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Pennybacker adds real estate MD

Real assets investment manager Pennybacker Capital Management has appointed Jamie Pacala as Managing Director, Real Estate Investments. In his new role based in New York, Pacala will lead investments across the northeast and southeast regions of the US.

Astorg adds London partner and New York MD

European private equity firm Astorg has added Chris Benson as a London-based partner for its mid-cap fund and Daniel Pang as a New York-based managing director for its flagship fund within the healthcare team.

Morgan Lewis adds partner in New York

Global law firm Morgan Lewis has appointed Leonora Shalet as a global private investment funds partner, based in New York. In her new role, Shalet will advise investment funds and advisers on fund structuring, formation and ongoing operational needs.

Greenbrook promotes four and adds two

Greenbrook, a communications advisor to the investment industry specialising in private equity, private credit, hedge funds, debt restructuring and special situations, has added Cecilie Oerting as a director and Natasha Bragoli as a consultant.

CalPERS accelerates recruitment for private credit, PE, compliance

CalPERS, the $499.7bn California Public Employees’ Retirement System based in Sacramento, is looking to strengthen its private credit, private equity, and compliance and risk teams amid increased allocations and staffing challenges, according to a report by Pensions & Investments.

Chanel heir assembles team for luxury goods-focused PE venture

1686 Partners, the private equity firm launched last year by Chanel heir David Wertheimer, has added Andreas Ernst as a partner, Jonathan Farrugia as as PE investment director, Julien Erbrech as operations manager and Jeremie Lotti as head of partnership and strategy, according to a report by Bloomberg.

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