Private Equity
Q-Centrix, a portfolio company of Sterling Partners, has named Max Broedlow as chief financial officer. Previously, he worked at Strata Decision Technology LLC. Based in Portsmouth, New Hampshire and Chicago, Q-Centrix is a medical tech company.
3 min read · 15 May 2015
Bank of America Merrill Lynch has formed a new unit called the strategic & private capital solutions group, which will focus on raising money for private companies, according to an internal memo seen by IFR.
1 min read · 15 May 2015
Sidley Austin LLP has hired Dan Clivner as co-managing partner of the Los Angeles office and a member of the mergers and acquisitions and private equity practices. Clivner joined Sidley Austin from Simpson Thacher & Bartlett LLP, where he worked as the Los Angeles managing partner since 1998.
3 min read · 15 May 2015
Houston-based Zenith Energy, a developer and operator of terminals that store and distribute petroleum, natural gas liquids and petrochemicals, has named Carlos Ruiz as chief financial officer and John Jessup as director of corporate development. Previously, Ruiz worked at Barclays Capital where he served as a managing director in the natural resources group while Jessup was a vice president at Riverstone Holdings. Zenith Energy is backed by Warburg Pincus.
3 min read · 14 May 2015
Waltham, Massachusetts-based Kala Pharmaceuticals, a developer of treatments for ocular diseases, has named Mark Iwicki as executive chairman and a member of its board of directors. Previously, Iwicki was the president and CEO of Civitas Therapeutics Inc. Kala's backers include Crown Venture Fund, Lux Capital, Polaris Partners, Third Rock Ventures and Ysios Capital.
3 min read · 14 May 2015
Investment firm Dynasty Financial Partners has hired Scott D. Welch as chief investment officer. Previously, Welch worked at UnconstrainedThought, which he founded and prior to that, was an executive vice president and chief investment officer at Fortigent LLC.
4 min read · 14 May 2015
Nassau Reinsurance, funded by Golden Gate, will be led by Phillip J. Gass and Kostas Cheliotis
1 min read · 14 May 2015
AssuredPartners, which is backed by GTCR, has acquired Jones, Raphael & Oulundsen Inc. No financial terms were disclosed. Based in New Britain, Connecticut, JRO is a provider of personal and commercial insurance solutions.
2 min read · 14 May 2015
Neuberger Berman has hired Kent Chen as managing director and leader of the firm's private equity efforts in the Asia Pacific region. Previously, Chen worked at Hong Kong Monetary Authority where his positions included deputy chief representative of the company's New York office and advisor to the executive director for China at the International Monetary Fund in Washington, D.C.
2 min read · 13 May 2015
Dubai-based NEAH GES, which provides logistics, power generation and security management for energy and critical infrastructure assets, has appointed Stephen L. Norris to its advisory board. Currently, Norris is chairman of Stephen Norris Capital Partners. Also, he is a co-founder of the Carlyle Group.
3 min read · 13 May 2015
