FPE Capital appoints two new investment team appointments as it builds team to further support UK lower mid-market investment focus

FPE Capital

FPE Capital LLP is delighted to announce the appointments of Harriet Hunt and Ben Cole as Investment Managers. These are the third and fourth new investment team hires by FPE Capital following the final close of its latest fund, FPE Fund II.

Harriet joins FPE Capital from PwC, where she was a member of the firm’s M&A Advisory team. She has passed all three levels of exams of the CFA designation. and has worked on a number of private equity led lower mid market transactions at PwC.

Ben joins FPE from Skillcapital, a global executive search and advisory firm dedicated to private equity. Ben spent almost four years as a member of the firm’s TMT practice, finding CEOs, CFOs and Chairs for mid and large cap portfolio companies, and advising investors and management teams around transaction processes. He brings a strong network of relationships with senior executives from both public and private companies across Europe and the US. His sector experience fits extremely well with FPE’s strength in technology enabled business services. Prior to joining Skillcapital he worked at the expert network, AlphaSights.

These appointments mark a further step in the development of the FPE Capital investment team as it continues its focus on the lower end of the UK mid-market. Harriet will strengthen the firm’s investment capabilities and Ben will focus on widening the firm’s investment origination activity among its differentiated network of individual investors from the business community, together with the wider intermediary community.

Recent investments made by FPE Capital from its Fund II include TNP, a provider of cloud based software solutions, and IWSR, the leading global alcohol data provider.

David Barbour, Managing Partner at FPE Capital, commented:

“We are delighted to have recruited Harriet and Ben – two impressive professionals who have been attracted by the opportunity at FPE Capital to work in the lower mid-market and to partner with ambitious high growth UK businesses. Their recruitment marks a further important step change in the FPE team on the back of our spin out and closing of FPE Fund II.”

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HQ Capital strengthens its global secondaries practice

HQ Capital

New York / Frankfurt, 24 June 2019. HQ Capital, a leading specialist in global private equity investments, is strengthening its global secondaries practice with two new additions. Ben Wilson and Alec Brown will join HQ Capital’s investment team in New York as Managing Director and Director in July. Both secondary specialists previously worked in Pantheon’s global secondaries team.

 

Ben is a secondaries expert with more than a decade of relevant experience in the industry. Before working with Pantheon he was a Managing Director in the secondaries group of PEI Funds, focusing on sourcing, evaluating, analyzing and pricing secondary transactions. Ben has an investment banking background and holds a Business Studies degree from Washington and Lee University, as well as an MBA from Columbia University.

 

Alec worked in the Secondary Advisory Team within UBS’s Private Funds Group prior to joining Pantheon. He also has broad private equity expertise and an investment banking background working at Seven Mile Capital Partners, Citigroup and BNP Paribas. Alec holds a BS in Finance and International Business from the Smith School of Business at the University of Maryland.

 

“We are excited that Ben and Alec are joining our global secondary practice. Both are very experienced and will add significant value to our company. We are convinced that they will contribute to and expand our global private equity platform for our clients”, says Stephen Wesson, Head of Global Private Equity at HQ Capital.

 

With the new investment team members, HQ Capital expects to further strengthen its footprint and position in the global secondary market.

 

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Rami Huovinen appointed acting CEO of LEDiL

Ratos

Jyri Järvinen is stepping down from his position as CEO of Ratos’s subsidiary LEDiL. The company’s co-owner and Board member Rami Huovinen has been appointed acting CEO until a permanent CEO is recruited.

Rami Huovinen, one of LEDiL’s co-owner, Board member and former CEO, has been appointed acting CEO to replace Jyri Järvinen who is leaving the company. Due to his history and current commitments within LEDiL, Rami is familiar with the company and its market, and therefore well suited to the position as acting CEO. A recruitment process to find a permanent CEO will start immediately.

“During his time as CEO, Jyri continued to lead LEDiL during an expansion phase and we would like to thank him for his efforts. LEDiL is a company operating in an exciting market that is experiencing changes. With his connection to the company, we believe that Rami is the right person to lead the company during this interim period while we seek a permanent CEO,” says Jonas Wiström, CEO of Ratos and President of the Industry business area.

Ratos became the majority owner of LEDiL in 2014. LEDiL designs, develops and sells secondary optics to lighting manufacturers globally. At 31 March 2019, rolling 12-month sales amounted to 41.6 MEUR and the EBITA margin was 23.7%.

