Private Equity
UK-based Inflexion Private Equity, a middle-market private equity firm, has opened an office in Boston, Whitney Bower, who joins the firm as a senior adviser, will lead the new office. Bower's work background includes stints at BC Partners, HgCapital and 3i. He is also the founder of Noble Rock Advisors, an investment and advisory firm.
2 min read · 14 January 2019
Davey Coach Sales, a national bus dealership, has named Mark Stenseth as president. Stenseth is replacing John Walsh who has quit to take a new position with Proterra Inc. Stenseth is a former chief financial officer at Transwest Inc. Davey Coach Sales is a portfolio company of Progress Equity Partners.
2 min read · 14 January 2019
Skyway Capital Markets has added an investment banking team to its firm. Beth Cahill will serve as senior managing director. Her team includes Michael Johnson as managing director. Previously, Cahill was senior managing director at CEA.
2 min read · 14 January 2019
Midwest Composite Technologies, which is backed by CORE Industrial Partners, has named Ryan Martin as its new CEO. Recently, Martin was general manager for GE Additive Americas Sales.
3 min read · 14 January 2019
Carlyle Group said Jan. 14 that it promoted 60 professionals to senior positions, including five to partner, 22 to managing director and 33 to principal and director.
4 min read · 14 January 2019
Dan Rudgers has joined Stonington Capital Advisors as a senior managing director effective Jan. 14. Most recently, Rudgers held a senior distribution role at First Avenue Partners and was previously a managing director on Lazard’s private fund advisory team.
2 min read · 14 January 2019
Blackstone Group is launching a growth investing unit and has hired Jon Korngold to lead the platform, the Wall Street Journal reported. The BX unit will take stakes in companies in the phase of development between early stage venture capital and buyouts, the story said. Korngold is a former managing director and global head of financial services at General Atlantic.
1 min read · 14 January 2019
Carlson Private Capital Partners, a middle-market investment firm formed by the Carlson family, has named Emma Gergen as a vice president and Ali Stewart as an associate. Previously, Gergen worked at Norwest Equity Partners while Stewart was at Northwestern Mutual Capital.
2 min read · 11 January 2019
Rockwood Capital hired Tara McCann as managing director and Injong Kim as director. Both based in the firm's New York office. McCann will manage the firm's global fundraising efforts, while Kim will focus on fundraising in Asia. McCann joins from USAA Real Estate, where she led capital raising for the firm'a affiliate Square Mile Capital. Kim joins from National Pension Service of the Republic of Korea, where he focused on global real estate.
3 min read · 11 January 2019
Svoboda Capital Partners LLC has promoted David Rubin to principal. Rubin joined the firm as a vice president in 2015.
2 min read · 10 January 2019