Private Equity
Dallas-based investment bank Commerce Street Capital LLC has hired Annika Cail as vice president. Previously, Cail worked at 24Q where she served as director of marketing and business development.
2 min read · 17 April 2017
The state of Rhode Island hired a senior Goldman Sachs Group Inc executive as chief investment officer to oversee its $7.9 billion pension fund, the state's Treasurer said in an email on Friday, Reuters reported.
1 min read · 17 April 2017
Henry L. Hillman, the Pittsburgh billionaire investor who provided startup funding for KKR & Co and Kleiner Perkins Caufield & Byers, has passed away at 98 years of age.
3 min read · 17 April 2017
Nellson LLC, which is backed by Kohlberg & Company, has appointed Martha Hudak-Roos as vice president of quality and food safety. Also, the company has named Jack Spallone as senior director of corporate purchasing. Based in Anaheim, California, Nellson is a nutritional bar and powder provider.
2 min read · 13 April 2017
Minneapolis-based AllOver Media LLC, an out-of-home advertising platform, has named Marc Macias as vice president of brand partnerships in Chicago. Prior to joining AOM, Macias was VP of strategic partnerships at Silver Chalice Ventures. AOM is backed by Audax Private Equity.
2 min read · 13 April 2017
Pala Investments has beefed up its investment team with two new hires. Joining are Jessica Fung as head of research and Justin Cochrane who will be working on streaming and structured finance. Previously, Fung worked at BMO Capital Markets while Cochrane is a former executive vice president of corporate development at Sandstorm Gold Ltd.
2 min read · 13 April 2017
Bowie Resource Partners LLC, a portfolio company of Galena Private Equity Resources Fund, said April 12 that John J. Siegel, its founder and chairman, will become non-executive chairman. Gene DiClaudio was appointed CEO and Carlos Pons, a Board member of Bowie, has been appointed co-CEO alongside DiClaudio. Galena Private Equity Resources Fund is also providing a capital injection that will allow Bowie to settle outstanding payments, including a termination fee owed to Peabody Energy Corp. Bowie Resource, of Louisville, Kentucky, is a bituminous coal producer.
3 min read · 13 April 2017
Canadian private-markets investor Northleaf Capital Partners has hired James Fung as chief technology officer. Working from the firm's Toronto headquarters, Fung will lead its business technology strategy. Prior to joining Northleaf this year, he was an executive at Accenture Strategy. Northleaf, which has an 85-person team, manages more than US$9 billion in private equity, infrastructure and private credit commitments.
2 min read · 12 April 2017
Star Mountain Capital LLC has hired Thomas L. Jones as a strategic personal investor and senior adviser. Currently, Jones is a managing director at Alvarez & Marsal.
4 min read · 12 April 2017
Valuation and corporate finance adviser Duff & Phelps has beefed up its healthcare M&A advisory practice with two new additions. Joining the team are Phil Smith as managing director and Adam Stormoen as director. Both are based in the firm's Minneapolis office.
2 min read · 12 April 2017