Private Equity
Abigail Johnson has taken another big step toward being the next leader of Fidelity Investments after the company said she will add the title of chief executive to her duties, Reuters reported.
1 min read · 13 October 2014
TIAA-CREF's Covariance has hired Kevin Nee as CEO. Prior to joining Covariance, Nee worked at Wilshire Private Markets. He is also a former managing director at BlackRock Alternative Advisors.
3 min read · 13 October 2014
Asia-based financial services group Nomura has expanded its investment banking division with 15 senior appointments. Among the hires are Frank Kinney who joins Nomura as a managing director and head of industrials, Americas; Michael Rintoul, who is now managing director and head of business services; and Christopher Harned, who has become managing director in M&A, specializing in consumer products.
5 min read · 13 October 2014
Bethesda, Maryland-based investment management firm Calvert Investments has hired John Streur as its next CEO. Streur will join the company on October 27, 2014 and "assume full responsibilities" on January 1, 2015. Currently, Streur is the president, director and principal of Portfolio 21.
3 min read · 13 October 2014
International law firm Fried, Frank, Harris, Shriver & Jacobson has appointed Graham White as head of the firm's private equity practice in Europe. He has also been named partner in Fried Frank's corporate department and managing partner of the firm's London office. Prior to joining Fried Frank, White was a senior partner in the London office of Kirkland & Ellis.
3 min read · 13 October 2014
China Information Technology has hired Robin Yang as chief financial officer. The appointment is effective immediately. Previously, Yang worked at Harbert Management Corp. where she served as director of research. Headquartered in Shenzhen, China, China Information Technology is a provider of cloud-based software as a service for the Chinese new media sector.
2 min read · 13 October 2014
Silverfleet Capital said Monday that Jean Châtillon has joined the firm in Paris as a Principal. Benjamin Hubner and Jennifer Regehr have also joined Silverfleet in Munich as Associates. Châtillon was previously at Cobalt Capital, while Hubner worked at McKinsey & Company in Munich and Regehr was at UniCredit Bank.
2 min read · 13 October 2014
Daryl Gilbert, a managing director at Canadian energy private equity firm JOG Capital, has been appointed to the board of directors of Connacher Oil and Gas Ltd (TSX: CLL). Gilbert, who joined JOG in 2008, previously worked at Canadian petroleum engineering company GLJ Petroleum Consultants Ltd. Based in Calgary, Connacher is an exploration, development and production company active in the production and sale of bitumen.
2 min read · 10 October 2014
Citizens Commercial Banking has added Ross Eldridge and Tom Case to its healthcare finance team. Both will focus on middle-market cash flow financings in the $60 million to $1 billion range. Previously, Eldridge was a director at GE Capital Healthcare Financial Services while Case was a vice president at CIT Healthcare. Citizens Commercial Banking is the commercial banking unit of Citizens Financial Group.
3 min read · 09 October 2014
Blackrock has set up a direct lending platform in Europe with the appointment of managing director Stephan Caron, Reuters reported.
1 min read · 09 October 2014