Private Equity
Toronto-based Q9 Networks Inc, a provider of outsourced data centre infrastructure, has hired Karen Sheriff as president and CEO. The appointment becomes effective on January 5, 2015. Sheriff is the former president and CEO of Canadian communications business Bell Aliant Inc. Q9 Networks is currently owned by an investor group that includes Ontario Teachers' Pension Plan, Providence Equity Partners and Madison Dearborn Partners. Update: The company was acquired by these investors in 2012 from U.S. private equity firm ABRY Partners for $1.1 billion.
3 min read · 25 November 2014
Toronto-based Q9 Networks, a provider of outsourced data center infrastructure, has hired Karen Sheriff as president and CEO. The appointment becomes effective January 5, 2015. Sheriff is the former president and CEO of Bell Aliant. Q9 Networks is owned by an investor group that includes Ontario Teachers' Pension Plan, Providence Equity Partners and Madison Dearborn Partners.
2 min read · 25 November 2014
Bank of the West has hired Diane Marshall as a vice president, national banking officer in the Commercial Banking Group. Marshall will be responsible for new business development, due diligence, underwriting, negotiating and structuring middle market transactions in the Chicago market. Marshall most recently was a vice president for Fifth Third Bank in the Structured Financing Group that focuses on middle market private equity companies.
3 min read · 25 November 2014
This week's jobs include a director of private equity at West Monroe Partners, a VP of private equity services at Silicon Valley Bank and private placement agents at Meyler Capital. Also, Militello Capital is seeking a director of business development.
2 min read · 24 November 2014
The Madrid-based firm has stopped fundraising and will officially close before year-end
2 min read · 24 November 2014
The New York City Comptroller’s Office has named Alex Doñé, who has headed up the private equity emerging manager program for two years, as private equity chief for the roughly $158 billion city retirement system.
2 min read · 21 November 2014
Caledon Capital Management has snapped up Stephen Dowd as it newest partner. Dowd was formerly a senior vice president at Ontario Teachers' Pension Plan. Joining the pension fund in 2006, he led its infrastructure and timberlands group from 2007 to 2013. In an interview with peHUB Canada, Dowd said he hopes to apply what he learned at Ontario Teachers' to his new role at Caledon.
2 min read · 21 November 2014
Alberta Investment Management Corp (AIMCo) has appointed Kevin Uebelein as its new CEO, replacing Dr. Leo de Bever, who in April flagged plans to retire. Uebelein, previously the president and CEO of Pyramis Global Advisors, a division of U.S. mutual fund and financial services firm Fidelity Investments, will assume his new role in January 2015. Based in Edmonton, AIMCo manages more than $75 billion in assets on behalf of 27 pension, endowment and government funds in Alberta. Its first CEO, de Bever has led the organization since 2008.
3 min read · 21 November 2014
Toronto-based Caledon Capital Management has recruited Stephen Dowd as a partner. Previously, Dowd worked at Ontario Teachers' Pension Plan where he served as senior vice president.
2 min read · 21 November 2014
Specialty consumer finance firm Regional Management Corp. has named Michael R. Dunn as permanent CEO. The appointment is effective immediately. Dunn is a former partner at private equity firm Brysam Global Partners.
3 min read · 21 November 2014