David Koh worked as an MD in New York Frank Albrecht was a senior adviser Both no longer listed on the website David Koh and Frank Albrecht, senior executives in Deutsche Bank’s private funds group, left the bank, according to a source. Koh and Albrecht are no longer listed on Deutsche Bank’s website. They had […]
Over the years, the revolving door between private equity and government has been quickly spinning. Wilbur Ross, chairman and CEO of WL Ross & Co., is set to join the growing list with his nomination as secretary of commerce under the incoming administration of President-elect Donald Trump.
Neuberger Berman closed fourth secondary fund on $2.5 bln Firm focuses on smaller deals Sees higher quality GP-led transactions in market You just closed your fourth secondary fund on $2.5 billion. How will you navigate the high-priced environment? Talbot: We’ll navigate it in a fashion similar to how we navigated the first three funds, with […]
Klimmeck, Marks will retire from Madison at end of 2017 Klimmeck was one of six Madison Capital co-founders Marks is leaving Madison and leverage finance industry Two senior Madison Capital Funding executives, including a co-founder and the recently promoted head of capital markets, are exiting the firm. Thomas Klimmeck, a Madison Capital senior managing director, […]
Andrea Kramer, Managing Director, Hamilton Lane Donald Trump’s election as president and the GOP’s ascendancy at both the state and federal levels carry significant risks related to uncertainty. But the market’s perception of a business-friendly Trump administration will likely have little impact on the fundraising environment in the short term, Hamilton Lane Managing Director Andrea […]
What’s your favorite deal or portfolio company that you’ve worked with recently, and why? I worked a fair amount with Critical Flow Solutions, which we sold to Circor International in October for an enterprise value of $210 million. We did quite well on it. The company’s CEO, Ruben Lah, was not a traditional, highly polished […]
As Brazil tries to navigate out of recession and political turmoil, it’s also attempting to attract private capital. Recently, the Japanese financial-services group ORIX Corp acquired a controlling interest in RB Capital, a Brazilian capital-markets and asset-management platform. And Hideto Nishitani, who leads ORIX USA, RB Capital was attractive because of its “very good investor base and deal-making […]
PRIVATE EQUITY FIRMS Ballentine Partners, the Waltham, Massachusetts, wealth manager, named Anja Saloranta chief operating officer. Saloranta previously worked at Redstar Ventures. Her background includes positions at North Atlantic Capital, Capital Resource Partners and MissionPoint Capital Partners. Hidden Harbor Capital Partners hired Chris Paldino as a founding partner. He will also join the firm’s investment committee. Paldino previously was a managing director at H.I.G. Capital. […]
Davies to stay with Bain as adviser through summer Joined Bain in 1999 Robinson to be sole head of distressed, special situations Stuart Davies, a Bain Capital Credit managing director focused on distressed investing, retired from the firm at year-end, according to a person with knowledge of the firm. Davies will stay on as an adviser […]
Peter Nolan worked at JP Morgan for 14 years Kevin Burke spent 12 years at GE Capital Burke retiring after 40 years in the trade Antares Capital executive Peter Nolan in 2017 takes up the reins as senior managing director, head of loan syndicate sales and trading, after a 40-year veteran in the trade retired, […]