Apollo acquires telecom platform from Lendlease, Jim Rauh departs from Golden Gate, General Atlantic veteran Dzialga’s Brighton Park tops Fund I’s $750m target

Golden Gate Managing Director Rauh bolts after more than a decade and Apollo buys a telecom platform from Lendlease.

Morning!

People moves! We’ve become suddenly inundated with people moving all over the place in the industry. What gives? People moves are some of our favorite stories (and yours, Dear Reader), but everyone seemed to be staying put during the worst days of the pandemic. Seems the reins are off … both on the deal and the fundraising side of things.
Here’s one: Jim Rauh left Golden Gate as a managing director after more than a decade, writes Sarah Pringle on PE Hub. He focused on industrials with an emphasis on healthcare and packaging. It’s not clear where Rauh is heading. Read Sarah’s story here on PE Hub.

Top Scoops
On the fundraising side, the guy who was responsible for building out Brookfield’s internal fundraising machine, Leo Van den Thillart, stepped back earlier this year from his role as global head of the firm’s private funds group. Sounds like he’s moving into a leadership role at a portfolio company. Check it out here on Buyouts.

Apollo Global Management acquired a telecommunications platform from Lendlease, which will rebrand as Parallel Infrastructure. Apollo is investing out of its second infrastructure fund led by senior partners Dylan Foo and Geoff Strong. Read more here on PE Hub.

Have a great day! Reach me with your thoughts, tips, gossip, whatever at cwitkowsky@buyoutsinsider.com, on Twitter or find me on LinkedIn.