Private Equity
The Wet Seal LLC has named Judd Tirnauer its Executive Vice President and CFO, effective May 1. Tirnauer previously served as Executive Vice President & Chief Financial Officer of Destination Maternity. The Wet Seal, which is owned by Versa Capital, said current Wet Seal CFO, Thomas Hillenbrandt, is leaving to pursue new endeavors.
2 min read · 29 March 2016
A former managing principal at financial services firm Park Hill Group was arrested on charges that he engaged in a $95 million scheme to defraud investors, Reuters News reported.
2 min read · 28 March 2016
Fleetpride, a portfolio company of TPG, has named Allan Dragone as its new President & CEO effective immediately. Dragone takes over for Donald Sturdivant, who will continue to serve on the Board through the transition process. Dragone is the former COO of GCA Services and former CEO of Unisource.
2 min read · 28 March 2016
TPG said Sunday that it appointed Joel Thickins as Country Head of Australia. He takes over the role from Ben Gray, who will stay with TPG until the end of the year. Thickins most recently served as a Director at CHAMP.
2 min read · 28 March 2016
First West Capital, the mezzanine and subordinated debt lending arm of Langley, B.C.-based credit union First West Credit Union, announced it is expanding into Ontario. The firm, which has closed over $110 million in business since 2010, said the move is based on its belief that "mid-market Ontario companies are under-served in terms of their access to capital." First West also announced it has hired David Hastie to lead its operations in Toronto as a regional director. Hastie, who has over 12 years of experience in investment and commercial banking, was previously a district director at Roynat Capital.
3 min read · 24 March 2016
Cotton Creek Capital promoted Lee Rash to director. Rash joined Cotton Creek in 2012 and focuses on evaluation and execution of investments, post-closing operational initiatives and serves on the boards of several portfolio companies. Prior to Cotton Creek, Rash worked at Blackstone Group.
2 min read · 23 March 2016
Lavu Inc has named Marc Chesley as its CEO. He succeeds Andy Lim who is stepping down as CEO but will remain on the Board. Chesley was previously Chief Technology Officer for Infusionsoft. Lavu, which provides iPad point of sale software for restaurants, is backed by Aldrich Capital Partners.
4 min read · 23 March 2016
Rick Brawn has joined GenNx360 Capital Partners as an Operating Partner. Brawn previously served as the Managing Director of Weir Services Europe based in Scotland.
3 min read · 22 March 2016
NorthStar Financial Services Group LLC said Tuesday that it named Jon Baum as its Executive Chairman. Baum was previously Chairman and CEO of The Dreyfus Corp, a subsidiary of BNY Mellon. Northstar is a portfolio company of TA Associates.
3 min read · 22 March 2016
This weeks jobs include analyst positions at Fortress and Vista Equity, a director of investments at Rutgers University, and an associate at Blackstone.
2 min read · 22 March 2016
