Private Equity
Material Handling Systems Inc, which is backed by Thomas H. Lee Partners LP, has named Scott McReynolds as CEO. He will succeed co-founder and CEO Tony Mouser who stepped down as CEO but will continue managing special projects. Headquartered in Louisville, Kentucky, MHS is a provider of parcel sortation systems, engineering, and equipment.
4 min read · 30 April 2019
Northstar Aerospace Inc, a portfolio company of Wynnchurch Capital LLC, said April 30 that Scott Burdick was named CEO, while Dave McConnaughey will be retiring and transitioning to a board role. McConnaughey had been CEO of Northstar since 2012.
2 min read · 30 April 2019
Monroe Capital LLC said April 30 that Alex Patil has joined the firm’s originations team as managing director, West Coast region. Patil was previously a managing director at Medley Management Inc.
2 min read · 30 April 2019
Hidden Harbor Capital Partners has named Adam Hanselman as a vice president in its portfolio operations group. Also, the lower-middle market private equity firm has appointed Daniel Matam as an associate on the investment team. Prior to joining Hidden Harbor, Hanselman was a project leader at the Boston Consulting Group while Matam was an associate at Atlantic Street Capital.
2 min read · 29 April 2019
Monument MicroCap Partners LLC has named Tim Hildebrand as a vice president. Also, the Indianapolis-based private equity firm has hired Holly Sandlin as an executive assistant and marketing associate. Previously, Hildebrand was a senior associate at Hammond, Kennedy, Whitney & Co while Sandlin was an assistant director at the University of Kentucky.
2 min read · 29 April 2019
O2 Investment Partners has hired Charlie Miller as an associate. Prior to joining O2, Miller was an associate at P&M Corporate Finance, an affiliate of Plante Moran. Also, the Midwestern private equity firm has promoted Joe Vallee to vice president and Sean Darin to senior associate.
2 min read · 29 April 2019
Amit Daryanani has joined Evercore ISI as a senior managing director covering IT hardware, electronic manufacturing services and communications equipment. Previously, he worked at RBC Capital Markets.
2 min read · 29 April 2019
Northleaf Capital Partners has hired Nicholas Doktor as an associate, private equity. Based in Northleaf’s New York office, Doktor will participate in the origination, evaluation and monitoring of the firm's private equity investments. Doktor joins from CIT Bank, an affiliate of U.S. financial services firm CIT Group, where he most recently served as an associate in the sponsor finance group. Toronto-based Northleaf oversees more than US$12 billion in private equity, private credit and infrastructure commitments.
1 min read · 29 April 2019
Neuberger Berman said April 26 that Patrick Flynn, co-portfolio manager of the Neuberger Berman High Yield Strategies Fund Inc, passed away on April 23. His death was unexpected, a statement said.
3 min read · 29 April 2019
This week’s jobs include a vice president at Riverside and associates at GCM Grosvenor, Silverfern and Adams Street.
3 min read · 29 April 2019