Joseph D’Angelo is a busy man these days. A partner at Carl Marks Advisors specializing in turnarounds and restructuring, with expertise in the energy sector, D’Angelo says oil prices have given him lots of work of late. “In both the services side and now more on the [exploration and production] side, we got started two years […]
ParkerGale began searching for pre-MBA associate last year PE firm did away with IB/consulting requirement ParkerGale plans to follow same route when hiring second associate this year When ParkerGale Capital began looking for a pre-MBA associate in September, the tech-focused Chicago PE firm knew it wanted more female and minority applicants. Kristina Heinze, a partner, at the firm, […]
Mitch Petrick moving to advisory role after six years at the firm Glenn Youngkin to supervise the Energy and Natural Resources group Kenneth Hersh will become deputy CIO Carlyle Group shuffled top management at both its $34-billion-asset Global Market Strategies hedge fund and leveraged finance unit as well as its Energy and Natural Resources group, the firm […]
Gibson to return to Goldman Sachs Specialty Lending Group Gibson worked for Twin Brook for one year, where he was a partner Chris Martin and Peter Notter leave Madison Capital Funding for TwinBrook David Gibson has left Twin Brook Capital Partners, the middle-market direct-lending team of Angelo, Gordon & Co, after a year. He is […]
Longtime partner Laders left at the end of 2015 Worked at Pathway for more than 11 years No direct successor named Tom Laders, a longtime partner at Pathway Capital Management, retired at year’s end, Pathway confirmed for Buyouts. Laders worked at Pathway for more than 11 years. It’s unclear why he left or whether he left to take […]
Bill Berry headed up American Tire Distributors Exec prefers smaller GP over a larger firm Plans to focus on specialty distribution Before Bill Berry retired in December as CEO of American Tire Distributors Inc, a joint holding of TPG and Ares Management LP, he’d built up decades of experience with private equity firms. So after he was approached by a […]
PRIVATE EQUITY FIRMS Black Diamond Capital Management LLC named Robert Simon CEO of Bayou Steel Group, which produces and sells long carbon steel products in North America. Simon previously led the structural and rail division of Steel Dynamics Inc. Also joining the company are Alton Davis and Jim Howe as president/COO and VP of sales, respectively. Council Capital, the Nashville healthcare-focused private equity firm, named […]
As a long-time investment banker, Brennan Libbey specializes in matching deals and private equity firms. He’s working on those connecting skills in the Los Angeles market, where he opened an office for global investment bank Livingstone earlier this year. He also leads the firm’s U.S. business services group. Libbey joined Livingstone in February to build up the firm’s […]
1 — Prices are high, but LPs are still committing massive amounts of capital into private equity. How is Aberdeen handling its commitments in the current price environment? The punchline is: very carefully. We’re trying to be aware of managers who are coming back to market too quickly and raising too much money. What you […]
1 — Tell us about the origins of Frontier Capital and your decision to focus on technology firms outside the major tech centers. When we launched Frontier in 1999, it was right in the middle of the dot-com craze. As a small, first-time fund ($45 million) we saw an opportunity in between venture and more mature […]