Private Equity
Intercontinental Exchange, an operator of global exchanges and clearing houses and provider of data and listings services, has named Warren Gardiner as vice president of investor relations. The appointment becomes effective July 17. Previously, Gardiner worked at Evercore ISI where he served as director of equity research for financial information and exchanges.
2 min read · 07 July 2017
Janice Fukakusa, a former Royal Bank of Canada chief financial officer, was appointed by Ottawa as the first chairperson of Canada's new infrastructure bank, Reuters reported. The Liberal government announced last November it would set up the agency to facilitate private investment in such projects as new roads and bridges in order to supplement government investment with funding from investors such as pension and sovereign wealth funds. The creation of the new entity is part of a broader plan to invest $180 billion over 12 years in improving the country's infrastructure.
1 min read · 06 July 2017
Investment bank Moelis & Company has named Pablo de la Infiesta as a managing director and head of the private funds advisory group in EMEA. Previously, he worked at Lazard where he most recently served as a managing director and European head of the private capital advisory group.
2 min read · 06 July 2017
Chicago-based Snapsheet, a provider of virtual claims software for the personal and commercial insurance sector, has named Vic Pascucci to its board of directors. Pascucci is a managing partner at Lightbank Capital.
3 min read · 06 July 2017
Welsh, Carson, Anderson & Stowe has re-hired Christopher Hooper as a general partner where he will be a member of the firm's tech team. Previously, Hooper joined WCAS in 2005 where he also worked on the tech team before moving to Golden Gate Capital in 2011.
3 min read · 06 July 2017
Rackspace, a portfolio company of Apollo Global Management, has appointed Louis M. Alterman as executive vice president and chief financial officer. Prior to joining Rackspace, Alterman worked at EarthLink where he was CFO. Based in San Antonio, Texas, Rackspace is a managed cloud company.
3 min read · 06 July 2017
Canada Pension Plan Investment Board announced several senior executive changes and appointments. They include the appointment of Senior Managing Director Ed Cass, formerly the pension fund's chief investment strategist, to global head of real assets, replacing Graeme Eadie. Geoffrey Rubin will step into the role previously held by Cass, joining the senior management team. Additionally, CPPIB hired Neil Beaumont as senior managing director and chief financial and risk officer. Beaumont was most recently an executive with BHP Billiton.
3 min read · 05 July 2017
General Atlantic has named Yong Hak Huh as a special adviser for the firm’s initiatives in Asia. Huh is the founder of First Bridge Strategy Limited and the former chief investment office of private markets and direct investment at the Hong Kong Monetary Authority.
3 min read · 05 July 2017
Castle Harlan has promoted Murat T. Konuk and Patrick A. Zyla to vice president. Konuk joined the middle-market private equity firm in 2013 while Zyla came on board in 2014.
2 min read · 05 July 2017
Private equity investors and competitors are either scratching their heads at Sycamore’s purchase of brick-and-mortar retailer Staples or see its founder Stefan Kaluzny as a 'brilliant inventive contrarian'.
3 min read · 03 July 2017