VC-backed Snapsheet promotes Colomb to CTO

By Iris Dorbian — 20 hours ago

Chicago-based Snapsheet, a provider of virtual claims software for the personal and commercial insurance sector, has promoted Dan Colomb to chief technology officer. Previously, Colomb, who joined the company in 2014, was vice president of engineering. Snapsheet’s backers include F-Prime Capital, IA Capital Group, Tola Capital, Liberty Mutual Strategic Ventures and Intact Ventures Inc.

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PE-backed TwelveStone taps two for his board

By Iris Dorbian — 2 days ago

TwelveStone Health Partners has named John Chadwick and Theresa Sexton, partners at Claritas Capital, to its board of directors. Earlier this year, Claritas Capital invested $3.35 million in TwelveStone. Based in Murfreesboro, Tennessee, TwelveStone is a provider of post-acute chronic care services.

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Geoff Lewis of Founders Fund leaves to launch his own fund: Bloomberg

By Iris Dorbian — 2 days ago

Geoff Lewis, a partner at Founders Fund, is leaving the San Francisco-based venture firm to start his own fund, sources told Bloomberg News. According to the news outlet, Lewis is planning on raising more than $100 million for the new fund. Founders Firm will reportedly be the anchor investor for the fund, said one of the sources to Bloomberg. Among the highlights of Lewis’ tenure at Founders Fund is his leading the firm’s investment in ride-sharing company Lyft in 2013. And, in 2015, he also led Founders’ investment in a $75 million Series B funding round for Privateer, the Seattle-based private equity firm focused exclusively on the legal cannabis sector. The latter transaction was a pivotal milestone for this emerging industry as it marked the first time a mainstream, high-profile venture firm made a significant investment in it.

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TRG expands team with new hire

By Iris Dorbian — 2 days ago

The Rohatyn Group has added Beidi Gu, former portfolio manager for the Caravel Flagship Fund. In her new role, Gu will lead lead TRG’s public equity investment strategies in beyond-BRIC emerging and frontier markets.

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VC-backed Blade Therapeutics hires EVP of research

By Iris Dorbian — 3 days ago

South San Francisco-based Blade Therapeutics, a biopharmaceutical company that treats fibrotic disease, has appointed Dr. Maria E. Fuentes as executive vice president of research. Previously, she was group director of fibrosis discovery biology at Bristol-Myers Squibb. Blade’s backers include MPM Capital, Deerfield, Osage Partners, as well as the venture funds of Pfizer, Bristol-Myers Squibb and Novartis.

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AlpInvest hires Ruulke Bagijn as head of primaries business

By Chris Witkowsky — 3 days ago

Carlyle Group’s AlpInvest Partners hired Ruulke Bagijn as head and managing director of its primaries business. Bagijn will start on September 1 and work out of Amsterdam. Bagijn joins AlpInvest from AXA Investment Managers, where she worked as global head of real assets private equity. Prior, she worked at pension fund manager PGGM, where she was co-CIO investment management and CIO private markets.

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PE-backed Grand Transformers taps Paul as CEO

By Iris Dorbian — 6 days ago

Grand Haven, Michigan-based Grand Transformers, a maker of custom engineered magnetics, has appointed Stephen A. Paul as CEO. Previously, Paul worked at Jefferson Electric where he served as chief operating officer. Grand Transformers is a portfolio company of Blackford Capital.

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PE-backed WolfePak CEO to step down

By Iris Dorbian — 7 days ago

Charlie Wolfe, founder and CEO of WolfePak Software LLC, a provider of financial, accounting and regulatory compliance software for the oil and gas industry, is stepping down from his post as CEO. In the interim, James Colony will serve as acting leader of the company. Wolfe will retain a significant stake in the company and remain a member of its board of directors. Also, he will become a senior adviser to WolfePak. Founded in 1986, WolfePak is backed by Fort Point Capital.

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Cowen beefs up staff with new addition

By Iris Dorbian — 7 days ago

Cowen Inc has hired Ann M. Miller as a director in the special situations group and will be part of the firm’s investment banking team. Previously, Miller was a director at Houlihan Lokey‘s financial restructuring practice.

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Cushman & Wakefield buys 20 VIC Management

By Luisa Beltran — 7 days ago

Cushman & Wakefield, a TPG Capital portfolio company, said Aug. 16 that it has acquired 20 VIC Management Inc. Financial terms weren’t announced. 20 VIC, of Ontario, is a property management firm. George Buckles and Randy Scharfe, 20 VIC co-founders, are joining Cushman & Wakefield as executive managing directors, asset services.

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Baird beefs up team with new hire

By Iris Dorbian — 1 week ago

Craig Rogowski has joined Baird‘s global investment banking business as a director on its global technology and services team. Previously, he worked at Pacific Crest Securities, a tech unit at KeyBanc Capital Markets.

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Jones Day adds partner to M&A practice

By Robert Daniel — 1 week ago

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.

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PE-backed Serenova taps Schollmeyer as CEO

By Iris Dorbian — 1 week ago

Serenova, which is backed by Marlin Equity Partners, has named Tom Schollmeyer as CEO. Previously, he worked at Avaya where he was the vice president and general manager of customer engagement UC applications and cloud. Austin, Texas-based Serenova is a contact center-as-a-service provider.

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