Private Equity
This week’s jobs include a principal at Wellington, a a venture investments VP at Bayer and an associate at Prudential.
2 min read · 28 October 2019
Swizznet, a provider of IT solutions to businesses, has named Bob Hollander as president and member of its board of directors. Previously, Hollander worked at InterVision where he was senior vice president. Swizznet is backed by Bluff Point Associates.
3 min read · 25 October 2019
Wells Fargo Strategic Capital, a Wells Fargo division, has named Dr. Rodney Altman as a managing director in its healthcare group. The appointment is effective immediately. Altman is a part-time physician at Stanford University Medical Center. He is based in San Francisco.
2 min read · 25 October 2019
Noveome Biotherapeutics Inc, a clinical-stage biopharmaceutical company, has named Kevin E. McCracken as senior vice president of operations. Recently, McCracken worked at Kadmon Pharmaceuticals where he was vice president of chemistry. Noveome's backers include Lancet Capital, UPMC Health System, Highmark Health, University of Pittsburgh and Carnegie Mellon University.
3 min read · 25 October 2019
Sorenson Capital has promoted Burke Davis to principal. He originally joined the firm as an associate in 2014 and was named a vice president in 2016.
2 min read · 24 October 2019
Halifax Group said Oct. 24 that it hired Doug Hill as a partner and member of the firm’s investment committee. Hill was previously a managing director and member of the executive committee of Nautic Partners.
2 min read · 24 October 2019
Greg Geiling, a senior Blackstone executive who oversaw special situations investments at BX’s hedge fund unit Blackstone Alternative Asset Management, has left, Reuters reported. Geiling resigned from Blackstone earlier this year and left the firm last week, the story said. Geiling was a senior managing director and head of the hedge fund solutions special situations investing group.
1 min read · 24 October 2019
Kell Reilly has joined General Atlantic as a managing director. Reilly will focus on investments in the Technology sector, based in Palo Alto. Reilly was previously with D1 Capital Partners, where he served as co-head of the technology, media & telecommunications sector.
3 min read · 24 October 2019
Stephen Schwarzman, Blackstone’s CEO, delivered an impassioned defense of BX’s record during the firm’s quarterly earnings call, the Wall Street Journal reported. Blackstone’s portfolio companies have added more than 100,000 net jobs during its ownership over the past 15 years, the story said. BX has made more than 700 control investments during this time but has only experienced one bankruptcy filing and no liquidations, the WSJ said. The firm reported a profit of $779.4 million, or $1.15 a share, compared with $442.7 million, or 64 cents a share, in the same period a year earlier, the story said.
1 min read · 24 October 2019
Riverpoint Medical, a portfolio company of Arlington Capital Partners, has named Doug J. King as CEO. Previously, he was president of Medtronic's spinal business. Headquartered in Portland, Oregon, Riverpoint Medical is a provider of medical devices focused on advanced surgical fiber implants and related technologies.
3 min read · 23 October 2019
