In 2016, Buyouts put together articles featuring Women in Private Equity with the theme of “Trailblazers,” or up-and-coming women shaking up the predominantly white male PE industry. This year, we’re doing it again but with a slightly different theme. Instead of featuring future stars, we’re focusing on women executives at all levels doing their part to […]
Paul Aversano, a managing director in private equity services at Alvarez & Marsal, had never seen a January quite so busy as this one. “I’ve been at A&M for 11 years,” Aversano said. “I was one of the co-founders of this practice at this firm. I’ve grown it out as a global business. Historically, January has been […]
PRIVATE EQUITY FIRMS Adams Street Partners hired Fred Wang as a partner and member of its ASP Capital investment team. Wang joins the firm from Trinity Ventures, where he served as a general partner and managing partner responsible for investments, certain aspects of leadership and management, fundraising, and LP relationships. Blackstone: Alan Kerr is stepping down from his role as senior managing director […]
Antony Karabus is CEO of HRC Retail Advisory, the Northbrook, Illinois, consulting firm. For more than 25 years Karabus has advised retailers, including a number that are PE-backed, on financial-performance issues. How has the market changed for retailers? The most fundamental changes are probably these three major secular trends. First, there is a huge shift to […]
Private equity has never been great at diversity and inclusion. It didn’t have to be — firms made a lot of money and no one cared too much that it was a bunch of white guys doing it. But the world is changing and business must adapt. Women are woefully underrepresented in PE. In the upper levels […]
Chrissie Pariso pushes GPs on diversity Family leave is important for recruitment, retention of women Some firms have never had to think about leave policies Chrissie Pariso, senior portfolio manager in private equity at Exelon Corp, surprises GPs she meets when she asks about their family-leave policies. “When I ask, a lot of GPs are […]
Endeavor likely to hit cap in late March-early April Team led by René Yang and James Zubok Two other members, Arnold and Cho, round out core team Vista Equity introduced the idea for a small-market fund last year and immediately had strong demand from the LP world, sources told Buyouts in past interviews. That demand […]
Gribbin to focus on infrastructure policy at White House Resigned from consulting job in January Infrastructure a major pillar of Trump’s plans David James “DJ” Gribbin, a former Macquarie banker and transportation infrastructure specialist, has joined Donald Trump’s administration as a special assistant to the president for infrastructure policy. The White House announced the appointments […]
Tricor Pacific Founders Capital set out two years ago to build a portfolio of food, beverage and consumer-packaged-goods companies. In that time, the Vancouver family office has made big strides toward that goal. Tricor Founders was launched as a partnership among food-industry executive Richard Harris, two of the founders of Tricor Pacific Capital, Rod Senft and Trevor Johnstone, and Derek Senft, Rod’s son. PE Hub Canada sat down with Harris, once dubbed Tricor Founders’ “secret weapon”, to discuss recent deals, the family office’s progress, and where it goes from here.
Robb Turner co-founded ArcLight in 2001 Firm sold minority stakes late last year ArcLight closed Fund VI on about $5.6 bln Robb Turner, a co-founder and senior partner of ArcLight Capital Partners, stepped back from daily responsibilities recently and moved into a senior advisory role, according to an email seen by Buyouts. Update: Turner is […]