Newt Gingrich joins JAM Capital Partners as a strategic advisor JAM Capital Fund II seeks $100 mln John McCallum, who worked for Gingrich in Congress, launched JAM Capital in 2010 Newt Gingrich, who once bashed Mitt Romney for destroying jobs when he was head of Bain Capital, has joined a growth equity firm. Gingrich, the former […]
David Enriquez spent four years in M&A at Rothschild Also worked at Merrill Lynch Not clear whether Enriquez has private equity experience The New York City Comptroller’s office hired former investment banker J. David Enriquez as a senior investment officer on the private equity team, spokesman Eric Sumberg confirmed. Update: The Comptroller also hired Jose Guzman as […]
Michal Gladys joined Calpers in 2009 Worked primarily in private equity Left system for new opportunities Michal Gladys, a private equity investment official at California Public Employees’ Retirement System, resigned April 4, Gladys confirmed for Buyouts. Gladys, 39, said he had been thinking of leaving the system for a while. He said he is ready to […]
Carry should be taxed as income, says former treasury secretary Rubin holds more than a third of his net worth in PE assets Rubin supports Hillary Clinton for president Former U.S. Treasury Secretary Robert Rubin says carried interest should be taxed as regular income rather than at the lower capital-gains rate. “I’m on public record, and you […]
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Lawrence Schloss leaves firm after two years Tom Fuller left earlier this year Fuller’s departure said to trigger key-man provision Angelo, Gordon & Co has experienced some turnover recently. Lawrence Schloss, president of Angelo Gordon, left the firm in March after more than two years, according to a letter the firm sent out last month. The firm has […]
Monroe Capital’s Aaron Peck loves looking at different companies to understand how they tick. As co-head of the firm’s new specialty-finance lending unit, he’ll get more opportunities than ever to do just that. “I get excited about understanding a business plan and a strategy and looking at unique types of companies,” Peck said in a […]
News about personnel moves and promotions at private equity firms and services companies for the April 4, 2016, issue of Buyouts. PRIVATE EQUITY FIRMS Advent International said that Todd Lachman and Larry Bodner have joined the firm as senior advisors. Lachman and Bodner will work closely with Advent’s global retail, consumer and leisure team. Lachman is the former global president […]
Brandon Halm worked at Pennsylvania agency more than two years Prior to that post, he worked at Calvert Street Capital PE team at Pennsylvania pension depleted Brandon Halm, former private-equity officer at Pennsylvania State Employees’ Retirement System, joined Aegon USA Investment Management as a director, according to a source and his LinkedIn profile. Halm joined Aegon in […]
Caspersen allegedly attempted to raise $95 mln for shell vehicle Allegredly tried to tie vehicle to Irving Place restructuring Caspersen fired for cause, Park Hill said Andrew Caspersen of Park Hill Group was arrested and charged with one count of wire fraud and one count of securities fraud on Monday. The U.S. Attorney’s Office for […]