It is a classic American success story. Lizanne Falsetto had a great idea for a protein bar and whipped it up in her own kitchen. That laid the foundation for her company, thinkThin. Over the next 20-plus years, the onetime fashion model grew her company without a dime of venture capital and without taking out a single loan. When she […]
1. What trends are you noticing among newer GPs? I’d say at least on the emerging manager side, more of what we’re seeing is firms with a specific type of deal angle or an industry. Private equity generally has become more and more specialized. On the operational turnaround and restructuring side — that’s an area where […]
The following hires, promotions and appointments are for the February 8, 2016, issue of Buyouts.
David Li stepped down in January To form own company Julian Cheng and Frank Wei take over David Li, head of the Asia-Pacific region for Warburg Pincus, left the firm, a spokeswoman confirmed. Li resigned last month, a source said. He left to form his own company, Warburg said in a statement. He has been replaced by […]
Gamut hires former Harvest MD Chris Whalen Whalen worked at Harvest since 1999 Gamut seeking $750 mln for debut fund Christopher Whalen, a longtime managing director at Harvest Partners, has left the firm and joined new firm Gamut Capital Management. Whalen changed his LinkedIn profile to reflect the move, which said he joined Gamut in January. […]
LPs question timing of CEO departure Fundraising Partner Johansen also leaving firm Coller closed Fund VII recently Several limited partners question why Coller Capital’s Chief Executive Officer Tim Jones is leaving his position so shortly after the firm announced the closing of its seventh fund at $7.15 billion in early January. The secondary buyer said it didn’t learn until last month of […]
Long joins from Oak Hill BDC Previously led Bank of America spinout Conversus Will help Star Mountain institutionalize its platform Star Mountain Capital appointed former Conversus Capital CEO Bob Long as its president, the firm told Buyouts. “We’ve known Bob now for a few years, and have been spending time getting to know each […]
Martin Voelker moves back to K&E Jane Bieneman departs for consulting firm Steve Carre steps in for Voelker Two longtime placement agents have left UBS Private Funds Group, one of the largest private equity fundraising and secondary advisory specialists in the business, according to a person close to the bank, as well as separate sources. The […]
Leonard Green hires Andrew Goldberg as general counsel Goldberg most recently worked at Debevoise & Plimpton Worked with the firm on formation of Fund VI in 2012 Leonard Green & Co. hired a fund formation lawyer from Debevoise & Plimpton as its general counsel, sources said. Andrew Goldberg joined Leonard Green in January, according to the […]
The following hires, promotions and appointments are for the January 25, 2016, issue of Buyouts.