Lone Star’s Beevers succeeds Loughlin as North America president

Lone Star Funds announced the appointment of Nick Beevers as president for North America, succeeding Sam Loughlin.

Loughlin is leaving the private equity firm. A spokesperson declined comment on the reason for his departure. He joined Hudson Advisors, an asset management company affiliated with Lone Star, in 2008.

Beevers’s most recent role was executive vice president and chief of staff to Lone’s Star’s global president, André Collin. In that capacity, he was “involved in nearly every aspect of the firm’s strategy, investments, and operations,” Lone Star said in a statement.

Beevers has been with the firm since 2011, originally as global head of investor relations and fundraising. He joined from JP Morgan, where he spent eight years as an investment banker in New York and London, focusing on equity capital market transactions.

In his new role, Beevers will be responsible for directing origination and liquidations throughout the United States and Canada, for both real estate and private equity investments.

In addition to Collin, the firm is led by Chairman John Grayken.