Company offers labor-market data to PE firms Useful for companies expanding or facing high turnover Formerly PE-owned, now part of CareerBuilder Economic-software firm Emsi was founded in 2001 “to help community colleges struggling [to] defend their funding,” CFO Timothy van den Broek said. The firm now has entered the private equity space, using data to illuminate decisions […]
EQT closed third infrastructure fund on 4 bln euros Pursues growth-oriented infrastructure investments Infrastructure appetite has evolved to more value-add strategies EQT closed its third infrastructure fund on its 4 billion euro hard cap. What does EQT look for in these investments? For businesses, we’re looking at three criteria: essential services for society or industry; long-term stable […]
There is a governmental agency that actually makes money: Overseas Private Investment Corp, which provides loans and insurance for U.S. companies, including fund managers, investing in emerging markets. OPIC may not be all that well-known among the general population, but it is among the GPs who invest in emerging markets, committing to funds and projects […]
Johnson joined Pantheon in 2005, left in 2016: LinkedIn LinkedIn page says he’s CFO at IGP IGP closed fifth fund on $800 million in May: Preqin Brett Johnson, former managing director at Pantheon, has joined Industrial Growth Partners. Calls to Johnson at IGP went to his voicemail. Johnson’s LinkedIn page said he is CFO of Industrial Growth but […]
Eric Hanno promoted to Herchel’s role Herchel joined AlpInvest in 2004 Hanno rejoined in 2015 from Partners Group Marek Herchel, head of North American fund investing at AlpInvest Partners, has left the Carlyle Group-backed firm, spokesman Randy Whitestone confirmed for Buyouts. Principal Eric Hanno has been promoted to managing director and is now leading North […]
Veteran Oregon PE officer Green to leave by June 30 Has worked at Oregon agency since 2008 State’s PE team has seen turnover in recent years Sam Green, a veteran private equity investment officer with Oregon State Treasury, is leaving at the end of June, a spokesman confirmed for Buyouts. Green resigned as of June 30, […]
DePlatchett joined in 2008 Recently promoted to managing director Part of the senior-executive group of secondary fund Kristin DePlatchett, a StepStone Group research-team member who was promoted to managing director this year, has left the firm, a source with knowledge of the situation said. DePlatchett is no longer listed on StepStone’s website. She joined the firm in […]
PRIVATE EQUITY FIRMS Bridge Growth Partners named Randy L. Cowen to its technology advisory board. Cowen is a former global head of technology and operations, chief information officer and co-chief administrative officer at Goldman Sachs. CDIB Capital International hired two managing directors, Hamilton Tang and Yinghai Xie, in Hong Kong and Shanghai, respectively. CDIB also named Sandy Ng senior vice president in the investment and […]
Hartley Rogers, chairman of Hamilton Lane, talks about IPO How data is changing private equity The future of PE is ‘bigger, faster, cheaper’ Hartley Rogers is chairman and a member of the investment committee at Hamilton Lane. Why did you go public? Why now? We value our culture, client relationships and the services we’re able to […]
At an international private equity conference in Washington in May, speakers sounded the alarm about the twin challenges of rising populism and new technology reducing employment opportunities, especially in emerging economies. Europe must have an interest in the economic development of Africa, said one speaker at the IFC EMPEA Global Private Equity conference. Otherwise, the […]