Private Equity
Macquarie Capital has appointed Timothy Alden as a managing director. Previously, he worked at Jefferies where he led that firm’s coverage of aerospace, defense and federal companies.
3 min read · 10 April 2019
Carlyle Group-backed AlpInvest Partners rehired Vjerana Spajic, who joins as a vice president on the secondaries team. Spajic had been working at 17Capital as an investment director focused on preferred equity investments in Europe. She previously worked at AlpInvest form 2012 through 2015.
2 min read · 10 April 2019
AE Industrial Partners has named Tess Sprechman as a vice president. In a newly created role, Sprechman will lead investor relations at the firm. Previously, she was vice president of investor relations at Sun Capital Partners.
2 min read · 10 April 2019
Eli Miller is joining the Blackstone Group, Axios reported. Miller, 36, was most recently chief of staff to Treasury Secretary Steven Mnuchin. Miller will work on public policy at Blackstone, Bloomberg said.
1 min read · 10 April 2019
Northleaf Capital Partners has added three professionals to its global private credit team. The hires include David Jeyes, who joined as a senior credit officer in London. He was previously a senior executive leading restructurings and turnarounds for firms and banks in Europe. Brett Donner also joined as an associate in Northleaf’s Chicago office. He was previously an analyst on the global private finance team at Barings. And Joan Li was hired as a senior manager in Toronto. She joined from Canada Pension Plan Investment Board, where she was a manager, investment finance. Toronto-based Northleaf is a private-markets fund manager, overseeing more than $12 billion in commitments.
3 min read · 09 April 2019
Dussur, a joint venture of the Public Investment Fund, Saudi Aramco and SABIC, has named Dr. Raed AlRayes as CEO. The appointment became effective April 1, 2019. AlRayes is the former adviser to the Minister of Energy, Industry and Mineral Resources in Saudi Arabia. His past leadership roles include serving as deputy CEO and head of investment banking at Al Rajhi Capital.
2 min read · 09 April 2019
Palladin Consumer Retail Partners has named Mary Courtney O'Sullivan as chief financial officer and chief compliance officer. Also, the Boston-based private equity firm has appointed Justin Lee as an associate. Previously, O'Sullivan worked at Advent International where she was vice president of finance and assistant treasurer while Lee was an investment banking analyst with Alantra Partners.
3 min read · 09 April 2019
Edgewater Capital Partners has appointed Dr. Rakesh Kapoor as an operating partner. Previously, Kapoor worked at serving in various leadership roles.
2 min read · 09 April 2019
Gelest Inc, which is backed by New Mountain Capital, has named Jim Whitlock as chief operations officer. Previously, he worked at Honeywell where he was vice president of integrated supply chain for their performance materials and technology business group. Morrisville, Pennsylvania-based Gelest is a maker of supplier of silicones, organosilanes and metal-organics for advanced technology end markets.
2 min read · 09 April 2019
Swiss private equity firm Partners Group has opened an office in Toronto, its fourth in North America. Co-CEO David Layton said the new location will allow Partners Group to "cater to increasing demand from a broad spectrum of Canadian institutions for private markets solutions." To run the office, the firm appointed Brad Ballard, a former director at U.S. investment firm BlackRock. Ballard will manage the Toronto team and develop a Canada-wide network. Partners Group's Canadian investments have included the passenger terminal at Billy Bishop Toronto City Airport, sold in February, and Axia NetMedia Corp, a Calgary-based services provider on fibre communications infrastructure, sold last year.
3 min read · 09 April 2019
