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Grant Avenue Capital beefs up team with three new hires

New York-based Grant Avenue Capital LLC, a healthcare-focused private equity firm, has hired Alex Ferree and Eric Kim as senior associates. Also, Sari Ring has joined the firm as chief of staff. Previously, Ferree worked at Audax Private Equity where he was an associate while Kim was an associate at Morgan Stanley Capital Partners. And, prior to joining Grant Avenue Capital, Ring worked for two nonprofits, the Alzheimer's Association and Best Buddies.

Madison Dearborn-backed RDX adds three to C-suite

RDX, an IT infrastructure, cloud and database administration managed service provider, has named Mark Clayman as CEO and Gina Murphy as president and chief operating officer. Also, Art Green has been appointed chief financial officer. Clayman is former president and CEO of TriCore Solutions; Murphy is the ex-senior vice president and general manager of application services at Rackspace; and Green was formerly at TriCore Solutions. RDX is backed by Madison Dearborn Partners LLC.

Ex-Ares execs on how to build an institutional PE firm

LightBay Capital, formed by two former Ares Management partners, has focused on employing a differentiated strategy.

Mercatus adds Conway to board

Mercatus, an asset and investment management platform for alternative investors and asset managers, has named Jeff Conway to its board of directors. Conway is a former executive at State Street Corporation.

Private Equity Jobs of the Week: Cambridge Associates, GCM Grosvenor and Wells Fargo are hiring

This week’s jobs include an investment director at Cambridge Associates, a vice president at Wells Fargo Strategic Capital and a secondaries associate at GCM Grosvenor.

CGOS recruits Conacher as director and CEO

Toronto-based Cannabis Growth Opportunity Corporation, an investment corporation with both public and private cannabis holdings, has named Sean Conacher as a director and CEO. His appointment is effective immediately. Currently, Conacher is the CEO and founder of GCI Corporation, a vertically integrated cannabis company.

Guggenheim Partners names Rosenfield as president

Guggenheim Partners has appointed Andrew M. Rosenfield as president. Also, the firm has hired Robert S. Khuzami as a managing partner and chief legal officer. And, Gerald Donini, co-CEO of Guggenheim Securities, will now also become chief operating officer of Guggenheim Partners.

PE-backed Bojangles' taps Stewart as CFO

Bojangles' Inc, a fast food restaurant chain, has named Reese Stewart as chief financial officer. Previously, Stewart worked at CKE where he was senior vice president of finance and chief accounting officer. Bojangles' is backed by Durational Capital and The Jordan Company.

PE-backed Relation expands team with new hire

Walnut Creek, California-based Relation Insurance Services, an insurance brokerage firm, has named Paul Saich as national sales leader. Relation is backed by Aquiline Capital Partners.

Baumgart joins KKR

KKR said Sept. 3 that Jan Baumgart was named a director and head of Real Estate Germany. Baugart joined KKR from PATRIZIA Alternative Investments.