PRIVATE EQUITY FIRMS
Advent International said that Todd Lachman and Larry Bodner have joined the firm as senior advisors. Lachman and Bodner will work closely with Advent’s global retail, consumer and leisure team. Lachman is the former global president of Mars Petcare, while Bodner is the former CFO of Big Heart Pet Brands.
London-based private equity firm Campbell Lutyens hired Jeffrey Griffiths as a principal in its London office and Andrew Symons as a senior vice president in New York. Prior to joining Campbell Lutyens, Griffiths spent five years at Credit Suisse, most recently in the private fund group. Symons joins the firm from Forum Capital Partners.
Rick Brawn has joined GenNx360 Capital Partners as an operating partner. Brawn previously served as the managing director of Weir Services Europe based in Scotland.
Charlie Burckmyer has joined JMC Capital Partners as a principal. Burckmyer is the co-founder of Knob Hill Partners.
Cheryl Foil has joined Kiddar Capital as a principal. She will lead Kiddar Capital’s newly established technology and innovation venture arm. Foil was previously CTO for SocialSamba.
Chinh Chu, the veteran dealmaker who ended a 25-year career at Blackstone Group last year, is preparing to launch an acquisition company that could raise up to $1 billion in a U.S. initial public offering, Reuters reported, citing people familiar with the matter. Chu has teamed up with William Foley, chairman of the board of U.S. title insurance services provider Fidelity National Financial Inc, on the SPAC, which has already been registered confidentially with the SEC, Reuters reported.
Lavu Inc has named Marc Chesley as its CEO. He succeeds Andy Lim, who is stepping down as CEO but will remain on the board. Chesley was previously chief technology officer for Infusionsoft. Lavu, which provides iPad point of sale software for restaurants, is backed by Aldrich Capital Partners.
NorthStar Financial Services Group LLC named Jon Baum as its executive chairman. Baum was previously chairman and CEO of The Dreyfus Corp, a subsidiary of BNY Mellon. North Star is a portfolio company of TA Associates.
Sarah-Marie Martin has resigned as co-head of Credit Suisse Group AG’s Americas financial sponsors group, which focuses on private equity firms, to join Goldman Sachs Group Inc, Reuters reported, citing unnamed sources. Martin will join Goldman’s financial sponsors group in New York as a partner and report to the global head of that team, Alison Mass, the sources told Reuters. Martin, who spearheaded Credit Suisse’s relationships with several buyout firms, including Carlyle Group LP and Clayton Dubilier & Rice LLC, will take a leave of several months before starting officially at Goldman later this year, Reuters reported. Goldman Sachs and Credit Suisse declined to comment, while Martin did not respond to a request for comment.
Rebecca Converse has joined Sutton Hill as a managing director. Converse was previously director of investor relations, marketing and communications at Wind Point Partners.
First West Capital, the mezzanine and subordinated debt lending arm of First West Credit Union, has hired David Hastie to lead its operations in Toronto as a regional director. Hastie, who has over 12 years of experience in investment and commercial banking, was previously a district director at Roynat Capital.
Cotton Creek Capital promoted Lee Rash to director. Rash joined Cotton Creek in 2012 and focuses on evaluation and execution of investments and post-closing operational initiatives and serves on the boards of several portfolio companies. Prior to Cotton Creek, Rash worked at Blackstone Group.
Riverside Partners promoted Patrick Dooling to principal. Dooling joined Riverside in 2014 as a vice president. He previously worked in Bain Capital’s global private equity group. Boston-based Riverside is currently investing out of Fund V, a $561 million fund.
Canadian alternative assets manager and advisor Kensington Capital Partners has appointed Greg Cochrane to the firm’s advisory board. Cochrane is a managing partner at VRG Capital Corp, a Toronto-based family office focused on private equity investments.