Private Equity
Global placement agent Triago has hired Virginie Bourel as a partner and head of strategic advisory in Europe, the Middle East and Africa. Previously, Bourel served as director at Quartilium, a Paris-based private equity fund-of-funds, managed by Groupama Private Equity.
2 min read · 22 September 2014
Thoratec Corp. has named D. Keith Grossman as president and CEO. The appointment is effective immediately. Grossman succeeds Gary F. Burbach, who will remain as an advisor to the company through the first quarter of 2016. Grossman is a former managing director at TPG. Based in Pleasanton, Calif., Thoratec is a provider of therapies that treat advanced-stage heart failure.
4 min read · 22 September 2014
The Teacher Retirement System of Texas has hired Partners Group executive Shelby Wanstrath as an investment manager on the private equity team.
1 min read · 22 September 2014
Flybridge Capital Partners has appointed Victoria Song to the firm as a principal. Song was an associate with the firm from 2010 to 2012 and recently completed her MBA at Harvard Business School.
1 min read · 22 September 2014
GEMCORP, a financial firm focused on investments in emerging markets, has official launched. The firm has so far raised $500 million from European institutional investors.
4 min read · 22 September 2014
Global Environment Fund has appointed Anibal Wadih as a managing director based in São Paulo, Brazil as a member of the Latin America investment team. He joins GEF from Canepa Management where he was a partner responsible for direct investments and business development throughout Latin America.
2 min read · 22 September 2014
British private equity firm Electra has rejected calls from activist investor Edward Bramson's Sherborne Investors to review its strategy and elect Bramson to the board, writes Reuters. Sherborne said in a letter last week that a revamp of Electra could create over one billion pounds ($1.6 billion) of shareholder value.
1 min read · 22 September 2014
Friedman Fleischer & Lowe has set out a “well-thought out” succession plan, said co-founder Tully Friedman.
2 min read · 20 September 2014
Blackstone President and COO Hamilton “Tony” James said he is not surprised that a recent dog abuse case spurred a national outcry against a private equity firm and its portfolio company.
2 min read · 19 September 2014
The firm has expanded the business after closing Capital Partners VIII on £500m last year
2 min read · 19 September 2014