Private Equity
Los Angeles-based private equity firm Levine Leichtman Capital Partners has named Wouter Snoeijers as a managing director for its Netherlands office. Prior to joining LLCP, Snoeijers worked at PGGM where he was a director.
2 min read · 05 January 2015
Hibernia Networks, which is owned by Columbia Ventures Corp. and funds managed by Constellation Growth Capital, has named Omar Altaji as chief commercial officer. The appointment is effective immediately. Altaji is the founder of Pangaea Technology Advisors. Hibernia Networks is a provider of global telecommunications services.
3 min read · 05 January 2015
Greek yogurt maker Chobani is considering replacing Chief Executive Hamdi Ulukaya with its President and Chief Operating Officer Kevin Burns, the New York Post reported, citing people familiar with the matter.
1 min read · 05 January 2015
Adam Levine, a former assistant press secretary for U.S. President George W. Bush, has left his position as managing director of global public affairs at TPG Capital LP, a spokesman for the private equity firm said on Saturday.
1 min read · 05 January 2015
A U.S. hedge fund founder and former private equity executive was found shot to death in his Manhattan apartment on Sunday, and New York police are seeking his son for questioning, authorities said.
1 min read · 05 January 2015
Berkshire Partners has promoted three people, Dave Bordeau, Marni Payne and Raleigh Shoemaker, to managing directors effective Jan. 1, 2015. They join a team of 19 current managing directors. Bordeau joined Berkshire in 2006 and has experience with the firm's consumer products, retail and business services companies. Payne joined Berkshire in 2000 as an associate and returned to the firm in 2004 after business school. She works with the firm's consumer products and retailing companies. Shoemaker joined the firm in 2006 focusing on business development activities. He became director of investor relations in 2013.
3 min read · 05 January 2015
Ballantyne Strong has named Samuel C. Freitag as chairman of its board of directors. The appointment became effective January 1, 2015. Freitag replaces William F. Welsh, II, who has stepped down as chairman while continuing as a member of its board of directors. Freitag is a former president of private equity fund manager McCarthy Capital Corp. Ballantyne Strong is a provider of digital technology solutions.
3 min read · 02 January 2015
Brookdale Senior Living has added William G. Petty, Jr. to its board of directors. Petty is a founding partner of Beecken Petty O'Keefe & Company, a healthcare-focused private equity firm. Brookdale is an operator of senior living communities in the U.S.
3 min read · 30 December 2014
RCS Capital Corp. has named Mark Auerbach as chairman of its board of directors. The appointment becomes effective immediately. Auerbach replaces Nicholas S. Schorsch who is leaving both his posts as a member of the board of directors and its chairman. Also leaving RCS Capital's board of directors is William M. Kahane.
5 min read · 30 December 2014
This week's job opportunities include an investment director at CalSTRS, a senior portfolio manager at Colorado PERA and a private equity investment professional at UBS. Also, Grosvenor Capital is looking for a private equity compliance associate.
2 min read · 29 December 2014
