Gramercy Funds Management has named Jeffrey D. Sharon as global head of business development. Prior to joining Gramercy, Sharon worked at OFI Global Asset Management, an OppenheimerFunds Company.
Memphis, Tennessee-based Varsity Brands, a sports equipment company, has named Justin Kentor as chief of strategy and business transformation. Previously, Kentor worked at Nike Inc where he recently was head of Nike's Digital Activity Commerce. Varsity Brands is a portfolio company of Bain Capital Private Equity.
LCR Capital Partners has named Sherman Baldwin as CEO. Suresh Rajan, LCR's founder and majority shareholder, will transition to executive chairman. Previously, Baldwin was a managing director at Accenture.
Zep Inc, a provider of industrial cleaning solutions, has named Dan Smytka as CEO. His appointment begins September 3, 2019. Previously, he was president for Goodyear's global off-highway businesses. Zep is a portfolio company of New Mountain Capital.
Boulder, Colorado-based Stateless, which is reinventing network connectivity, has named Michael Anderson as vice president of marketing. Previously, he was the vice president of marketing at Flexential. Stateless is backed by Drive Capital and Speedinvest.
InterVision, an IT strategic service provider, has named Ray Panahon as head of technology for media and entertainment. His work background includes roles at Earthlink, ReelzChannel, McDonalds and Al Jazeera America. InterVision is backed by Huron Capital.
ICONIQ Capital has named Doug Pepper as a general partner on the firm's growth equity team, according to an ICONIQ spokesperson. Previously, Pepper was a managing director at Shasta Ventures. He has also worked at InterWest Partners.
Two Sigma Ventures has tapped Villi Iltchev as a partner. Iltchev was most recently a partner with August Capital, which he joined in 2016.
Genstar Capital said Aug. 15 that Rick Taketa has joined as a member of the firm’s strategic advisory board. Taketa is president of Taketa Capital, a small family office.
Caisse de dépôt et placement du Québec (CDPQ) said Daniel Fournier, chairman and CEO of Ivanhoé Cambridge, the pension system's real estate investment arm, will retire in October. Fournier has headed Ivanhoé's operations and investment activity since 2010. During this time, he led the consolidation of CDPQ's real estate affiliates and oversaw deal volume of nearly $100 billion. Fournier will be replaced as CEO by Nathalie Palladitcheff. She joined Ivanhoé in 2015 as executive vice president and CFO and was last year appointed president. Montréal-based Ivanhoé holds $65 billion in assets and interests in more than 1,000 buildings.