Appalachia gas producer Alta Resources exploring $3 billion sale -sources
Privately-owned Appalachian gas producer Alta Resources is exploring options that include a sale of its acreage for more than $3 billion, people familiar with the matter said on Thursday. The move comes as a prolonged slump in energy demand, caused by the COVID-19 pandemic, puts pressure on many North American oil and gas exploration and […]
Investcorp appoints Head of Corporate Strategy
Investcorp, a global provider and manager of alternative investment products, has appointed Andrea Davis as the firm’s first Head of Corporate Strategy. In her new role, Davis will be charged with helping to oversee Investcorp’s execution on its organic and inorganic growth initiatives across geographies and asset classes on behalf of serving its global clients. […]
ICV Partners appoints Managing Director of Portfolio Operations Group
ICV Partners, an investment firm focused on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, has expanded its Portfolio Operations Group with the addition of Mary Rachide who joins the firm as a Managing Director. Rachide will be based in the firm’s Atlanta office. “Mary brings years […]
SolarWinds Hack Throws Wrench In Private Equity’s Most Profitable Market
For years, one of the most lucrative corners of financial markets has been the software leveraged buyout, where firms like Thoma Bravo, Silver Lake Partners and others have earned industry topping returns. Their unheralded target companies provide the digital infrastructure, network management, and applications to run businesses on the cloud. These companies generally deploy stable […]
Impax Asset Management adds Sean Maguire as Managing Director
Impax Asset Management (Impax), a specialist asset manager investing in the transition to a more sustainable global economy, has appointed Sean Maguire as a managing director in firm’s private equity/infrastructure team in London. Impax is one of the longest established private markets managers in the large and rapidly growing renewable energy sector. Sean’s industry network […]
Palatine appoints ESG Director
Palatine, a mid-market private equity firm, has promoted Stephanie Wall to the position of ESG Director. In her new role Wall joins Palatine’s senior management team. She will continue to lead projects across Palatine’s Buy-Out and Impact funds to embed ESG (environmental, social and governance) practices and continuous improvement across its portfolio, with a particular […]
Crestbridge appoints Group Head of Private Equity
Crestbridge, a provider of private equity and real estate administration solutions, has appointed Alex Di Santo as Group Head of Private Equity In his new role, Di Santo is responsible for the development and implementation of Crestbridge’s private equity fund services strategy including maintaining the highest levels of client care. He will have additional responsibilities […]
CAPZA appoints head of Italian office
CAPZA, an independent management company and leading player in private investment in European SMEs, has appointed Stefano Zavattaro as head of its Italian branch Zavattaro, Partner and Country Manager, will be responsible for CAPZA’s investments in Italian SMEs and will support the transalpine development projects of CAPZA’s French, Spanish and German portfolio companies. Zavattaro has […]
Maneesh Dangi, A Top Fund Manager Is Turning Bullish on Riskier Indian Debt
(Bloomberg) — One of India’s top fund managers is turning bullish on higher-yielding rupee corporate bonds based on the view that the nation’s recovery will outpace the consensus estimate of economists. Maneesh Dangi, who oversees $25 billion of debt assets at Aditya Birla Sun Life AMC Ltd., expects India’s economy to expand by 13% in […]
Investcorp adds to Board of Directors
Investcorp has added Frances Fragos Townsend to its Board of Directors, effective immediately. With Townsend’s appointment, Investcorp’s Board now comprises 15 directors, 10 of whom have joined the in the past five years. Townsend is Emeritus Vice Chairman at MacAndrews & Forbes, Incorporated (MacAndrews). She formerly held the titles of General Counsel and Chief Administrative […]
