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‘Chronic under-representation’ of black talent in UK finance in sights of new PE-backed initiative

A string of UK private equity houses are part of a new initiative to help fight what it describes as the chronic under-representation of black talent in British financial institutions.

Stellex Capital Management brings in industry veteran pair for launch of Michigan office

Mid-market US private equity house Stellex Capital Management has expanded its operations through the opening of a new office in Michigan.

Guardian Capital follows hard cap Fund III close with former Hershey’s senior exec hire

Former Hershey Company senior exec Damien Gresko has been tapped up by Guardian Capital Partners as a vice president.

Flexpoint Ford reveals new hire, promotes two to vice president

Chicago-based private equity firm Flexpoint Ford has named a trio of new vice presidents.

CalPERS reveals surprise resignation of CIO Meng, begins hunt for replacement

Pension giant CalPERS has revealed the surprise resignation of CIO Yu Meng after just 18 months in the role.

Ex-Cinven exec Robinson boosts Aberdeen Standard Investments’ European private equity team

Global investment giant Aberdeen Standard Investments has boosted its private equity capabilities by bringing in former Cinven exec Chris Robinson for its European operation.

Blackstone brings in ex-Pfizer CEO, chairman Kindler as newest senior advisor

Global private equity giant Blackstone has brought in former Pfizer CEO and chairman Jeffrey Kindler as its latest senior advisor.

Blackstone brings in ex-Amazon Web Services senior exec Feng to target tech investments

Blackstone has hired former Amazon Web Services senior exec Christine Feng as a senior managing director targeting tech deals for its opportunistic investment platform Tactical Opportunties.

Petrochemical industry veteran Michael White joins Starwood Energy as senior vice president

Energy infrastructure-focused private investment house Starwood Energy has brought in veteran industry expert Michael White as a senior vice president.

KKR taps $1.3bn Impact Fund for Spanish online job training, exam prep provider MasterD

Global private equity giant KKR has bought a majority stake in Spanish vocational training business MasterD.

Ex-Blackstone senior exec Akazhanov joins HIG Capital as Advantage Fund managing director

Former Blackstone senior exec Timur Akazhanov has been brought in by HIG Capital as a managing director of the firm's Capital’s Advantage Fund.

TZP Group names two new partners amid string of hires

New York private equity house TZP Group has revealed a pair of new partners among a string of new hires at the firm.

Ex-Mastercard CEO, president Lockhart brings expertise to Blackstone as senior advisor

Former Mastercard president and CEO Gene Lockhart has been hired by Blackstone as a senior advisor, with a focus on the firm's growth equity and opportunistic investment units.

TPG launches US, Europe secondaries strategy, bring in ex-CPPIB secondaries head Woolhouse to lead

Private equity major TPG has snapped up CPPIB's head of secondaries to launch its secondaries strategy in the US and Europe.

Financial services private equity specialist AnaCap promotes trio to partner

Financial services-focused private equity specialist AnaCap Financial Partners has promoted a trio of long-serving executives to partners.

Fintech, software expert Hess named latest WCAS operating partner

Tech and healthcare-focused private equity house Welsh Carson Anderson & Stowe has named software and fintech expert Pete Hess as its latest operating partner.

Placement agent BerchWood brings in two new hires across London, New York operations

Private equity fund placement agency BerchWood Partners has made a pair of new hires across its London and New York offices.

Emerging markets specialist Leapfrog names senior trio to management committee in wake of record-breaking fund close

Emerging markets-focused Leapfrog Investments has promoted a trio of senior staff to its management committee and board in the wake of its last record-breaking fundraise.

Aircraft engineering industry veteran Vigeant-Langlois joins AE Industrial Partners

AE Industrial Partners has named aerospace industry expert Laurence Vigeant-Langlois as its latest managing partner.

Temasek, Credit Suisse veteran Boon Sim joins CPPIB board of directors

The $409bn-managing Canada Pension Plan Investment Board has named former Temasek and Credit Suisse senior exec Boon Sim to its board of directors.

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