Hines ran emerging managers since last year Sylvia Bell is interim head of emerging managers Emerging manager program has committed over $2 bln Cheryl Lynette Hines, who joined the Teacher Retirement System of Texas last year to run its emerging manager investment program, has left TRS, a spokeswoman for the pension system confirmed. Hines left to […]
Lauren Dillard named head of Solutions Group Jacques Chappuis steps back into advisory role AlpInvest pulled two funds off market this year Carlyle Group announced Tuesday the head of its Solutions Group, Jacques Chappuis, stepped back into a senior advisor role after leading the group since early 2013. Chappuis is being replaced by Lauren Dillard, […]
Peony Keve left in late November System searching for her replacement Keve worked at MassPRIM for seven years Peony Keve, an investment officer in private equity at the Massachusetts Pension Reserves Investment Management Board, left the system, a spokeswoman confirmed. Keve’s last day was November 27 and MassPRIM is searching for someone to replace her, […]
PRIVATE EQUITY FIRMS American Midstream Partners LP said that Steve Bergstrom, executive chairman, president, and chief executive officer, retired effective December 10. Bergstrom will continue to serve as a director on the board of directors. Lynn Bourdon has been appointed chairman, president and CEO of American Midstream. Bourdon, 53, most recently served as president and CEO of Enable Midstream Partners. […]
Caitlyn MacDonald joins Lee Equity MacDonald left First Reserve in April Lee Equity sold PDR Network to Genstar this month Caitlyn MacDonald has joined Lee Equity Partners LLC as head of investor relations, a source said. Calls to MacDonald at the New York private equity firm were sent to her office voicemail. MacDonald left First […]
Champlain hires Welker as a managing director Focused on client origination, due diligence and project management Spent 17 years at Allianz Capital Partners Brian Welker, a former limited partner at Allianz Capital Partners, has joined placement firm Champlain Advisors. Welker joined Champlain in August as a managing director, according to a person with knowledge of the […]
The following hires, promotions and appointments are for the December 7, 2015, issue of Buyouts.
JJ Jelincic, a California Public Employees’ Retirement System board member, is preparing to dig into a sandwich at a California diner. “You shouldn’t go to a barbecue place if avoiding a mess is a priority,” he said. Jelincic (pronounced juh-LIN-sic) has uncovered quite a few messes at CalPERS lately. In October, he met with Buyouts […]
Addition of non-PE strategies leads to “higher risk profile” Blackstone, KKR among early SEC enforcement actions Lack of resources at smaller firms make them riskier, say sources Private equity firms may expose themselves to greater regulatory risk when they expand into other asset classes, such as hedge fund or real estate strategies, said the SEC’s […]
Luminate Capital Partners will soon mark its first year as a firm focused on software buyouts founded by Silver Lake veteran Hollie Moore Haynes. Buyouts Senior Editor Steve Gelsi sat down with Katherine Dowling, Luminate’s chief operating officer and a managing director. 1. Your background includes time as a federal prosecutor in the U.S. Attorney’s […]