Marc de Saint Phalle worked on Old Westbury funds Departed Bessemer Trust after 16 years Co-headed 28-person alternative investment team Marc de Saint Phalle has left Bessemer Trust after working for 16 years at the multi-family office with more than $100 billion in assets under management, the firm said. De Saint Phalle held the title […]
Upacala Mapatuna joined from Goldman Sachs 20-plus year career includes stint at Mill Road Capital Sees opportunities in PE, debt investments Upacala Mapatuna, the newly hired chief investment officer at Chicago-based Victory Park Capital, sees current market volatility as a prime opportunity for the firm’s “hybrid” expertise in both private equity and debt investments “We’re seven […]
Buyouts analyzes the positions of the major presidential candidates to determine who’s best (and worst) for private equity Private equity doesn’t like to remember the year of 2012, when the industry was rudely thrust into the harsh glare of a presidential political season. The scar of the Mitt Romney presidential campaign may never truly heal, but the industry […]
1. HarbourVest recently bought BAML Capital Access Funds, a fund-of-funds focused on emerging managers, and renamed it HarbourVest Horizon. What was the impetus for that deal? Directionally, there is increasing interest in emerging managers and with [this] team as part of the HarbourVest platform, we expect this to be a growing part of the investment expertise that […]
The following hires, promotions and appointments are for the February 22, 2016, issue of Buyouts.
Daniel Fisher sees opportunity for the U.S. launch of Global Loan Agency Services (GLAS) despite turmoil in debt markets. In fact, the current disruption may help the firm grow. As an independent loan administration specialist, GLAS handles the accounting and organizing of loan payments, record keeping, following up on missed or late loan payments, and other services. Since […]
Mike Ireland left First Avenue Stephen Hines, president of U.S. business, left last year Firm hired several principals over last two years Mike Ireland, a partner at placement agency First Avenue Partners, left the firm recently, a spokeswoman confirmed. Ireland was a partner and co-head of Americas sales, according to his LinkedIn profile. He started at […]
Nayef Perry takes over Hamilton Lane’s Fort Lauderdale office Greg Baty left to became a partner at Trivest Florida program invests in-state Hamilton Lane will continue to serve as general partner of the Florida Growth Fund after the February departure of Greg Baty, the firm’s senior professional on the ground in Florida. The fund’s investment […]
PE officer Brandon Halm leaves PA SERS February 26 System has lost three PE professionals since last year Unable to fill vacancies because of statewide hiring freeze A statewide hiring freeze has left the Pennsylvania State Employees’ Retirement System’s private equity team depleted and unable to fill vacant slots. That situation will only worsen with the impending […]
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 […]