For further information, please contact:
Jonas Wiström, President and CEO, Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press, Ratos, +46 8 700 17 98

About Ratos:
Ratos owns and develops unlisted medium-sized companies based in the Nordic countries. Our goal as an active owner is to contribute to long-term and sustainable development in the companies we invest in. Ratos is a listed company that invests capital from its balance sheet and therefore has a flexible ownership horizon. Ratos’s 12 companies are divided into three business areas: Construction & Services, Consumer & Technology and Industry. In total, the companies have approximately 12,300 employees.

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CipherHealth Names New CPO & COO as Company Accelerates Growth

JMI Equity

NEW YORK, May 29, 2019 /PRNewswire/ — As part of its expansion and strategic growth initiative, CipherHealth, the leading patient engagement software company, has announced the new roles of Chief People Officer (CPO) and Chief Operating Officer (COO).

Jennifer Compagni has joined CipherHealth as Chief People Officer and Jake Pyles, the current Chief Financial Officer at the company, is expanding his role to include Chief Operating Officer.

Both will help further CipherHealth’s mission of empowering healthcare providers across the care continuum with integrated patient engagement solutions that improve patient communication and care coordination.

Compagni has an extensive background in corporate business, research, government and educational institutions as an HR executive. She has led HR teams and projects at Warner-Lambert Company, (Pfizer, Adams USA), Antenna Software, Revlon, Alpharma Inc. and The National Research Council of the National Academies. Prior to CipherHealth, Compagni also led the HR organization at SmartLinx Solutions, a growing SaaS company in the workforce management space.

As CPO at CipherHealth, Jennifer Compagni ensures a fluid human resource strategy that supports the overall business plan and strategic direction at the company to attract and retain great talent and make sure employees have an amazing career experience. She also provides strategic leadership by articulating HR needs and plans to the executive management team, shareholders and the board of directors.

“The award winning patient engagement product suite and mission-driven culture attracted me to CipherHealth. The team is an amazing, smart, cohesive group of people working together to enable patients to heal and thrive,” said Compagni.

Jake Pyles, who became CipherHealth’s CFO in August 2018, will now also lead the company’s operations function. With more than twenty-five years of financial and operations experience at various software companies, Pyles has a significant amount of experience with managing high-growth technology companies. Prior to CipherHealth, Pyles spent four years as CFO at Paradigm Geophysical, leading the company to its eventual sale to Emerson Electric.

“We are thrilled with the addition of Jennifer and Jake’s expanded role to help us continue delivering solutions that ensure patients get the best care possible,” said CipherHealth CEO and Co-Founder Randy Cheung.

ABOUT CIPHERHEALTH
Ranked as the top-performing vendor for patient outreach and digital rounding by KLAS in 2019, CipherHealth is a proven healthcare technology partner committed to enhancing communication and care team coordination throughout the patient journey. CipherHealth’s suite of integrated patient engagement solutions empowers healthcare organizations across the continuum to achieve the Quadruple Aim.

Everstone Group partners with Suresh Vaswani to strengthen its’ global information technology investment effort

Everstone

Mumbai, May 20, 2019 – The Everstone Group has partnered with Suresh Vaswani, who was previously the President of Dell Services and Co-CEO of Wipro, to co-invest in the information technology sector. He will be a Senior Director at the Everstone Group and will also join the board of two group companies – Servion Global Solutions, a US headquartered omnichannel customer experience management company and Innoveo AG, Switzerland based InsurTech Cloud software provider.

Suresh will work closely with Avnish Mehra, Managing Director, Everstone Group to provide strategic and operational expertise in current and prospective investee companies worldwide. He will be based out of the US and split his time between U.S. and India.

“Suresh brings a wealth of global information technology expertise and experience. This partnership will strengthen our capability set on the sector as a whole, and specifically on our cross-border investment strategy, where we synergize with our infrastructure in India and South East Asia.” said Sameer Sain, CEO, The Everstone Group.

“Everstone Group has a global mindset with a strong understanding and expertise in the information technology sector. I am delighted to partner with them and look forward to working closely with the Everstone team globally.” said Suresh Vaswani, Senior Director, Everstone Group.

Suresh recently joined the board of Vodafone-Idea and is an external advisor to Bain Consulting. He has over three decades of leadership experience across global IT/technology majors which includes Dell, IBM and Wipro. Suresh is an alumnus of Indian Institute of Technology, Kharagpur with an MBA from Indian Institute of Management, Ahmedabad.

