Private Equity
ORIX USA re-hired John Bozalis as a managing director on ORIX Leveraged Finance in the Dallas office. He will be responsible for originating and executing new investments in senior secured, unitranche and second lien/junior capital primarily in support of middle market private equity groups. Bozalis previously worked at ORIX from 2003 to 2009. Prior to rejoining the firm, he worked as senior vice president at BBVA Compass.
2 min read · 12 April 2016
Sean Mallon, former senior investment director for the CIT GAP Funds, joined George Mason University as associate vice president for entrepreneurship and innovation. From 1999 to 2003, Mallon worked as a principal at Mid-Atlantic Venture Funds.
2 min read · 11 April 2016
Halifax Group, the Washington private-equity firm, named three of its principals as partners and members of the investment committee: Scott Van Duinen, Scott Plumridge and Chris Cathcart. Van Duinen and Plumridge source and manage investments while Cathcart heads the firm’s business development. Halifax is investing out of Halifax Capital Partners III LP, which closed in 2012.
2 min read · 11 April 2016
Bain Capital has decided that all of its businesses will operate under the Bain Capital name, according to a letter to investors obtained by Buyouts Insider. Sankaty Advisors will become Bain Capital Credit while Brookside Capital will be called Bain Capital Public Equity, the letter said. Bain also announced new leadership positions. John Connaughton and Jonathan Lavine were named Co-Managing Partners of Bain Capital, while Josh Bekenstein and Steve Pagliuca were named Co-Chairs, the letter said. Read the Bain Capital letter
1 min read · 07 April 2016
Huron Capital Partners has hired Douglas Sutton and Charles Sheridan, formerly senior investment managers in the U.S. private equity group of the Bank of Montreal (BMO). Huron, a Detroit-based private equity firm, said Sutton and Sheridan will lead a new "flex" equity strategy aimed at less-than-majority investments in lower mid-market companies. The strategy is similar to the one pursued by Sutton and Sheridan at BMO. Sutton joins Huron as a partner, while Sheridan joins as a principal.
4 min read · 07 April 2016
Barry Diller's IAC/InterActiveCorp , which owns popular dating app Tinder, said it hired ex-Lehman Brothers investment banker Glenn Schiffman as its Chief Financial Officer, Reuters News reported.
1 min read · 07 April 2016
Precision Global, a portfolio company of Peak Rock Capital, said April 6 that that Victor Martinez has been appointed General Manager of Precision Mexico and Precision Venezuela. Martinez previously served as a General Manger at Berry Plastics.
3 min read · 07 April 2016
Agdata, the Charlotte, North Carolina, provider of data-management and analytics solutions for the agriculture and animal-health industries, named Andy Zupsic chief executive and said it acquired Focus Technology Group. Zupsic previously was chief operating officer at Sovos Compliance, where he’d led units for professional services, client support, compliance services and tax research. As Agdata CEO Zupsic succeeds Richard Bettison, who was named a board adviser. Focus Technology will be integrated with Agdata’s Animal Health Division, which provides data-enabled solutions to veterinarians, manufacturers, feed mills and specialty pet markets. Agdata was acquired by Vista Equity Partners, the San Francisco private equity firm, in July 2014.
3 min read · 06 April 2016
3 min read · 06 April 2016
Angel Oak Capital Advisors LLC, the Atlanta investment manager focused on fixed income, named Manish Valecha head of institutional alternatives. Valecha, a chartered financial analyst, previously served as head of research at Gapstow Capital Partners, the New York alternative-investment firm, where he was responsible for managing investment strategy, research and due diligence. Valecha’s resume also includes tenures at BlackRock, Barclays Global Investors and other firms.
2 min read · 06 April 2016
