI Energy Ventures and Oaktree Capital Management. No financial terms were disclosed. Noresco is a Westborough, Mass.–based provider of energy management and performance contracting services in the United States. It was advised on the sale by Harris Williams & Co.
3 min read · 24 November 2008
3 min read · 24 November 2008
1 min read · 24 November 2008
3 min read · 24 November 2008
4 min read · 23 November 2008
