Just a quick note of appreciation to the PE community for coming out strong for our women in private equity project, which will run in March. We have a great one this year (I think our best effort yet), and that’s all due to you all coming out and helping us with recommendations of rock star women to include in our 10 profiles, and offering up insight as sources for our ongoing coverage of diversity in PE.
Also (!), we got a ton of Deal of the Year awards submissions, as usual, right at the wire. Thanks for that as well. Right now, the PE Hub and Buyouts teams are sequestering, virtually, and vetting the mountain of candidates to find out which exits stood out last year. We’ll make our decisions by early next week and start the process of getting in touch with winners. Everything gets revealed in April.
Growing: Bridgepoint (which owns PE Hub’s parent company PEI Media) portfolio company Qualitest added on Indian quality assurance provider QA InfoTech, writes Milana Vinn today. Bridgepoint acquired Qualitest in October 2019 through its sixth fund.
The acquisition adds about 1,000 highly skilled testing professionals to Qualitest, Milana writes. Read the story here on PE Hub.
People: Well, that was fast. Ex-SEC chairman Jay Clayton, who stepped down in December, joined Apollo Global Management in the newly created role of independent director. Apollo created the role as part of a sweeping governance overhaul after a review by law firm Dechert found that chief executive Leon Black paid Jeffrey Epstein $158 million for tax- and estate-planning services, writes Wall Street Journal.
In the wake of the review of Black’s relationship with Epstein, a convicted sex offender, Black said he would step down by July, and the firm said it would make changes to its shareholder structure and board governance. Read more here.
That’s it for today! Hit me up with feedback, tips n’ gossip or whatever at email@example.com or find me on LinkedIn.