Founded in April 2018, APT is helping to raise five funds All of the funds are targeting $500 mln or less, with niche strategies A big part of the work is connecting small, global GPs with large North American investors APT Fund Advisory, a new placement agent, is trying to connect smaller global GPs following […]
Mike Murphy and Kevin Naughton are the other co-heads of the platform Group has made numerous hires in past two years Klein worked for private fund group since 2003 Credit Suisse promoted David Klein as a co-head of its private fund group alongside existing co-leaders Mike Murphy and Kevin Naughton, according to an internal memo […]
12-year veteran leaves OMERS PE for new opportunities Joined as associate; left as managing director Focus was North American market Jon McCarthy, a 12-year veteran of OMERS Private Equity, left the firm at the beginning of May, a person with knowledge of the matter told Buyouts. McCarthy, a member of OPE’s Toronto team, joined in […]
Aingorn joined AIP in 2015 Formerly worked at BTG Pactual Also worked at Lehman Brothers Michael Aingorn, a partner at American Industrial Partners, left the firm in April and joined Crestline Investors, a spokesperson for Crestline confirmed. Aingorn joined Crestline as a managing director, his LinkedIn profile said. He will focus on liquid credit, the […]
PRIVATE EQUITY FIRMS Clearlake Capital Group named five executives partner and/or managing director: Fred Ebrahemi, partner, managing director, general counsel and chief compliance officer; Dan Groen, managing director; James Pade, partner and managing director; Arta Tabaee, managing director, and Pedro Urrutia, partner, managing director and CFO. Hg opened a New York office to support the firm’s current activities, […]
Building networks, mentorships important in building inclusive culture Vista has 45 pct female representation Don’t be afraid to take risks, says panelist A week after having her first child Sejal Pietrzak accepted a job at a start-up in another city. For that role, she had to quit her banking job at Wells Fargo and move […]
Aberdeen looks for secondary deal flow in smaller side of the market Has looked at single-asset deals ILPA restructuring guidelines will help bring transparency to the market Patrick Knechtli is the head of secondaries at Aberdeen Standard Investments. He spoke to Buyouts about new ILPA guidelines and how the secondaries market would react to a recession. […]
Jaeger worked on the firm’s emerging markets funds Sean MacDonald promoted to director of emerging markets Secondaries chief Tony Cusano also recently left firm Ralph Jaeger, a managing director and portfolio manager for emerging markets multimanager funds at Siguler Guff, has left the firm. Jaeger left at the end of March for personal reasons, Kathryn […]
Herr was a NewStar managing director from June 2013 to April 2019: LinkedIn First Eagle acquired NewStar in December 2017 Blackstone, Corsair bought First Eagle in 2015 Eric Herr has left NewStar Financial, the middle-market lender that was sold to First Eagle in 2017, after nearly six years. Herr is now a partner at Solar […]
Hark Capital, which raised a $200 mln credit fund in 2017, lends to PE-backed companies Hark’s credit funds provide liquidity for portfolio company improvements after LP capital is exhausted Liquidity and competition continue to be top-of-mind for PE investors Doug Cruikshank is head of fund financing and Hark Capital at Aberdeen Standard Investments, where he […]