Private Equity
Norwest Equity Partners and Norwest Mezzanine Partners hired Charles P. Moorse as in-house general counsel. Moorse was previously partner at Lindquist & Vennum, where he worked for over 30 years and also served as co-chair of the private equity group and chair of the M&A practice group.
3 min read · 10 May 2016
Credit Suisse announced the addition of Eric Varvel to its international wealth management division, effective June 1, 2016. Varvel will succeed Bob Jain as global head of asset management, reporting to Iqbal Khan, CEO of international wealth management. A twenty-five year veteran of Credit Suisse, Varvel has held several senior roles at the company, including in the Asia Pacific region.
3 min read · 10 May 2016
Brad Critchell has joined Hycroft as a Managing Director. Critchell was most recently a Managing Director at Stanwich Advisors.
2 min read · 10 May 2016
Imagine! Print Solutions, a portfolio company of Oak Hill Capital partners, named John J. Hans CEO and a member of the board of directors, effective June 1, 2016. Hans, formerly COO of Restaurant Supply Chain Solutions, LLC, will succeed Imagine! founder Bob Lothenbach, who has led the in-store marketing provider since its inception in 1988.
4 min read · 09 May 2016
Blackstone appointed Daniel C. Heintzelman, formerly vice chairman at General Electric, as a senior advisor. Heintzelman will also serve as chairman of Blackstone private equity portfolio company MB Aerospace, which manufactures and repairs engine components. He will provide counsel on the aerospace and industrial sectors.
2 min read · 09 May 2016
Law firm Cooley LLP added three new partners to its global private equity group: in New York, Ron Hopkinson from Cadwalader, Wickersham & Taft; in Palo Alto, Eric Schwartzman from Weil, Gotshal & Manges; and in London, Stephen Rosen from Olswang. With offices in the United States, China and Europe, Cooley serves private company clients across the tech and life sciences sectors and handled more than 200 M&A deals in 2015.
2 min read · 09 May 2016
Early-stage venture capital firm Benchmark announced the appointment of Chris Tsakalakis as its newest Entrepreneur-In-Residence. Tsakalakis, who served as president of StubHub after leading eBay's acquisition of the company, plans to pursue new opportunities in e-commerce, marketplaces and health tech.
2 min read · 09 May 2016
Lending Club said May 9 that it accepted the resignation of its Chairman and CEO Renaud Laplanche. Scott Sanborn will continue in his role of President and will become acting CEO. Hans Morris, a Lending Club director, has assumed the newly created role of Executive Chairman. Lending Club said Laplanche’s resignation followed an internal review of sales of $22 million in near-prime loans to a single investor, in contravention of the investor's express instructions as to a non-credit and non-pricing element, in March and April 2016.
10 min read · 09 May 2016
PsiKick said May 9 that it named Philip J. Carmack as its CEO. Brendan Richardson, PsiKick’s founding CEO, has transitioned to VP of Business Development. Carmack was the CEO of Aptina Imaging Corp until it was sold to ON Semiconductor in June 2014. PsiKick is backed by investors including New Enterprise Associates.
4 min read · 09 May 2016
Anaqua, Inc., a portfolio company of Insight Venture Partners, announced the appointment of Justin Crotty as CFO. Crotty, formerly a partner at Oliver Wyman, succeeds Dan Wallace. Anaqua provides intellecutal property management software to corporations and law firms.
2 min read · 06 May 2016