About Everstone Group
Everstone is a premier investment group focused on India and South East Asia, with assets in excess of US$5 billion across private equity, real estate, green infrastructure and venture capital. Everstone has a significant resource base across its seven offices in Singapore, India (Mumbai, Delhi, Bangalore), London, New York and Mauritius, comprising best-of-breed investing, operations and strategic resources with significant experience and skills. For more information, visit www.everstonecapital.com

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The Carlyle Group Names Pooja Goyal Head of Expanded Renewable Energy Team

Carlyle

Renewable and Sustainable Energy Investment Strategy Further Enhances Carlyle’s Global Energy Platform

New York, NY  Global investment firm The Carlyle Group (NASDAQ: CG) announced today that Pooja Goyal will join the firm as a Partner and Head of its Renewable and Sustainable Energy Team (“RSEF”). She will begin this new role in July 2019 and be based in New York.

Ms. Goyal will lead RSEF’s dedicated team of investment professionals with deep sector and operational expertise who will invest globally in a portfolio of opportunities in the renewable and sustainable energy sector. Other RSEF senior team members include Catalin Breaban, Pascal Emsens and Simon Robinson, together with Senior Advisor Harry Bond, all of whom have strong international industry credentials and have worked closely with Marcel van Poecke, Chairman of Global Energy and Head of Carlyle International Energy Partners. The RSEF team will work closely with the Carlyle Power Partners team and Cogentrix, Carlyle’s power operating platform.

“With nearly 15 years of experience investing in the renewables and sustainable resources sector, Pooja is one of the most seasoned investors in renewable energy,” said Glenn Youngkin, Co-CEO of The Carlyle Group. “We are thrilled Pooja is joining the firm to lead Carlyle’s investment activities in this rapidly growing sector of global energy markets.”

“I have great admiration for Carlyle’s talented team and its experience investing in and growing energy companies across the globe,” Ms. Goyal said. “I am excited to leverage the One Carlyle platform and the RSEF team’s deep sector-specific expertise to help identify investment opportunities and create lasting value at portfolio companies at this pivotal time in the global energy market.”

The RSEF team leverages insights from Carlyle’s power, infrastructure and hydrocarbon businesses to find the best renewable and sustainable energy investment opportunities. Carlyle’s diversified $27 billion global energy platform operates 95+ portfolio companies across 31 countries and 6 continents, and has deployed nearly $3 billion over the past year and $9 billion over the past four years. The RSEF team is wholly dedicated to investing in renewable and sustainable energy businesses, primarily in developed countries.

* * * * *

Pooja Goyal Bio

Ms. Goyal has invested in the renewables and sustainable resources sector on a dedicated basis since 2005. She joins from Goldman Sachs where she most recently served as Head of the Alternative Energy Investing Group. Previously, Ms. Goyal served as Vice President of the Alternative Energy Investing Group and held various roles within Goldman Sachs’ Investment Banking Division. Ms. Goyal has also served on the Board of Directors of several companies and organizations, including the American Council of Renewable Energy.

Ms. Goyal graduated magna cum laude from the University of Pennsylvania with a Bachelor of Science in Finance and a Bachelor of Applied Sciences in Computer and Cognitive Science.

* * * * *

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $216 billion of assets under management as of December 31, 2018, Carlyle’s purpose is to invest wisely and create value on behalf of our investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,650 people in 31 offices across six continents.

Web: www.carlyle.com
Videos: www.youtube.com/onecarlyle
Tweets: www.twitter.com/onecarlyle
Podcasts: www.carlyle.com/about-carlyle/market-commentary

Contact:

Kelsey Markovich / Kevin Siegel
Sard Verbinnen & Co.
+1 (212) 687-8080
Carlyle-SVC@sardverb.com

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Activa Capital recruits chief financial officer with the arrival of ALEXANDRE CHOLLET

