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Castanea promotes staffer to partner

Castanea Partners has promoted Juan Marcos Hill to partner. Hill first joined Castanea as an associate in 2002. Prior to joining the firm, Marcos worked at Bain & Company.

2 min read · 18 December 2014

Private equity firm Carlyle names insider as CFO-Reuters

Carlyle Group LP has named Curtis Buser, the private equity firm's chief accounting officer since 2004, as its next chief financial officer, succeeding Adena Friedman, who departed in May to return to NASDAQ OMX Group Inc, Reuters reported.

2 min read · 18 December 2014

HBC gets new CEO, Richard Baker continues as executive chairman

Canadian retailer Hudson's Bay Co (TSX: HBC) has named Gerald Storch as its new CEO as of January 6, 2015. Storch was previously chairman and CEO of Toys "R" Us Inc. The company's current CEO Richard Baker will continue as governor and executive chairman. He and Storch will also compose the office of the chairman. Hudson's Bay, which went public in 2012, is a portfolio investment of U.S. private equity firm NRDC Equity Partners.

4 min read · 17 December 2014

ILPA chief who led organization through transformative era to step down

Kathy Jeramaz-Larson, the Canadian executive director of the Institutional Limited Partners Association (ILPA), will step down from the organization as of June 30, 2015. Jeramaz-Larson joined ILPA in January 2007 and led the organization through what has arguably been the most transformative era in the global private equity industry for limited partners.

2 min read · 17 December 2014

General Atlantic promotes five

General Atlantic has promoted Graves Tompkins to managing director and Chris Caulkin, Tony Li, Peter Munzig and Paul Stamas to principal. Tompkins and Stamas are based in New York while Caulkin, Li and Munzig are working in the firm's London, Hong Kong and Palo Alto, Calif. offices, respectively.

4 min read · 17 December 2014

Raine recruits Salmi as senior advisor

The Raine Group has hired Mika Salmi as a senior advisor. Previously, Salmi, who will be based in San Francisco, was CEO of CreativeLive.

3 min read · 17 December 2014

PE-backed Accurus Aerospace Corp appoints EVP and COO

Accurus Aerospace Corp., a Liberty Hall portfolio company, has hired Robert A. Kirkpatrick as executive vice president and chief operating officer. Previously, Kirkpatrick worked at Precision Castparts Corp where he served as senior vice president of airframe products. Accurus is a producer of machined parts, kits and assemblies and processing services for the global aerospace and defense industry.

3 min read · 17 December 2014

ILPA chief who led organization through transformative era to step down

Kathy Jeramaz-Larson, executive director of trade organization the Institutional Limited Partners Association, will step down from the organization as of June 30.

2 min read · 17 December 2014

UBS to nominate BlueMountain exec Staley to board: Reuters

UBS said on Wednesday it would nominate Jes Staley, an executive at New York-based hedge fund BlueMountain Capital Management, to the board of the Swiss bank at its May shareholder meeting.

1 min read · 17 December 2014

Watermill Group hires three

The Watermill Group has hired three people across marketing, transactions and administration. The firm hired Sarah Bowden, an account manager at King Fish Media, as director of marketing. Matt Bergin, who spent more than two years working for Watermill, was re-hired as director of transactions and is responsible for evaluating and coordinating potential deals. Watermill also hired Kaari Purstell as an executive assistant and manager of administration.

2 min read · 17 December 2014

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