The Isle of Man’s Department of Economic Development has appointed John Spellman as director of financial services with immediate effect. Colin Kniveton, chief executive officer of the Isle of Man’s Department of Economic Development, says: “John has worked with the department for a number of years in a special advisor
Alternative asset manager The Carlyle Group has appointed Joseph A Schenk, former Jefferies Group chief financial officer and most recently chief executive officer of First New York Securities, as an operating executive in the global financial services group. Schenk will provide strategic guidance to Carlyle professionals throughout the investment process,
Maples and Calder recently welcomed six new funds partners to its Cayman Islands office. Heidi de Vries, Julian Ashworth, Sheryl Dean, David Marshall, Philip Millward and Gwyneth Rees join associates Greg Barwick, Philip Dickinson, Patrick Head and Lucy Nicklas, who commenced employment in August. Tim Clipstone, a partner in the
Levine Leichtman Capital Partners (LLCP), a Los Angeles based private equity firm, has appointed Lee Stern as a managing director and dedicated member of the credit strategies investment team. Stern joins LLCP from Kohlberg, Kravis & Roberts (KKR), where he was a founding member of KKR’s private mezzanine fund. He
Franklin Square Capital Partners, a sponsor of alternative investment products, has hired John Towle as chief marketing officer. Towle will assume his role effective immediately. Towle comes to Franklin Square with 25 years of financial services industry experience. Most recently, he served as chief marketing officer for Resource Real Estate,
BlackRock has appointed James Wilkinson as European chief investment officer for the firm’s recently launched global real estate securities platform. With over 15 years of experience in investing in real estate, Wilkinson (pictured) will be responsible for building and leading an investment team for BlackRock’s real estate securities group in
Northern-based mid-market private equity firm NorthEdge Capital has appointed Phil Frame as senior investment executive based at the company’s Manchester office. Frame (pictured) was most recently assistant director at Altium Capital for three years and previously spent four years at KPMG after graduating from The University of Manchester. He will
Greenpark Capital has appointed Daniel Green as chief investment officer. The appointment marks the latest stage in Greenpark’s development as a mid-market secondaries firm. Greenpark last year won a mandate from the International Finance Corporation to collaborate on a new initiative focusing on private equity secondaries in emerging markets –
Avalon Lake Partners has appointed Harris Bogner, an attorney and compliance expert, to head its compliance services group. Bogner’s role at Avalon Lake Partners will be to work directly with clients to ensure they develop a strong understanding of their compliance obligations while providing them with practical, cost-effective solutions. Avalon
Bedell Cristin has appointed Valerie Georges-Thomas to head up the firm’s British Virgin Islands office. Georges-Thomas (pictured) was previously a partner at Appleby in the firm’s corporate and commercial practice group. Her appointment follows on from Bedell opening an office in Singapore in July, headed by BVI lawyer Stephen Adams.
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