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Iris Dorbian

Corrum Capital Management has closed its oversubscribed aviation fund at a hard cap of $250 million. The limited partners of Corrum Capital Aviation Partners included public and corporate pension funds, endowments, foundations and family offices. Gallatin Capital and Langshiff Partners acted as fundraising advisers for CCAP while Winston and Strawn LLP provided legal counsel.
Artemis Real Estate Partners, a real estate investment management firm headquartered in the Washington, D.C. area, has raised over $661 million for its third fund, according to an SEC filing. No target was listed on the document.
Alliance Tank Service, a portfolio company of Clavis Capital Partners, has acquired Tulsa, Oklahoma-based Willbros Tank Services, a provider of storage tanks and related infrastructure. The seller was Willbros Group Inc. No financial terms were disclosed.
HS2 Solutions, which is backed by Mountaingate Capital, has acquired Pittsburgh-based LunaMetrics, an analytics and digital marketing strategy consultancy. No financial terms were disclosed.
RFE Investment Partners has recapitalized Minneapolis-based ThreeBridge Solutions LLC, an information technology and business consulting services provider. No financial terms were disclosed. As a result of this transaction, ThreeBridge CEO Jim Kelly and President Jason Elder will continue to lead the company and retain a "significant" ownership stake.
Ares Management has sold Signature at Kendall, a gated multifamily community in Kendall, Florida. The buyer was not identified. No financial terms were not disclosed.
Pelican BioThermal, a provider of temperature-controlled packaging, has named Dominic Hyde as its new vice president of Crēdo on Demand. Hyde is a former managing director at va-Q-tec and chief operating officer at Envirotainer. Pelican BioThermal is a division of Pelican Products Inc, which is backed by Behrman Capital.
Rubicon Technology Partners has made an undisclosed investment in AppNeta. KeyBanc Capital Markets served as financial adviser to AppNeta on this transaction. Based in Boston and Vancouver, British Columbia, AppNeta is a provider of proactive application and network monitoring solutions built for the distributed, cloud-connected digital enterprise.
Convenience Valet, a portfolio company of Weinberg Capital Group, has named Steve Jungmann as president and CEO. Previously, Jungmann worked at Richelieu Foods where he was president of sales. Based in Melrose, Illinois, Convenience Valet is a distributor of branded products sold in small-portion packages.
Snowstorm
First Read begins the day with news that a winter storm is threatening the East Coast, Netflix starts the new year with a nice rally, and AT&T is expected to launch 5G in the U.S. later this year.
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