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Iris Dorbian

Intacct said on Friday that Jeff Epstein, operating partner at Bessemer Venture Partners, has joined its board of directors. Prior to his current position, Epstein served as CFO and executive vice president at Oracle. Headquartered in San Jose, Calif., Intacct is a provider of cloud solutions.
Highland Capital Partners and Leap Motion have teamed up to launch a $25 million Leap Fund. The fund will focus on supporting entrepreneurs and investing in a number of sectors that include education, security, healthcare IT, big data and productivity. Leap Motion is a provider of 3-D motion technology.
Kennet Partners and Fidelity Growth Partners Europe said on Thursday that it has acquired Rivo Software, a UK-based software company. No financial terms were disclosed. Also, as part of the transaction, co-investor Steve Husk will join Rivo Software as executive chairman.
BV Investment Partners said on Thursday that it has sold Butterfield Fulcrum to Mitsubishi UFJ Trust and Banking Corporation. No financial terms were disclosed. Evercore Partners served as financial advisor to BV on the transaction. Butterfield Fulcrum is a hedge fund administrator and service provider to the alternative investment industry.
Europe-based Kurma Life Sciences Partners said on Thursday that it has closed €44M for Kurma Biofund II: The Orphan Initiative, a fund focused on rare diseases. Investors included KLS Partners, GlaxoSmithKline, bpifrance (CDC Entreprises), Idinvest Partners and New Enterprise Associates.
Tech Valley Communications, a portfolio company of Riverside Partners, said on Thursday that it has named Robert Cochran as its senior director of sales engineering. In his new role, Cochran will be a key technical advisor supporting the sales team. Based in Albany, New York, TVC is a provider of telecommunication services.
UK investment firm Advent Partners said on Thursday that it has instructed its corporate finance advisor Orbis Partners LLP to sell its interests in TMAT Ltd. No financial terms have been disclosed. TMAT, also based in the UK, produces acoustic components for tractors and excavators.
Brown Advisory, an independent investment management firm, said on Wednesday that it has named Vincent Burke as a senior advisor. In his new role, Burke will leverage his experience as a lawyer and fiduciary to serve Brown Advisory's clients in the U.S.
Blackstone and its portfolio company, Fisterra Energy, said on Wednesday that General Wesley Clark, former NATO Supreme Allied Commander in Europe, and Lars Thunell, former International Finance Corporation CEO, have joined Fisterra’s board of directors. General Clark and Thunell will also serve as senior advisors to Blackstone, focusing on the firm's private equity activities in the energy sector.
EMag Solutions, LLC, a portfolio company of Patriarch Partners, said on Wednesday that it has named Carmen Corcoran as a senior ESI consultant to its New York sales team. Prior to her current position, Corcoran worked at Magna Legal Services, LexisNexis and the New Jersey Office of the Attorney General in the Environmental Enforcement Division. Headquartered in Atlanta, EMag is a provider of data processing, restoration and management solutions.
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