Private Equity
Six Red Marbles, which is backed by Calvert Street Partners, has named Tom Gernon as senior vice president of technology and operations and chief technology officer. Previously, Gernon worked at the Princeton Review where he served as chief information officer. Headquartered in Boston, Six Red Marbles is a producer of digital and blended learning programs and educational solutions.
2 min read · 04 September 2015
Dorman Products Inc, a provider of automotive replacement parts, automotive hardware, brake products and household hardware, has named G. Michael Stakias to its board of directors. Currently, Stakias is the president and CEO of New York-based private equity firm Liberty Partners.
2 min read · 04 September 2015
Monrovia, California-based STAAR Surgical Company, a maker of implantable lenses and delivery systems for the eye, has named William P. Wall to its board of directors. Wall is the former general counsel at Abrams Capital. He was also a founding partner of Andover Capital.
3 min read · 03 September 2015
Reston, Virginia-based Vricon Inc, a provider of 3D geodata and 3D visualization solutions, has named Gilman Louie as chairman of its board. Louie is the founder and former CEO of In-Q-Tel. Vricon is a new joint venture between Saab AB and DigitalGlobe.
3 min read · 03 September 2015
Chris Meyn, who led the private equity team at Gávea Investimentos, has stepped down months after the firm closed its fifth fund on about $1.1 billion.
2 min read · 03 September 2015
Black Diamond Capital Partners Ltd has named Robert Torres and Anthony Clark, CEO and chief operating officer, respectively. According to the company, Jeffrey Howard, a co-founder of the firm, has resigned as chairman and CEO "to pursue other endeavors." Prior to his new appointment, Torres was the executive vice president of North America operations for Black Diamond. And, although he is leaving the company, Howard will not be exiting his stake in Black Diamond.
2 min read · 02 September 2015
Vancouver-based Diversified Royalty Corp, which acquires royalties from North American businesses and franchisors, has named Greg Gutmanis as chief financial officer, vice president of acquisitions and corporate secretary. Gutmanis rejoins Diversified Royalty after previously serving as the firm's interim CFO from March 2014 to January 2015. He is the former CFO and vice president of Maxam Capital Corp, a Canadian private equity firm. Prior to this, he worked at Capital West Partners.
5 min read · 02 September 2015
Vancouver, British Columbia-based Diversified Royalty Corp, which acquires royalties from businesses and franchisors in North America, has named Greg Gutmanis as chief financial officer, vice president of acquisitions and corporate secretary. Gutmanis rejoins DIV after previously serving as the company's interim CFO from March 2014 to January 2015. He is the former CFO and vice president of Maxam Opportunities Fund II LP. Prior to this, he worked at Capital West Partners.
5 min read · 02 September 2015
Silverfleet Capital has promoted Alfa Chan, David Mackenzie and Joachim Braun to partners. Also, the European private equity firm also said that Adam Ahern will be joining as an associate at the end of the month.
3 min read · 02 September 2015
San Francisco-based Prosper Marketplace, the parent of Prosper Funding, an online marketplace for consumer credit, has hired Parker Barrile as chief product officer. Previously, Barrile worked at LinkedIn where he served as vice president of product management. Prosper Marketplace’s backers include Institutional Venture Partners, Phenomen Ventures, Sequoia Capital and BlackRock.
2 min read · 01 September 2015