Private Equity
New York Life Investment Management LLC, an asset management subsidiary of New York Life, has named Yie-Hsin Hung as CEO. Hung is succeeding Drew Lawton who is retiring the end of the year. Previously, Hung was co-president of NYLIM.
3 min read · 21 May 2015
Joseph Bae, the Korean-American dealmaker that KKR & Co LP (KKR.N) sent to Hong Kong ten years ago to set up its Asian operations from scratch, will move back to the United States, the private equity firm has told its fund investors.
2 min read · 21 May 2015
Edgewood Partners Insurance Center, which is backed by The Carlyle Group and Stone Point Capital, has hired Myesha Lamison as director of benefits technology. Previously, Lamison worked at Zenefits where she served as a benefits program manager. Based in San Francisco, Edgewood Partners Insurance Center is a provider of retail property, casualty and employee benefits insurance.
2 min read · 21 May 2015
Maximilian Biagosch has joined Canada Pension Plan Investment Board (CPPIB) as a senior principal, leaving UniCredit after a brief stint as head of the high-yield bond syndicate, Reuters reported. Before his time at UniCredit, Biagosch worked at private equity firm Permira for seven-years, becoming head of their financing group in 2011.
1 min read · 20 May 2015
Altamont Capital Partners has hired Todd Lachman as an operating partner. Previously, Lachman was global president of the Mars Petcare business.
2 min read · 20 May 2015
Longitude Capital has promoted Sandip K. Agarwala to managing director. Prior to joining Longitude in 2013, Agarwala worked at Auven Therapeutics where he served as a vice president.
2 min read · 20 May 2015
Vancouver-based mass payments platform Hyperwallet Systems Inc has hired Brent Warrington as its new chief executive officer. Previously, Warrington was the head of FundsXpress, which was acquired by First Data. Hyperwallet is backed by U.S. private equity firm Primus Capital. Update: In June 2014, Primus provided the company with undisclosed growth funding. Founded in 2000, the company also has an office in San Francisco.
3 min read · 19 May 2015
Charlotte, North Carolina-based Kure Corp, a provider of of vaporizing pens, e-juices, and related accessories, has named Anthony Kennedy Shriver to its board of directors. Shriver's appointment became effective May 1. Shriver is the chairman and CEO of Best Buddies International. Kure is backed by Siskey Capital.
3 min read · 19 May 2015
San Francisco and Vancouver-based payments platform provider Hyperwallet Systems Inc has hired Brent Warrington as its new chief executive officer. Previously, Warrington was CEO of FundsXpress, which was acquired by First Data. Hyperwallet is backed by Primus Capital.
3 min read · 19 May 2015
Orchid Underwriters Insurance Agency LLC, a portfolio company of Gryphon Investors, has appointed Lynda Butler as chief financial officer. Previously, Butler worked at Nationwide Insurance where she recently served as CFO and vice president of Nationwide Insurance brand property and casualty division.
3 min read · 19 May 2015