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River Road hires Yang as portfolio manager

William W. Yang has joined River Road Asset Management as a portfolio manager. Previously, Yang worked at Boston Private Wealth LLC where he served as senior portfolio manager.

2 min read · 10 October 2016

PE-backed ABRA Auto Body & Glass taps Fandozzi as CEO

ABRA Auto Body & Glass, a portfolio company of Hellman & Friedman LLC, has named Ann Fandozzi as CEO. Fandozzi is a former CEO of Ride Group. Minnesota-based ABRA is a national damaged vehicle repair company.

3 min read · 10 October 2016

University of California Regents private equity MD to become CIO of Irvine Foundation

California-based nonprofit The James Irvine Foundation has appointed Tim Recker as its new chief investment officer. Recker will be succeeding John Jenks who will retire in January. Currently, Recker is the managing director for private equity and real assets at the Regents of the University of California.

2 min read · 10 October 2016

EA Markets adds new MD to team

EA Markets LLC has hired Harpreet Wadhawan as a managing director. Previously, Wadhawan co-founded Faehm LLC.

2 min read · 10 October 2016

Asia Century promotes three

Asia Century Investment Ltd has made three promotions. Steven Davids has been upped to head of global equities of the global equity division, Jason Steinberg is now senior equity trader and team manager on the U.S. large cap and core strategy and Jason Goldman has become global equities strategist and fund analyst on ACI Fund Management.

3 min read · 10 October 2016

Peak Rock-backed Precision makes three appointments

Precision Global, a portfolio company of Peak Rock Capital, has named Matthias Welp as director of global account management, Abe Baksh as bag-on-valve sales manager of North America and Pascal Delettang as pump sales manager of North America. New York-based Precision is a maker of valves, actuators and other dispensing solutions.

3 min read · 10 October 2016

Brazil's Fator taps Murgel to lead asset management unit: Reuters

Banco Fator SA has tapped Wagner Murgel to head money management operations, in a bid to help the Brazilian mid-sized lender bolster fee-related income amid tepid merger and capital markets activity in Latin America's largest economy, Reuters reported.

2 min read · 07 October 2016

Cortec adds two to team and promotes one

Cortec Group has named Robert Whipple as a managing director. Previously, Whipple was a principal at Apax Partners. Also, the New York-based private equity firm recently promoted Jack Miner to vice president and hired Nick Cooper as an associate. Miner has been with Cortec since 2011 while Cooper previously worked at Piper Jaffray & Co as an analyst.

2 min read · 07 October 2016

Värde Partners appoints two partners as co-CIOs

Värde Partners has named two of the alternative investment firm's partners Ilfryn Carstairs and Jeremy Hedberg as co-chief investment officers. Both will join current CIO George Hicks, who is also the firm’s CEO. Carstairs and Hedberg's appointments become effective January 1, 2017. Hicks will step down from being a co-CIO on January 1, 2018 and focus solely on being the company's CEO.

2 min read · 07 October 2016

Perella Weinberg appoints new MD

Perella Weinberg Partners has named Joseph S. Lovell as a managing director for its advisory business. Previously, Lovell worked at Wells Fargo Securities where he most recently served as a managing director.

2 min read · 06 October 2016

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