Activa Capital

Activa Capital announces the appointment of Alexandre Chollet as Chief Financial Officer.
Alexandre, 37, will be responsible for coordinating the cross-functional activities of Activa Capital
(Administrative and Financial Department, and Investor Relations in particular).
Until now, Alexandre was Director of Investor Relations at Naxicap Partners (2016-2019).
Alexandre previously was Head of Funds and Portfolio at Qualium Investissement from 2011 to 2016,
a position he held after leaving the Financial Department of iXEN Partners (formerly Natexis Industrie).
Alexandre has 14 years of experience within the finance functions of Private Equity and is a graduate
of ESCP Europe-Novancia.
Christophe Parier and Alexandre Masson, Partners at Activa Capital, declared: « We are delighted to
welcome Alexandre in whom we place all our confidence to successfully fulfill his role as CFO of Activa
Capital. »

About Activa Capital
Activa Capital is a leading French mid-market private equity firm. Activa Capital manages over €500m
of private equity funds on behalf of a wide range of institutional investors. Activa Capital partners with
ambitious mid-sized French companies, valued at €20m to €200m, seeking to accelerate their growth
and their international footprint.
Learn more about Activa Capital at activacapital.com

Press contacts
Alexandre Masson Christophe Parier Christelle Piatto
Partner Partner Communications Manager
+33 1 43 12 50 12 +33 1 43 12 50 12 +33 1 43 12 50 12
alexandre.masson@activacapital.com christophe.parier@activacapital.com christelle.piatto@activacapital.com

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New leadership of Private Equity business

3I

3i Group plc (“3i” or “3i Group”) today announces a change to the leadership of its Private Equity business.

After 9 years, originally as Co-Head and subsequently Head of Private Equity, Alan Giddins, Managing Partner, has decided to step back from the leadership of the Private Equity team and will pass over this responsibility from 1 April 2019. Alan will remain a Partner in the Private Equity business until March 2020.

Pieter de Jong and Peter Wirtz will be appointed Co-Heads of the Private Equity business and will join 3i Group’s Executive and Investment Committees.

Pieter de Jong joined 3i in 2004 and is Partner, Managing Director of 3i Benelux, based in Amsterdam. He was a key member of the deal teams involved in Royal Sanders, Basic-Fit, Weener Plastics, Lampenwelt, Refresco and Action.

Peter Wirtz joined 3i in 1998 and was appointed Managing Director and Co-Head of Germany in May 2009, based in Frankfurt.  During his time at 3i, Peter has taken a leading role across a number of transactions including Lampenwelt, Scandlines, Amor and MWM.

Simon Borrows, 3i’s Chief Executive said:

“I would like to thank Alan for his tremendous contribution to 3i. Over the last 9 years, the Private Equity business has performed very well and generated exceptional cash returns for 3i and its fund investors.

“Pieter and Peter bring a wide range of complementary skills and experience across origination, execution and portfolio management and I look forward to working with them to continue developing our Private Equity business.”

 

-Ends-

Download this press release  

 

For further information, contact:

3i Group plc

Silvia Santoro
Investor enquiries
Tel: +44 20 7975 3258
Email: silvia.santoro@3i.com
Kathryn van der Kroft
Media enquiries
Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com

 

Notes to editors:

About 3i Group

3i is a leading international investment manager focused on mid-market private equity and infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com.

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Transportation Insight Appoints Rennie Faulkner as CEO

Gryphon Investors

Enterprise Logistics Provider’s Top Finance Executive Succeeds Retiring Leader

Hickory, NC – March 14, 2019 —Transportation Insight (or “the Company”), a North American leader in Enterprise Logistics, announces that Rennie Faulkner has been appointed Chief Executive Officer of the Transportation Insight Division of TI Holdco. He has served as Transportation Insight’s Chief Financial Officer since 2010 and will continue as TI Holdco’s CFO. Faulkner succeeds President and CEO Chris Baltz who will retire after more than 25 years in executive leadership positions in supply chain, logistics and transportation management. TI Holdco also acquired a majority interest in Nolan Transportation Group(“NTG”) in December 2018.

“With his experience as CFO for two publicly traded companies and his investment banking background, Rennie has brought a distinct set of skills to Transportation Insight over the past nine years,” says Transportation Insight Founder and TI Holdco Chairman Paul Thompson. “His finance and transaction expertise proved especially valuable as our level of M&A activity accelerated in 2014, and over the years he has built a deep understanding of all aspects of our business. I am excited that Rennie is now taking on the CEO role for this next chapter of our company’s growth.”

As Transportation Insight’s Chief Financial Officer, Faulkner has been a key member of the executive management team that has seen the Company’s gross revenue grow from $296 million in 2010 to $2.3 billion in 2018. During this growth phase, Faulkner’s responsibilities included significant involvement in multiple acquisitions as well as two private equity transactions, including the Company’s current partnership with San Francisco-based private equity firm Gryphon Investors that formed in 2018.

