Hispanic business group searches for new leader Danielle Beyer steps in as interim CEO Looks to expand focus New America Alliance, a nonprofit that represents Hispanic business interests and counts private equity as the bulk of its membership, plans to broaden its mission. Maria del Pilar Avila, who had been the organization’s CEO since 2010, recently […]
Sahlman joined Advent in 2007 Worked at Goldman Sachs prior to Advent Focused on North America, Latin America fundraising Maggie Littlefield Sahlman, a principal at Advent International who works on fundraising and investor relations, is leaving the firm, a person with knowledge of the situation told Buyouts. It’s unclear whether Sahlman has already left Advent. […]
Conner Searcy got “the bug” for the turnaround business working at Bain & Co. early in his career, experience that comes in handy in today’s energy environment. “We were really operational consultants, if you will, and we were working for private equity firms,” Searcy said, “and so we got to see the value that could […]
GTCR acquired RevSpring in November GTCR committed $400 mln to RevSpring for the platform plus add-ons Gupta joined RevSpring in January as CEO Rahul Gupta, CEO of RevSpring, has more than 30 years of experience in the financial services and payments industries. Before joining RevSpring in January, Gupta was executive vice president and group president […]
77 pct of junior bankers “very interested” in PE 26 pct favored entering equity or credit hedge funds 83 pct of respondents to Odyssey survey were men Private equity has snatched back some of its recruiting mojo from hedge funds. More than three-quarters, 77 percent, of analysts said they were “very interested” in pursuing PE after […]
CS names McDonald to head global secondary advisory Sees $35 bln to $40 bln in secondary deals in 2017 Works with LPs on GP-led transactions Credit Suisse appointed Mark McDonald head of the global secondary advisory team in January. McDonald will work with Chris Areson and Gordon Appell, who will co-head the Americas business, and Jonathan […]
Gladden managed growth, venture relationships Responsibilities being assumed by Brijesh Jeevarathnam Relationships included Bain Capital Ventures, Summit Partner Tom Gladden left fund-of-funds manager Adams Street Partners at the end of 2016, according to the firm. Gladden spent more than 14 years at Adams Street, where his responsibilities included sourcing, analyzing and monitoring investments in private equity partnerships in […]
Brown worked at Goldman since 2013 Focused on corporate finance and M&A Sovereign fund hired Yup Kim last year from Deutsche Alaska Permanent Fund, the $55.4 billion sovereign-wealth fund, hired Goldman Sachs Associate Travis Brown for the private equity team, an internal announcement seen by Buyouts shows. Brown will work on the PE and special-opportunities team, […]
PRIVATE EQUITY FIRMS Robert W. Baird’s investment arm Baird Capital appointed Andy Tse a partner. Tse will help lead investments in Asia. Tse previously was a managing director at AIF Capital. Blackstone Group named Joshua Pang a principal, according to Donnelley Financial Solutions’ Private Equity Report. Pang previously was a principal at BC Partners. Comvest Partners hired Matt Gullen as a partner and member of the firm’s investment […]
Firm’s healthcare team closed 27 transactions in 2016 $643 mln of new loan commitments Forecasts a busy 2017 amid political shifts Madison Capital Funding’s healthcare team is coming off a strong 2016, including 27 transactions closed and $643 million of new loan commitments. And team leader Adam Willis said the sector outlook continues bright. “A lot […]