Private Equity
Palamon Capital Partners said Monday it named Ali (Alexandre) Rahmatollahi as Associate Partner and Christian Beck as a member of the Firm’s Board of Advisors. Rahmatollahi joins Palamon from Morgan Stanley where he was most recently as an Executive Director with responsibility for Financial Sponsor coverage. Beck has been CEO of several growth businesses including Banqsoft ASA, Sakhalin Petroleum and Small Shops Gruppen, a Warburg Pincus portfolio company.
3 min read · 20 October 2014
Aqua Terra Water Management said Monday that current board member Mark Harris has been hired to serve as CEO of Aqua Terra. Aqua Terra, a merchant operator of salt water disposal facilities, is backed by Bregal Partners.
3 min read · 20 October 2014
Access Point Financial has hired David Wahl as managing director of portfolio management. Previously, Wahl worked at Trimont Real Estate Advisors. Formed by APF management and Stone Point Capital, APF is an Atlanta-based lending and advisory platform.
2 min read · 17 October 2014
UBS Global Asset Management has named Ned McNally as a director and national sales manager. McNally will focus on business development efforts in the firm's U.S. financial institutions group. Previously, McNally worked at JP Morgan Asset Management where he served as an external client advisor.
3 min read · 17 October 2014
Hawthorne Global Aviation Services has appointed David C. Hurley as vice chairman of its board of directors. Hurley is the founder of Flight Services Group. Based in Charleston, SC, Hawthorne is a general aviation services provider. Moelis Capital Partners and Hawthorne Corp. launched Hawthorne in 2010 to pursue an FBO acquisition strategy.
3 min read · 17 October 2014
Edward "Ned" J. Kelly III, former Chairman of the Institutional Clients Group at Citigroup, and Ranji H. Nagaswami, ex-Chief Investment Advisor to Mayor Bloomberg's administration for the City of New York, have joined Corsair Capital as Senior Advisors. Kelly and Nagaswami will help Corsair identify and evaluate new investments.
5 min read · 17 October 2014
Dick LeBlanc was named President of Flow International Corp. effective immediately. LeBlanc will report directly to the Waterjet Holdings President & CEO David Savage. LeBlanc most recently served as the EVP of Global Sales and Marketing for Flow, which develops and makes industrial waterjet machines for cutting applications. Waterjet Holdings, which is backed by American Industrial Partners, acquired Flow in January.
2 min read · 17 October 2014
Restaurant chain Black Angus Steakhouse, which is backed by Versa Capital Management, has named Christopher P. Ames as president and CEO. The appointment became effective September 15, 2014. Previously, Ames worked at Benihana Restaurants where he served as chief operating officer.
3 min read · 16 October 2014
Toronto-based Keek, a free social video platform provider, has appointed David Birnbaum to its board of directors. Birnbaum is the president of Broadway Video Ventures, the corporate strategy, investment and acquisition arm of Broadway Video Entertainment. He is also a former investment professional at Apax Partners.
3 min read · 16 October 2014
This is the sixth investment from IK’s new fund
2 min read · 16 October 2014