“I cannot think of a more exciting time to serve as Transportation Insight’s CEO. Our clients across multiple industries are recognizing that a modern, efficient supply chain is a competitive necessity. Our associates are making a difference in our clients’ businesses every day, and our team is energized by the opportunities ahead of us,” says Faulkner, whose executive responsibilities during his tenure have included Information Technology and Organizational Development in addition to financial leadership duties. “It has been a privilege to serve alongside Chris. His focused leadership has been a vital part of positioning our company as a true leader in the North American logistics marketplace.”

“During his nearly decade-long tenure, Chris has made a significant impact on Transportation Insight. From his initial role as Chief Strategy Officer to his six years as CEO, where he has led our company through tremendous growth and the completion of two private equity transactions, we’re grateful for Chris’s leadership and dedication to our customers and our associates,” Thompson says. “We wish Chris the best during his next phase of life, and we are delighted that Rennie has agreed to continue his proven leadership as we enter the next phase of Transportation Insight’s growth.”

“Over the past nine years, I have been blessed to be a part of some extraordinary work alongside an amazing team,” Baltz says. “Our deep, talented management team provides a great foundation for Transportation Insight’s future. These leaders and associates across the organization have established a reputation for excellence in this industry, and I’m looking forward to watching Rennie and this team continue the mission of growing Transportation Insight into the dominant provider of logistics services in North America.”

About Transportation Insight
Transportation Insight is a multi-modal, lead logistics provider with $3.9 billion in logistics spend under management, and operates as a division within TI Holdco. For nearly 20 years, the Enterprise Logistics Solutions Provider has partnered with manufacturers, retailers and distributors to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics® form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications, parcel technology platform (audit, engineering, advanced analytics) and business intelligence. Serving over 1,500 clients, its logistics services portfolio includes domestic transportation, e-commerce solutions, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials including secondary packaging. Headquartered in Hickory, NC, Transportation Insight has secondary operating centers in Atlanta, GA, Bentonville, AR, Boston, MA, Charlotte, NC, Omaha, NE, Overland Park, KS and Salt Lake City, UT; service centers in Canton, OH, Charlotte, NC and St. Louis, MO; and client support offices across North America. For more about Transportation Insight, visit www.transportationinsight.com.

Contacts

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HarbourVest Partners Expands Senior Team with Promotions to Managing Director, Principal, and Senior Vice President

Harvourvest

BOSTON– March 7, 2018 — HarbourVest Partners, a global private markets asset manager, today announced its 2019 promotions, including five new Managing Directors: Rich Campbell, Minjun Chung, Edward Holdsworth, Craig MacDonald, and Laura Thaxter; as well as eight new Principals and three Senior Vice Presidents. These promotions recognize team members whose expertise contributes to the success of HarbourVest and its clients across the Americas, Europe, and Asia Pacific

“It has long been our belief that our people are at the heart of our business and our greatest asset,” said Pete Wilson, Managing Director, HarbourVest. “We continue to develop talent and invest in our team to deliver the best possible results for our clients across our business and the regions in which we operate.”

In addition to the Managing Directors and Principals, this round of promotions also included 13 Vice Presidents.

Promotions to Managing Director, Principal, and Senior Vice President included:

MANAGING DIRECTORS
Rich Campbell
Minjun Chung
Edward Holdsworth
Craig MacDonald
Laura Thaxter

PRINCIPALS AND SENIOR VICE PRESIDENTS
Principals
Abuzar Anaswala
Emily Archer
Matt Cheng
Gonçalo Ferreira
Dominic Goh
Jackie Peradotto
Eric Simas
Martin Yung

Senior Vice Presidents
Aliza Firestone-Goren
Jason Frigiani
Dave Rule

For more information on the HarbourVest team, please visit:https://www.harbourvest.com/team.

ABOUT HARBOURVEST

HarbourVest is an independent, global private markets investment specialist with 36 years of experience and more than $58 billion in assets under management, as of December 31, 2018. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 500 employees, including more than 100 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $35 billion to newly-formed funds, completed over $19 billion in secondary purchases, and invested over $9 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.

CONTACTS

Andrew Hopkins
617-348-8372
AHopkins@Harbourvest.com

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