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PE-backed ACS recruits Moran as chief HR officer

American Construction Source, a national building materials platform for custom home builders and repair and remodel contractors, has named Randi Moran as chief human resources officer. Moran's work background includes senior leadership positions at Elo Touch Solutions, GE Power, Vought Aircraft, Boeing, Hughes Space & Communications and Allied Signal. ACS is backed by Angeles Equity Partners and Clearlake.

Hg opens NY office, led by ex-Temasek and CVC executives

Hg opened a New York office to support the firms existing activities, specifically supporting three U.S.-headquartered software companies, and capitalize on new investment opportunities. The U.S. team will initially have 10 investment professionals, led by Ben Meyer, who joined last year from Temasek, and Gero Wittemann, who joined last year from CVC Capital Partners. Hg appointed Andrew Sukawaty as U.S. chairman.

Ridgemont Equity hires Anthony Cassano from Spire Capital as partner in tech and telecom

Ridgemont Equity Partners hired Anthony Cassano as a partner in its tech and telecom practice. The firm also promoted Charles Anderson, Tim Dillon and Cay Freihofer to partner, Seth Peck to principal, Tyler Houin to vice president and Dan Norton to senior associate. Karen Garrison was promoted to fund controller. Cassano joined Ridgemont from Spire Capital Partners.

Argand promotes three

Argand Partners has promoted Joyce Schnoedl to partner; Dino Sawaya to principal; and Janel Maki to operations manager. Based in New York and the San Francisco Bay area, Argand is a middle-market buyout firm.

PWP adds new partner and MD to firm's advisory business

Perella Weinberg Partners has named Clinton Ray as a partner and Guy Morgan as a managing director for the firm's advisory business. Both are joining PWP from Goldman Sachs and will begin in June 2019.

Private Equity Jobs of the Week: UWorld, Park Hill, Carlyle and Fortress are hiring

This week’s jobs include a principal at Park Hill and associates at Carlyle, Fortress and Lazard.

Van den Bosch exits Charterhouse Capital

Frank van den Bosch, the veteran dealmaker, left Charterhouse Capital Partners at the end of 2018 after nearly 15 years at the firm, Private Equity News reported. Van den Bosch joined Charterhouse in 2005 from Goldman Sachs Group, the story said.

Gen II taps Cameron as COO

Gen II Fund Services, a private equity fund administrator, has named Ian Cameron as chief operating officer. Previously, Cameron was chief financial and operations officer for the Washington State Investment Board.

PE-backed Norican Group president/CEO to resign

Robert E. Joyce Jr, president and CEO of Norican Group, a metallic parts enhancement company, will resign, effective March 31, 2019. Joyce has been leading the company since 2002. Norican Group is backed by Altor Equity Partners.

Stark to head Wilshire Phoenix's new alternative investment unit

Wilshire Phoenix has named Mason Stark as a partner and head of its new alternative investments division, Wilshire Phoenix Asset Management. Stark is a former managing director at Ramius Capital Group.