Angela Sormani
Today's midweek headlines include Northern Trust hiring for a vice president - private equity fund of funds, Adams Street CIO stepping down and why venture capital is in need of new leadership.
CCMP Capital Advisors has appointed Doug Cahill as a managing director based in the firm’s New York office. Since May 2013, Cahill has served as executive advisor for CCMP.
Bain Capital Ventures has appointed Enrique Salem as a managing director based in its Palo Alto office. Salem will identify and lead investments in companies in infrastructure software and services across all stages of development.
European buyout house Bridgepoint is back in the market with Bridgepoint Europe V LP according to SEC filings that didn't reveal a target. However, in a recent letter, Portfolio Advisors said the fund was targeting 3.5 billion euros with a hard cap of 4 billion euros.
Black Diamond Capital Management has appointed Jerome Shapiro as a managing director and structured product portfolio manager. Shapiro joined the firm on June 1 at its Greenwich, Connecticut office and has responsibility for structured product investments across the Black Diamond platform.
Aurora Capital Group has appointed Sean Ozbolt as a partner of Aurora Resurgence. Ozbolt has seventeen years of private equity and credit investment experience. He is based in the firm's Los Angeles office.
Endless has acquired Kiddicare.Com from its parent organisation, Wm Morrison Supermarkets. Kiddicare is a British retailer, selling nursery supplies and merchandise for children and young families.
XMarket has secured $850,000 in seed funding by angel investors Dror Efrat, Marc Green & Yoram Yaeli. XMarket is an online marketplace for real estate, vehicle and second hand items.
Today, read all about CalPERS' PE returns, a new fintech fund for Santander and find out where various firms listed their IPOs in 2014.
This week Fortress Investment Group is hiring for its new energy business, GE Capital is seeking an associate and Spanos Barber Jesse & Co is on the lookout for a private equity associate based in the San Francisco Bay area.