PE-backed Orchid taps Cyran as chief underwriting officer

By Iris Dorbian — 2 days ago

Vero Beach, Florida-based Orchid Underwriters Agency LLC, a specialty underwriter of catastrophic coastal insurance, has named Andrew Cyran as chief underwriting officer. Previously, Cyran was the executive vice president at Alliant Specialty. Orchid Underwriters is backed by Gryphon Investors.

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VC-backed Cloudvirga hires Portner as chief product officer

By Iris Dorbian — 2 days ago

Cloudvirga, a developer of intelligent mortgage point-of-sale platforms, has appointed Jim Portner as chief product officer. Previously, Portner worked at First American Financial Corporation where he was senior vice president of products and strategy. Cloudvirga’s backers include Dallas Capital, Upfront Ventures and Tribeca Angels.

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Cognizant adds PE adviser to board

By Iris Dorbian — 2 days ago

Cognizant, a professional services company, has named Joseph M. Velli to its board of directors. Velli was a senior executive vice president at BNY Mellon and is a senior adviser to Lovell Minnick Partners.

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Palladium promotes two, hires one

By Chris Witkowsky — 2 days ago

Palladium Equity Partners promoted Luis Zaldivar and Caleb Clark to senior managing director and managing director, respectively. The firm also hired Chris Allen as principal. Zaldivar joined Palladium in 2004 and Clark joined in 2014. Allen joins the firm from Arlon Capital Partners.

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William Blair adds new sector team, opens new office

By Iris Dorbian — 3 days ago

William Blair has added a new team covering aerospace, defense and government services to its staff. The team will work from a new office in Charlotte, North Carolina and be led by Managing Director Gordie Vap. Also included in the new sector team will be Vice Presidents Andrew Kugajevsky and Josh Ollek.

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Partners Capital promotes Shushan and Joll to partner

By Iris Dorbian — 3 days ago

Partners Capital has promoted David Shushan and Toby Joll from managing director to partner. Shushan joined the firm in 2008 from McKinsey & Company while Joll has been with Partners Capital for seven years. Also, the firm announced four senior principals have been promoted to managing directors.

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Ribbon Communications hires Hobbs and president and CEO

By Iris Dorbian — 3 days ago

Ribbon Communications, a provider of cloud communications, has named Franklin W. Hobbs as president and CEO. His appointment follows the resignation of Ray Dolan and president and CEO of the Ribbon Communications. Since 2004, Hobbes served as adviser to One Equity Partners LLC.

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VC-backed Cibiem adds Kucheman to board

By Iris Dorbian — 3 days ago

Los Altos, California-based Cibiem Inc, a medical device company, has appointed William H. Kucheman to its board of directors. Currently, Kucheman served as director of BioStar Ventures III, a medical device venture capital fund. Cibiem is backed by Third Rock Ventures, SV Health Investors and BioStar Ventures.

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VC-backed GRAIL appoints Cook as CEO

By Iris Dorbian — 3 days ago

Menlo Park, California-based GRAIL Inc, a life sciences company focused on detecting cancer early when it can be cured, has named Jennifer Cook as CEO. Her appointment becomes effective January 2, 2018. Bill Rastetter, the interim CEO since August 2017, will continue as chairman of the board of directors. And GRAIL has added Catherine Friedman and Min Cui to its board of directors. GRAIL’s backers include ARCH Venture Partners, Amazon, Bezos Expeditions, Bill Gates, Bristol-Myers Squibb, Celgene, Decheng Capital, GV, Illumina, Johnson & Johnson Innovation, Merck, McKesson Ventures, Sutter Hill Ventures, Tencent and Varian Medical Systems.

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Round13 Capital’s John Eckert joins Bluerush’s board

By Kirk Falconer — 3 days ago

Bluerush Media Group Corp announced the appointment of John Eckert, co-founder of Canadian venture capital firm Round13 Capital, to the company’s board of directors. The appointment follows Round13’s investment in Bluerush’s $1.3 million private offering in October. Eckert, a co-founder and former managing partner of McLean Watson Capital, helped launch Round13 in 2012. Earlier this year, the firm raised $95 million for its growth-stage technology fund. Bluerush, a Toronto-based digital solutions provider, also said it appointed Steve Taylor as CEO.

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Felix Capital adds EIR, associate

By Alastair Goldfisher — 4 days ago

London-based venture firm Felix Capital, which raised $150 million for its second fund in the summer, announced it has added its first entrepreneur-in-residence and associate to the team. Joining as EIR is George Pallis who came over from Deliveroo, where he led global marketing, and before that was with Transferwise. Felix said Pallis will provide feedback on investment opportunities through his operator eye, especially on the consumer side. Joining as associate is Emilie Spire, who started in venture as an associate with Partech Ventures in Paris before moving to Blablacar in a corporate development and then operational role. Felix said Spire will spend time in France and work very closely with all of the team on deal sourcing,

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