Bradley Bennett succeeds James Gereghty Bennett joined Siguler Guff in 2011 Gereghty joined in 2010 Bradley Bennett, head of distressed research at Siguler Guff, has taken over the distressed-investing group, the firm confirmed for Buyouts. Bennett takes over for James Gereghty, who had led the group since 2010. Gereghty left the company in June after […]
PRIVATE EQUITY FIRMS Abraaj Holdings: Chairman Sean Cleary resigned as the PE group is undergoing a court-supervised restructuring, Bloomberg reported. Altamont Capital Partners named Jennifer Mello general counsel and chief compliance officer. Mello previously was a managing director on TPG‘s legal team in San Francisco. Blackstone hired Erich Schram and Kevin Relihan for its new insurance solutions business. Schram will serve as senior managing director, head of credit origination […]
Blackstone CEO “shuttling” between U.S., Chinese leaders to ease tensions James didn’t back Trump but credits him with positive economic policies Early start, gradual execution keys to successful leadership transition Tony James, executive vice chairman of Blackstone Group, said Co-Founder and CEO Stephen Schwarzman is working to ease worsening tensions between the U.S. and Chinese […]
PRIVATE EQUITY FIRMS Actis named Ellen Li managing director and head of Asia of the investor development group. Li previously was director of institutional sales at Franklin Templeton Investment in Asia. Artemid: Cédric Lalain joined as a partner. Lalain was previously head of fixed income at Assurances Crédit Mutuel. Artremid is a subsidiary of Capzanine and Amiral Gestion. Atlas Holdings, the Greenwich, Connecticut, private investment firm, promoted nine staffers. Among […]
Wilbur Ross named U.S. commerce secretary in 2017 Habert joined Invesco in April 2017 Habert still listed on Invesco site as a senior director, client portfolio manager Harriet Habert, a senior investor relations director, has left WL Ross & Co after a little more than a year. A person answering phones at WL Ross […]
Drew Maloney comes to AIC from Treasury Congress weighs changes that could affect oversight of foreign, non-control investments Maloney also plans to boost AIC’s membership Incoming American Investment Council President and CEO Drew Maloney expects the early days of his tenure to be marked by proposed changes to the Committee on Foreign Investment in the U.S. and […]
Wilson Warren to be named president Founder Brent Nicklas is stepping back from firm operations Pål Ristvedt to be named co-chair of secondary investment committee Secondary investor Lexington Partners today will announce the completion of a succession process that will promote Partner Wilson Warren to the role of president, sources said. Lexington Founder and Chairman Brent […]
APG AM enters a crowded market Fundraising for secondaries hit record in 2017 APG promotes internally for team lead APG Asset Management is building up an in-house secondaries team to buy LP interests in funds and participate in GP-led liquidity processes, a spokeswoman confirmed for Buyouts. The shop, backed by Dutch pension manager APG, will […]
PRIVATE EQUITY FIRMS Alternative Investment Management named Jason Klein to its chief investment officer advisory council. Klein is senior vice president and CIO of Memorial Sloan Kettering. Allison Miller joined Arbor Investments as chief marketing officer. Miller was previously vice president of marketing for the Chicago Cubs. Carlyle Group: Robert Mancini, a managing director, partner and co-head of Carlyle Power Partners, is retiring […]
I’m not used to people opening up about their feelings at private equity conferences. It’s tough to get too vulnerable in an environment of suits, mini-muffins and panels about terms and conditions and manager seeding. But that’s what happened at Buyouts Insider’s Family Office Connect event in New York last month. Suna Said, founder of Sima Capital, gave […]