Private Equity

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Youth I.N.C. recruits PE vet Farrell as exec director

New York City-based Youth I.N.C., which helps youth-focused nonprofits grow their organizations, has named Rehana Farrell as executive director. Previously, Farrell served as chief operating officer at Cain Hoy Enterprises. Also, Youth I.N.C. has tapped John Waldron, who co-heads Goldman Sachs' investment banking division, as co-chair of its board.

4 min read · 26 January 2015

PE-backed EyeCare Services Partners hires two and promotes one

EyeCare Services Partners Holdings LLC, a portfolio company of Varsity Healthcare Partners, has hired David L. Thomas as president and chief operating officer. The company has also named Christopher R. Fusco as vice president of business development and promoted Richard C. Edlow to executive chairman. Prior to joining ESP, Thomas worked at Alva Labs where he was a managing partner and board director and Fusco was at Dermatology Solutions Group where he led business development. Previously, Edlow was president of ESP. Based in Baltimore, ESP is an ophthalmologic and optometric services practice.

3 min read · 26 January 2015

Ivo Lurvink joins CVC Capital as partner in Amsterdam office: Reuters

Private equity and investment advisory firm CVC Capital Partners Ltd appointed Ivo Lurvink a partner in its Amsterdam office, effective April 1.

1 min read · 26 January 2015

Editor's Letter: The pension and the placement agent

Two things happened shortly before we went to press with this issue in mid-January that seemed almost symbolic of some larger truth.

3 min read · 26 January 2015

AIMCo picks Dale MacMaster as new CIO

Alberta Investment Management Corp (AIMCo) has appointed Dale MacMaster as its chief investment officer (CIO), effective immediately. In this role, he will oversee the investment management of the Edmonton-based pension fund's $80 billion in assets. Prior to assuming the new role, MacMaster served as AIMCo's executive vice president of public market investments. He has been with the firm since 1998. Last November, AIMCo hired Kevin Uebelein as its new CEO, replacing Dr. Leo de Bever.

3 min read · 23 January 2015

Former TPG Capital Europe head joins Colony Capital

Colony Capital has recruited Philippe M. Costeletos as a principal and international chairman.

1 min read · 23 January 2015

PE-owned Gerber Scientific names CFO

Gerber Scientific Inc, which is owned by Vector Capital, has hired John Capasso as chief financial officer. Previously, Capasso worked at Varel International Energy Services where he served as CFO. Based in Tolland, Connecticut, Gerber is a integrated solutions provider for the apparel and industrial sectors.

2 min read · 23 January 2015

GTCR-backed Opus Global appoints Grant as SVP and CMO

Opus Global, a GTCR portfolio company, has hired Bruce Grant as senior vice president and chief marketing officer. Previously, Grant worked at Calypso Technology where he served as head of strategic and business intelligence and director of strategic marketing. Headquartered in Palo Alto, California, Opus Global is a risk and compliance platform firm.

3 min read · 22 January 2015

Fifth Street Finance Corp promotes Owens to CEO

Fifth Street Finance Corp. has promoted Todd G. Owens from president to CEO. Owens, a former partner at Goldman Sachs, is replacing Leonard M. Tannenbaum who resigned as CEO but will remain in charge of the firm's investment advisor Fifth Street Asset Management. Also, the company has named Ivelin M. Dimitrov, its current chief investment officer, as president.

2 min read · 22 January 2015

CenterGate Capital adds Liu as a principal

Austin, Texas-based lower middle market private equity firm CenterGate Capital has recruited Tim Liu as a principal for its investment team. Previously, Liu worked at Platinum Equity where he served as a vice president.

2 min read · 22 January 2015

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