Iris Dorbian
This week's job opportunities include vice president positions at Neuberger Berman and StepStone. Plus, Sailing Capital Advisors is seeking a private equity investment analyst.
Golden Gate Capital has named Jay Parkinson as an operating executive. In his new role, Parkinson will help expand the firm’s focus on the oil and gas sector. Previously, Parkinson worked at Nuverra Environmental Solutions where he served as an executive vice president and chief financial officer.
Endeavour Capital has raised $775 million at a hard cap for its seventh fund, beating its initial $700 million target.
First Read huddles against the deep freeze with news Facebook is buying voice-recognition startup Wit.ai, the Dow plunges 331 points as oil prices continue to fall and a hedge fund founder's son has been arrested for allegedly shooting him to death.
Magnate Capital Partners and CIVC Partners have formed Magnate Worldwide, a holding company that will make acquisitions in the transportation and logistics sector. No financial terms were disclosed. MCP's Dan Para and Mike Welch will serve as CEO and president, respectively.
CBPE Capital has sold Warwick Chemicals to Lubrizol Corp., which is owned by Berkshire Hathaway. No financial terms were disclosed. The Valence Group advised CBPE on the transaction. Based in Mostyn, North Wales, Warwick Chemicals is a provider of stain removal technology.
MSDP, a portfolio company of Z Capital, has bought ACCEL Performance Group. No financial terms were disclosed. ACCEL is a maker of automotive performance parts.
Los Angeles-based private equity firm Levine Leichtman Capital Partners has named Wouter Snoeijers as a managing director for its Netherlands office. Prior to joining LLCP, Snoeijers worked at PGGM where he was a director.
MW Industries, which is backed by Genstar Capital, has acquired Maudlin & Son Manufacturing. No financial terms were disclosed. Based in Kemah, Texas, Mauldin & Son is a maker of tool room supplies.
Wasserstein & Co. has bought Paris Presents from Mason Wells. No financial terms were disclosed. Ontario Pension Board and Northwest Mutual are co-investing in the deal. BNP Paribas provided the financing for the transaction. Based in Gurnee, Illinois, Paris Presents is a provider of beauty products and personal care accessories.