G2 Investment Group

Newly formed G2 Investment Group, co-founded by J. Todd Morley, David Conrod and Antonio de la Rua, has as its CIO Alan Menkes, a buyout veteran formerly of Thomas Weisel and Hicks Muse.

The Forbes brand has always been associated with financial services, but almost always from the media bleachers. Until now. peHUB has learned that a new effort called Forbes Private Capital Group recently launched, with plans to raise third-party capital for private funds and transactions. Much of the marketing will be aimed at wealthy families and individuals -- i.e., Forbes' target market -- although it also will work to raise money from institutional investors. The man in charge is Todd Morley, who isn't new to this sort of thing. In 1999, he co-founded Guggenheim Partners, which now has $100 billion in assets under management. He more recently founded an investment management firm called G2 Investment Group, which is where Forbes Private Capital Group will be housed. "I have a social relationship with some of the Forbes family from my time with Guggenheim, so they are very familiar with what we did over there," Morley says. "I think they saw this as a natural segue from the media business into the financial services business."

Brock Capital Group LLC has hired Peter Rockefeller as a managing director. Previously, Rockefeller worked at G2 Investment Group.

Claudio Phillips has joined MB Global Partners as a managing principal in New York.

The fund of funds alleges Maria Boyazny stole 'commercially sensitive' data before leaving to start MB Global Partners, a charge Boyazny has denied. The lawsuit has since been withdrawn.

Publisher plans to raise money from the wealthy and third-party investors for investment fund

Business publisher to raise money from the wealthy and third-party investors