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Five ex-Brazos execs close debut fund on $420m

The oversubscribed fund, raised by alumni from Brazos Private Equity Partners, reflects the importance of a track record and team experience when raising a debut private equity fund.

2 min read · 02 August 2016

PE-backed FastMed names Hutchison as CFO

ABRY Partners-backed FastMed Urgent Care has hired Robert W. Hutchison as chief financial officer. Previously, Hutchison worked at U.S. HealthWorks where he served as CFO. FastMed is an owner and operator of urgent care facilities in Arizona, North Carolina and Texas.

3 min read · 02 August 2016

Private Equity Jobs of the Week: SEC, State Street, UBS are hiring

This week's opportunities include a compliance gig at the SEC and a senior management position with State Street.

2 min read · 02 August 2016

Hidden Harbor adds new principal to team

Hidden Harbor Capital Partners has hired Brett Craig as a principal. Previously, Craig worked at H.I.G. Capital where he served as a vice president. In addition to the new appointment, Hidden Harbor has also moved to a new office in Fort Lauderdale, Florida.

2 min read · 01 August 2016

McKay joins Proskauer's PE real estate group

Proskauer has hired Vikki McKay as a partner in the firm's private equity real estate group. McKay, who is based in London, previously worked at DLA Piper.

2 min read · 01 August 2016

CreditEase makes Patwardhan a Venture Partner

CreditEase, of Beijing, said Aug. 1 that it named Anju Patwardhan a venture partner for its Fintech Investment Fund and Fund of Funds. Patwardhan is a former global Chief Innovation Officer of Standard Chartered Bank.

3 min read · 01 August 2016

Pan named CIO of Partners Capital: CORRECTED

Partners Capital said Aug 1 that it expanded its leadership team to 15 Partners and Managing Directors. The firm also formally separated the roles of Chief Executive Officer and Chief Investment Officer. It named Colin Pan its CIO. Partners Group appointed the following to Partner: Euan Finlay, Brendan Corcoran and Richard Scarinci, who joins in September. The firm said it also promoted David Shushan to Managing Director.

5 min read · 01 August 2016

Horbach named Co-Head of Carlyle US Buyout

Carlyle Group said July 28 that Allan M. Holt was named Chairman of US Buyout and Chairman of the Investment Committee for Carlyle’s US Buyout funds. Holt, a Managing Director, was previously co-head of the US Buyout team. Sandra J. Horbach, formerly Head of the Consumer & Retail team and an MD, is joining existing Co-head Peter J. Clare to lead Carlyle’s US Buyout business. Jay W. Sammons, a senior member of the Consumer & Retail team and an MD, succeeds Ms. Horbach.

4 min read · 28 July 2016

Ferraris named CEO of PE-backed Roberto Cavalli

Roberto Cavalli S.p.A. said July 28 that it named Gian Giacomo Ferraris as CEO of the company. He replaces Renato Semerari who left the CEO rule due “divergences on the company’s development strategy,” a statement said. Francesco Trapani has also resigned as Chairman of Robert Cavalli and will step down on Sept. 10. Clessidra, an Italian private equity firm, acquired Roberto Cavalli, an Italian fashion house, in April 2015.

2 min read · 28 July 2016

Harvard University endowment chief Stephen Blyth resigns: Reuters

Stephen Blyth, who was appointed to oversee Harvard University's endowment only 18 months ago, has resigned, the Ivy League school said on Wednesday, creating further uncertainty about the management of its $37.6 billion pool of funds.

2 min read · 27 July 2016

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