Iris Dorbian
Shawna Kaufman has joined the The Institutional Limited Partners Association as a managing director of membership and events. Previously, Kaufman was a leader of Monitor Deloitte’s customer and marketing strategy practice in Canada. The ILPA is a membership organization focused on serving the interests of private equity LPs.
Pine Brook has promoted Annie Sloyer to chief financial officer and Claire Harvey to principal on the energy investment team. Sloyer joined the firm in 2010 while Harvey came on board in 2014. In addition to these promotions, Pine Brook has named Julie Hart and Thomas Nielsen as vice presidents to its investor relations team. Prior to joining the firm, Hart worked at HarbourVest Partners and Nielsen was at UBP Asset Management.
Xact Data Discovery, which is backed by Clearview Capital has acquired Salt Lake City, Utah-based Orange Legal, a provider of specialized electronic discovery and outsourced managed review services. No financial terms were disclosed.
Antares Capital has made a number of hires to its loan syndication, sales and trading team. Kevin Burke, who is joining Antares from GE Capital, will lead the team that includes managing directors Anthony Diaz, Mark Familo, Erica Frontiero, Peter Nolan, John Timoney and Patrick Wallace. Also, Kristin Condon, a managing director from RBC Capital Markets and Todd Davis, an associate from Capital One, will be joining the team.
First Read kicks off the morning with news that Huntington Bancshares has agreed to acquire FirstMerit Corp for about $3.4 billion, the creator of anti-Planned Parenthood videos faces a felony charge and former Defense Secretary Donald Rumsfeld becomes an app developer.
In Second Opinion, Sprint will reportedly slash 2,500 jobs in a $2.5 billion restructuring, Facebook's Mark Zuckerberg returns to work after a two-month paternity leave and Bernie Sanders gets his own ice cream flavor courtesy of Ben & Jerry's.
Harbert Management Corp has promoted Sonja Keeton to executive vice president and chief financial officer; Travis Pritchett to vice president and senior managing director of global real estate strategies; Jerry Phillips to vice president and director of taxation; and Raymond Harbert Jr. to vice president of finance and administration. All of these promotions became effective January 1.
This week's jobs include a director of restructuring at Duff & Phelps. Also up for grabs are associate positions at Fremont Private Holdings and Antares Capital.
Proterra Investment Partners, a natural resources-focused investment advisor and private equity fund manager, has spun off from Cargill subsidiary Black River Asset Management. Proterra will now operate as a standalone company managing more than $2.1 billion assets.
AOL has agreed to buy AlephD, a programmatic platform focused on publisher analytics and price floor optimization, the former announced in a blog post on its site. No financial terms were disclosed. According to Crunchbase, AlephD's investors include A Plus Finance and Partech Ventures.