Cowen to buy Conifer Securities

Cowen Group has agreed to acquire Conifer Securities LLC, the prime services unit of Carlyle-backed Conifer Financial Services LLC. No financial terms were disclosed for the deal that’s expected to be completed in the third quarter of this year.

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TIAA-CREF’s Churchill taps Carlyle’s Cox for senior MD and chief risk officer

TIAA-CREF subsidiary Churchill Asset Management LLC has named Christopher Cox as a senior managing director and chief risk officer. Prior to joining Churchill, Cox worked at The Carlyle Group where he served as a principal and chief risk officer at Carlyle GMS Finance. Based in New York, Churchill Asset Management is a provider of middle-market lending and senior debt financing.

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PE HUB First Read

First Read starts off the week with news that escaped New York convict David Sweat was shot and captured, Element Financial Corp. agrees to buy the bulk of GE Capital’s fleet unit for $6.9 billion and Greece further spirals into turmoil as the country shuts down banks for six days.

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PE-backed EPIC adds to team with new hire

Edgewood Partners Insurance Center, which is backed by The Carlyle Group and Stone Point Capital, has hired Myesha Lamison as director of benefits technology. Previously, Lamison worked at Zenefits where she served as a benefits program manager. Based in San Francisco, Edgewood Partners Insurance Center is a provider of retail property, casualty and employee benefits insurance.

GES taps Carlyle co-founder Norris for advisory board

Dubai-based NEAH GES, which provides logistics, power generation and security management for energy and critical infrastructure assets, has appointed Stephen L. Norris to its advisory board. Currently, Norris is chairman of Stephen Norris Capital Partners. Also, he is a co-founder of the Carlyle Group.

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PE-backed EPIC buys Sorci

EPIC Insurance Brokers and Consultants, which is backed by The Carlyle Group and Stone Point Capital, has acquired Sorci Insurance Brokerage. No financial terms were disclosed. Based in Los Gatos, California, Sorci is a provider of workers’ compensation insurance services.

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Carlyle closes CLO fund at about $610 million

The Carlyle Group has closed its second U.S. 2015 collateralized loan obligation fund at about $610 million. The CLO, which was arranged by Citigroup, will focus mostly on senior secured bank loans.

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