Castle Harlan

Howard Weiss, former senior VP and CFO at Castle Harlan, has joined Stella Point, a mid-market private equity firm co-founded by Justin Wender, Castle Harlan’s president from 2006-2010.

The firm will continue to manage its Funds IV and V but is cutting efforts to fundraise for its sixth vehicle.

Castle Harlan’s one day flip of a Canadian mining company has resulted in an eight-figure fine for Australian trade buyer Bradken.

Heather Faust joined the mid-market firm in 2008.

Former Old City Investment Partners executive Hemali Dassani has joined Castle Harlan.

Castle Harlan’s one day flip of a Canadian mining company has resulted in an eight-figure fine for Australian trade buyer Bradken.

A $25m lawsuit stemming from a ‘quick flip’ deal by mid-market firm Castle Harlan accuses the firm of sharing confidential information, though the lawsuit does not target the firm.

Working with a former portfolio company of its Australian affiliate, the New York-based private equity firm has picked up AmeriCast Technologies.

CHAMP’s decision to rebrand as CPE Capital caps a decade-long transition of leadership from its founders to chief executive John Haddock.

Advocacy groups raised concerns with the US pension about Platinum Equity portfolio company Securus, which manages inmate phone systems for state prison systems.

The placement agent and advisory firm has also made seven promotions including two to partner.

The group will now focus on managing exits for 14 unrealised portfolio companies across three of its existing funds.

The London-based firm continues expanding its US private equity team with a new partner

Bill Pruellage will be based in the New York office

The firm will sell commemorative product manufacturer American Achievement for $486m.

At a time when private equity collusion is firmly in the political crosshairs, the consequences of a landmark Australian ruling could be felt much further afield