Private Equity
Ribbon Communications, a provider of cloud communications, has named Franklin W. Hobbs as president and CEO. His appointment follows the resignation of Ray Dolan and president and CEO of the Ribbon Communications. Since 2004, Hobbes served as adviser to One Equity Partners LLC.
4 min read · 14 December 2017
Arsenal Capital Partners has promoted Gene Gorbach, Roy Seroussi and Brian Orkin to investment partner. Also, Arsenal has promoted Yoonmo Yang to vice president. Gorbach and Seroussi joined Arsenal in 2008, Orkin came on board in 2010 and Yang joined in 2016.
2 min read · 14 December 2017
Waterfall Asset Management has hired Gene Weil and John Nelligan to launch and oversee a new private equity platform that will operate under the name Waterfall Milestone. Weil was the co-head of Houlihan Lokey's financial institutions group while Nelligan was a managing director.
3 min read · 13 December 2017
This week there are opportunities with South Carolina's pension system, multifamily office Bessemer Trust and investment bank Baird.
2 min read · 13 December 2017
Canadian private equity firm Clairvest Group has introduced changes to its top leadership. Co-CEO and Managing Director Jeff Parr will transition to vice chairman and managing director, while Managing Director Michael Wagman will become president and managing director. Wagman will also join Clairvest's board. Ken Rotman will continue to lead the firm as CEO and managing director. Rotman and Parr co-led Clairvest for 22 years. Founded in 1987, the Toronto-based firm has under its current management team invested $1 billion in 42 mid-market companies.
2 min read · 13 December 2017
Banker's Toolbox, which is backed by Accel-KKR, has named Max Thoene as chief operating officer. He is the former COO at FATHOM Global Water Management. Based in Austin, Texas, Banker’s Toolbox helps organizations manage risk and streamline compliance.
3 min read · 12 December 2017
ABODA, which was recently acquired by Westbridge Capital's alternative accommodation brand RESIDE Worldwide, has promoted Robyn Joliat to executive vice president. Joliat joined ABODA in 2015 as vice president of global client services and new market development. Seattle-based ABODA is a provider of housing solutions.
3 min read · 12 December 2017
Fiera Comox, a private equity and agriculture investment affiliate of Fiera Capital Corp, has hired Patrick Lynch as a partner, private equity. Prior to joining the firm, Lynch was head of funds and partnerships at Caisse de dépôt et placement du Québec. Before then, he served in a similar role at Mubadala Development Co, an Abu Dhabi sovereign wealth fund. Lynch will now be responsible for all aspects of Fiera Comox's private equity strategy, which will be launched in 2018. Montréal-based Fiera Comox was formed last year by the principals of Comox Equity Partners and Fiera Capital, a Canadian asset manager.
3 min read · 08 December 2017
Fiera Comox has hired Patrick Lynch as a partner in the firm's private equity business. Previously, Lynch was an executive at Caisse de dépôt et placement du Québec.
2 min read · 08 December 2017
Ziegler has named Brian McGough as a managing director for its healthcare investment banking team. McGough will be based in Chicago.
3 min read · 08 December 2017