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BayBoston Managers taps Sitton as managing partner

BayBoston Managers LLC has hired Liesl Sitton as a managing partner. Sitton is a former portfolio director at Boston Consulting Group and ex-vice president of finance at Devonshire Investors, the private equity division of Fidelity Investments.

2 min read · 12 September 2017

PE-backed SolunoBC appoints board chair

SolunoBC, which is backed by SEB Private Equity, has named Patrik Sörqvist as chairman of the board. . Previously, he worked at Mitel where he served as vice president of cloud for the European, Middle East and African markets.

3 min read · 12 September 2017

Stern Partners' David Eisler joins Regimen Equity Partners

Canadian private equity firm Regimen Equity Partners has recruited David Eisler as a managing director. In the role, Eisler will work with Regimen’s team to identify and secure investments in private Canadian businesses and help those businesses grow. He joins Regimen from Canadian private equity firm Stern Partners, where since 2015 he served as a vice president. Before then, Eisler spent 14 years as a managing director at Banyan Capital Partners. Vancouver-based Regimen invests in companies with a focus on commercial and industrial markets and annual earnings of $3 million to $10 million. It also has offices in Edmonton and Toronto.

2 min read · 12 September 2017

Online lender SoFi CEO Cagney to step down: Reuters

Mike Cagney, one of the most prominent executives in the U.S. financial technology sector, will step down as chief executive of Social Finance, the online lender he co-founded, before the end of the year, Reuters reported.

2 min read · 12 September 2017

Private Equity Jobs of the Week: Blackstone, Z Capital Partners, SFERS are hiring

This week's opportunities include an M&A analyst job at Blackstone and management roles with Z Capital and SFERS.

2 min read · 11 September 2017

Gridiron Capital ups Jackson to senior managing director

Gridiron Capital LLC has promoted Kevin Jackson to senior managing director. Jackson joined the New Canaan, Connecticut-based middle-market private equity firm in 2010 as a vice president and was promoted to managing director in 2012.

2 min read · 11 September 2017

Matrix Capital Markets Group announces promotions and new hires

Matrix Capital Markets Group, a middle-market investment bank, has promoted Vance Saunders to managing director and principal, John J. Underwood to managing director and Carlton C. Zesch to senior analyst. And, joining the firm as analysts are Martin C. P. McElroy, Jr. and Kyle B. Tipping.

4 min read · 11 September 2017

Resolve Systems taps Sibille as global channels and strategic alliances VP

Resolve Systems, which is backed by Insight Venture Partners, has hired Dan Sibille as vice president of global channels and strategic alliances. Previously, Sibille worked at TrapX where he led their worldwide channel efforts. Based in Irvine, California, Resolve Systems is a security and IT incident response automation and orchestration platform for businesses.

3 min read · 11 September 2017

PE-backed ERP Power adds new VP to team

ERP Power LLC, a portfolio company of Angeles Equity Partners, has named Harald Thomas as vice president of sales Europe. Previously, Thomas worked at CREE. Headquartered in Moorpark, California, ERP is a provider of small, smart and connected LED drivers for the lighting industry.

2 min read · 11 September 2017

TPG names industry veteran Sun to head China business: Reuters

Global buyout firm TPG hired industry veteran Chang Sun as head of its China business, looking to grow beyond traditional private equity investments and into distressed opportunities and real estate, among other areas, Reuters reported.

2 min read · 11 September 2017

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