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By Jeffrey Stevenson, VSS Digital-IT and population-health businesses enabling providers – doctors, community and hospital systems – to better analyze data from electronic health records, claims and clinical treatment are poised to become tomorrow’s healthcare-IT winners. This is happening as the industry’s transition from fee-for-service to value-based care has gained momentum. Value-based reimbursement models are […]
Silver Lake named Laura Anderson a managing director and head of communications in the Menlo Park, California, office. Anderson joined the firm from Intel Corp, where she headed global communications.
PRIVATE EQUITY FIRMS Clearlake Capital Group named five executives partner and/or managing director: Fred Ebrahemi, partner, managing director, general counsel and chief compliance officer; Dan Groen, managing director; James Pade, partner and managing director; Arta Tabaee, managing director, and Pedro Urrutia, partner, managing director and CFO. Hg opened a New York office to support the firm’s current activities, […]
PRIVATE EQUITY FIRMS KKR named Kate Richdale member and head of strategy and business development in Asia Pacific. Richdale joins from Goldman Sachs in Hong Kong, where she was chairman of investment banking in Asia Ex-Japan. Genstar Capital promoted David Golde to managing director and Ben Marshall and David Graham to director. Excellere Partners, the Denver private equity firm, promoted Mike Vieth to principal and Nick Coleman and Matt Halverson to vice […]
PRIVATE EQUITY FIRMS Victory Park Capital appointed Kevin Burke a partner. He previously spearheaded the launch of the Institute for Global Investing at the University of Notre Dame. KKR: Sumanth Cidambi and Vijay Padmanabhan were named directors for the credit business in India. Cidambi has worked with corporate boards and senior management teams in Asia, Europe and the U.S., while Padmanabhan’s resume […]
PRIVATE EQUITY FIRMS Pantheon Group named Jeff Wright a principal on the client service team, focused on the firm’s U.S. institutional client markets. Wright’s background includes senior roles at Wilshire Private Markets and HarbourVest Partners. BelHealth Investment Partners, a healthcare private equity firm, named Kiran Patel senior adviser. Patel, a physician, is former chairman of WellCare and America’s 1st Choice. Paine Schwartz Partners named Edward Haft an operating […]
Jones Day, the international law firm, named Charles Chau a Hong Kong-based partner in its M&A practice. Chau has almost 20 years of experience advising clients in a range of business sectors in Hong Kong, China and Asia-Pacific, Jones Day said.
Bow River Capital Partners, the Denver alternative-asset-manager, closed its fourth buyout fund at an oversubscribed $262 million. The target was $200 million on the fund, which plans to invest in lower-middle-market private companies in infrastructure, engineering, healthcare and industrial services.
Michael Baker, Global Knowledge downgraded Outlook developing at MBI, engineering firm Outlook cut to negative at GK, training-services firm Michael Baker International was downgraded at Standard & Poor’s after the global engineering and construction firm postponed a plan to refinance debt. S&P pared the corporate-credit rating on MBI to B- from B+ and made the […]
The Tel Aviv private equity firm FIMI is in advanced talks to acquire the Israeli subsidiary of the UK-based security-services firm G4S for as much as 400 million shekels, or $105 million, the Israeli daily Haaretz reported. Quoting anonymous sources, the paper said that a purchase price of 350 million to 400 million shekels would indicate a multiple of 6x or 7x annual EBITDA at the Israeli unit. Several months ago G4S said that it planned to sell the Israel unit for commercial reasons. Last month, FIMI closed a $1.1 billion fundraising for its sixth fund.