Jay Bhatt joins Boston firm as managing director Working on THL’s Media, Information Services & Technology Group Bhatt was exec at two Providence Equity Partners portfolio companies TH Lee’s recent hiring of the ex-CEO of Blackboard Inc reflects the Boston firm’s commitment to focus on technology and software deals, according to a person familiar with […]
As a principal in Goldberg Kohn’s Commercial Finance Group, Maria McGuire has been watching for signs of a second tech bubble. “I’ve done a lot, probably the most of anyone in our group, of technology deals,” McGuire said. “When I talk to clients in this area, they have not had a lot of workouts or […]
The 2016 election season will be one no one will soon forget. Even as the cycle winds to its ugly conclusion, accusations continue to be thrown by both sides, passions are high and no matter who wins, neither candidate appears to have a strong mandate from the American people. Buyouts staff writer Sam Sutton discovered […]
PRIVATE EQUITY FIRMS Advent International: Tricia Patrick joined the retail, consumer and leisure investment team as a managing director. Patrick most recently was a principal in the consumer, retail and dining sector team at Bain Capital Private Equity. Altas Partners hired Damon Conway as a principal. Previously, Conway worked at Mill Road Capital and Onex Corp. Ardian named Mark Brenke co-head of Ardian Private […]
Describe your Industry First technique of developing a thesis around a growth market and then investing from there. Industry First is a proprietary, research-based approach that provides us with a focus of who we are and what types of investments and industries we’d like to invest in. Our most recent investment, Marquis Software Solutions, [announced […]
Patricof says carried interest should be taxed as ordinary income ‘in the interest of fairness’ Agrees with Qualified Small Business Stock exclusion Veteran investor Alan Patricof bucked the National Venture Capital Association at an event the group co-sponsored, opposing taxation of carried interest at the capital-gains rate. A conversation between Patricof, 81, and NVCA President […]
Caspersen set to be sentenced Nov. 4 Prosectors ask for range set in federal guidelines Caspersen asks for leniency based on gambling addiction Often, when I swap gossip with industry folks, the subject turns to Andrew Caspersen, one of the more famous (or infamous) people in private equity land these days. Soon his story will […]
Private equity exec founded firm after working in Washington Sees tax increases without regulatory reform hurting the economy In rare interview, exec shares concern about a deeper slowdown Aurora Capital Chairman Gerry Parsky offered perspectives on fiscal policy, taxes, the election and the state of the economy through the lens of private equity, drawing on […]
Dan Townsend joins New 2ND Capital Secondary firm formed by former AlpInvest exec Townsend worked at Top Tier for nine years Dan Townsend, former secondaries chief at Top Tier Capital Partners, joined a new shop launched by former AlpInvest Partners secondaries heavyweight Tjarko Hektor, who confirmed the hire. Townsend recently joined the firm, called New […]
Two senior-level private equity officials left OMERS Private Equity this year for undisclosed reasons. The officials are Don Morrison, executive vice president and senior managing director in asset management and operations in the private markets team at OMERS PE; and Lisa Melchior, managing director. Melchior sent a “friends and family” email about her departure from the […]