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BDC's François Lecavalier joins Canada Infrastructure Bank

Canada Infrastructure Bank (CIB) has hired François Lecavalier as head of project development effective December 3. Lecavalier has nearly 30 years of experience leading infrastructure and private equity projects in Canada and Europe. He joins CIB from Business Development Bank of Canada (BDC), where he was a senior vice president and oversaw the $600 million Cleantech Scale Up Initiative. Before then, he served as vice president of SNC-Lavalin Capital. CIB is led by President and CEO Pierre Lavallée, formerly the global head of investment partnerships at Canada Pension Plan Investment Board.

PE-backed Desert Downhole Tools appoints Raper as president

Desert Downhole Tools LLC, a Permian Basin provider of artificial lift and downhole products and services, has named Kelly Raper as president. Prior to joining Desert Downhole Tools, Raper was co-founder and president of Priority Artificial Lift. Desert Downhole Tools is backed by Hastings Equity Partners.

PE-backed CVP hires M&A VP

CEI Vision Partners, a management services organization that is backed by Revelstoke Capital Partners, has appointed Carl Berglind as vice president of mergers and acquisitions. Previously, he was senior vice president of strategic transactions at Envision Healthcare.

PE-backed Carolina Beverage Group taps Demos as president and CEO

Carolina Beverage Group, a portfolio company of Brynwood Partners, has named Brian Demos as president and CEO. Previously, Demos worked at TreeHouse Foods Company where he was senior vice president/general manager of several divisions. Based in Mooresville, North Carolina, Carolina Beverage Group is a manufacturer of beverages.

PE-backed Laney names Miller as president and CEO

Laney Directional Drilling Co, which is backed by Altos Energy Partners and Falcon Investment Advisors, has named Todd N. Miller as president and CEO. Miller's background includes roles at WolfCreek Energy Group. Spring, Texas-based Laney is an independent trenchless construction and engineering contractor.

PE-backed Equidate appoints Lee as CFO

Equidate, a stock market for private tech companies, has named Mark Lee as chief financial officer. Lee is a former chief operating officer and chief financial officer at PENSCO Trust Company. Equidate’s backers include Financial Technology Partners, Panorama Point Partners and Operative Capital.

VC-backed People.ai expands C-suite team with two appointments

San Francisco-based People.ai, the artificial intelligence platform for enterprise revenue, has named Dayle Hall as chief marketing officer and Joel Hofman as chief customer officer. Prior to joining People.ai, Hall was head of marketing and sales development at Lithium Technologies while Hofman was responsible for global technical sales and services at Riverbed Technology. People.ai is backed by Andreessen Horowitz, Lightspeed Venture Partners, GGV Capital and Y Combinator.

BelHealth appoints Patel as senior adviser

BelHealth Investment Partners, a healthcare private equity firm, has named Dr. Kiran Patel as senior adviser. Patel is the former chairman of WellCare and America’s 1st Choice.

M2O Private Fund Advisors hires two principals

White Plains, New York-based M2O Private Fund Advisors, a placement agent, has hired Patricia Chalian and Jacob Laub as principals. Previously, Chalian worked at First Avenue Partners where she was a principal while Laub was a principal at Stanwich Advisors.

PE-backed ECM Industries taps Masino as CEO

ECM Industries, which is backed by Genstar Capital, has named Mike Masino as CEO. ECM Industries' current CEO David Scheer will transition to executive chairman. The appointments became effective November 5, 2018. Based in Menonomee Falls, Wisconsin, ECM Industries is a maker and provider of electrical products for construction, maintenance, lighting, irrigation, landscape supply and gas utility markets.