Kinderhook Industries has sold Robertson Piper Software Group (RPSG) and its main subsidiary Opus-ISM to Lagniappe Health, a portfolio company of Calvert Street Capital Partners. RPSG has been a portfolio company of Kinderhook Industries since 2009. The sale represents a return on invested capital of over 1.6x for Kinderhook. Based in Pine Brook, New Jersey, [...]
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Steve Belgrad is joining Old Mutual Asset Management where he will be CFO. Belgrad is currently CFO of HarbourVest Global Private Equity Limited. His move to OMAM is effective June 1. Also, Aidan Riordan, a partner at Calvert Street Capital Partners, is joining OMAM as SVP and director of affiliate development on July 1, according to a statement. OMAM is the asset management business of Old Mutual.