Private Equity
2 min read · 20 May 2016
Private equity firm Trilantic Capital Management L.P. announced the opening of an office in Austin, Texas. Chris Manning, managing partner of Trilantic North America and chairman of Trilantic Energy Partners, will oversee the office along with Glenn Jacobson, partner. In addition, Andy Hopping, vice president, and Phil Law, associate, have relocated to Austin.
2 min read · 19 May 2016
Tony James, president and COO of Blackstone Group LP, will be one of the star attractions at next week’s annual conference of the Canadian Venture Capital and Private Equity Association (CVCA). James, Blackstone’s No. 2 executive, will deliver the opening keynote address at the Toronto event on Wednesday, May 25th.
2 min read · 19 May 2016
Dan Matkin, formerly assistant director at PwC, joined NorthEdge Capital as investment manager, following the recent closure of the firm's £300m Fund II. At PwC Matkin worked in the corporate finance and assurance divisions, leading several private equity transactions. NorthEdge focuses on investing in the North of England.
3 min read · 19 May 2016
Canada Pension Plan Investment Board's (CPPIB) Chief Executive Mark Wiseman will step down to take up a role with BlackRock Inc, the world's biggest asset manager, Reuters reported. Wiseman, who has transformed the Toronto-based pension fund into one of the world's most active deal-makers over the past four years, is set to step down next month. He will be replaced by Mark Machin, who heads CPPIB's international operations.
4 min read · 19 May 2016
Revenue Management Systems (RMS) said May 18 it named Dan Whelan as its CEO. Whelan previously served as General Manager of Data Fusion Technologies. Mercator, which is backed by Warburg Pincus, acquired RMS in April.
4 min read · 19 May 2016
Fenway Summer Ventures announced the hiring of Javier Saade as managing director. Saade previously worked at the U.S. Small Business Administration, following a twenty-year career at various investment and consulting firms. Fenway Summer is an early-stage venture capital firm focusing on services and technology in the financial sector.
3 min read · 18 May 2016
PharmaCan Capital Corp, a merchant bank that invests in the Canadian medical marijuana industry, has appointed Michael Gorenstein as its president and CEO, replacing Paul Rosen, who has resigned. Gorenstein, who has served as vice-chairman of PharmaCan, is a partner at Alphabet Ventures, a New York-based investment management firm. Toronto-based PharmaCan also announced the close of the first tranche of a $6 million private placement deal.
4 min read · 18 May 2016
1 min read · 18 May 2016
Private equity firm Orion Energy Partners announced several new hires, including managing directors Rui Viana (head of risk optimization) and Karen Vejseli (chief financial officer). The additional personnel represent the completion of Orion Energy's initial staffing plan as originally conceived.
3 min read · 18 May 2016