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Iris Dorbian

Element Power Holdings, a renewable energy developer, said on Thursday that it has named Michael Reynolds chairman of its board of directors. Reynolds replaces interim Chairman Joe Slamm. Element Power Holdings, which has main offices in London, Madrid and Portland, Oregon, is a portfolio company of Hudson Clean Energy Partners.
Redstar Ventures said on Thursday that Gina Ashe is joining Redstar to lead its newest startup as CEO. In her new role, Ashe will direct the development of the yet to be revealed operating company. Prior to joining Redstar Ventures, Ashe was CEO and founder of Krush, a consumer platform for action and outdoor sports brands. Redstar Ventures is a "venture foundry" based in Boston.
Mformation® Software Technologies said on Wednesday that it has named Kevin A. Wood as its president and CEO. Wood succeeds Todd DeLaughter, who will remain on as strategic advisor. A global provider of mobility management solutions, Mformation is a portfolio company of Clearlake Capital Partners.
TowerBrook Capital Partners L.P. said on Wednesday that it has made a majority investment in Kaporal, a French-based wholesaler and retailer of men and women’s fashion. No financial terms were disclosed. The transaction is expected to close in July 2013.
Archer Limited, an oilfield services provider based in Hamilton, Bermuda, said on Wednesday that it has agreed to sell its North American Rental and Tubular division to Clearlake Capital Group, L.P. for approximately $244 million. The all-cash transaction is expected to close in June 2013. Archer's Rental and Tubular division provide equipment and services to exploration and production operators in U.S. land markets and the U.S. Gulf Of Mexico, in addition to both land and offshore markets in Mexico.
Flagship Ventures has named Stephane Bancel as a senior partner. Bancel will also serve as president and CEO of Moderna Therapeutics, a Flagship VentureLabs - founded company. Flagship Ventures, which is based in Cambridge, Mass., is a venture capital firm that focuses on health, therapeutics and sustainability.
Blue Wolf Capital Partners and Atlas Holdings said on Tuesday that they have reached an agreement to acquire Twin Rivers Paper Company from Brookfield Asset Management. No financial terms were disclosed. Twin Rivers is a specialty paper company with facilities in Madawaska, Maine, and Edmundston and Plaster Rock, New Brunswick.
Hurel Corp., a provider of advanced artificial tissue constructs and microfluidic cell-based assay platforms, has named Dr. James S. MacDonald to its board of directors. Hurel recently secured a $9.2 million Series A equity private placement led by Spring Mountain Capital. Hurel is based in both North Brunswick, NJ and Beverly Hills, Calif.
Highland Capital Management, L.P., said on Tuesday that it has named Jun Park as director of business development in Korea. Prior to joining Highland, Park worked at Woori Financial Principal Investment in Seoul. Highland is an investment management firm based in Dallas.
Morgan Creek Capital Management said on Tuesday that it will buy Signet Capital Management's Alternative Funds business. No financial terms were disclosed. Under current management, Signet's Alternative Funds has approximately $700 million in assets. As part of the acquisition, the senior management team at Signet, which include Founder Robert Marquardt, and CEO Dr. Serge Umansky, will join Morgan Creek and continue their current roles. Signet Capital Management Ltd. is a European institutional fixed income investment firm.
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