Avista Capital Partners (Avista), a private equity firm focused exclusively on healthcare, has appointed Steve Schiess and William E Klitgaard to the firm’s operating executive team. As Operating Executives, Schiess and Klitgaard, who bring decades of experience in the healthcare industry, will play active roles in sourcing investment opportunities and building, growing and transforming Avista’s healthcare investments. Building off his successful career in the dental industry, Schiess will focus on investment opportunities and businesses in the Medical Devices & Technologies sub-sector. On the heels of Avista’s recent investment in the Healthcare Information Technology (“HCIT”) space, XIFIN, Klitgaard will focus on HCIT and Outsourced

Keensight Capital, a private equity manager dedicated to pan-European growth buyout investments, has appointed Stéphane Jamin as a Director.Jamin benefits from 10 years of experience both in the industry and in strategic consulting. Alongside the investment team, he will support portfolio company managers in the fields of operational excellence, commercial strategy, organisation, internationalisation, and more broadly will help them create value through profitable growth.  Prior to joining Keensight Capital, Jamin was a Manager at Kearney where he advised executive committees and led strategy and transformation projects for leading international players and medium-sized companies with a focus on healthcare, manufacturing, and

Michael Newton, Head of Institutional Client Operations at Crestbirdge, will move to Luxembourg to support the growth of the company’s Fund Services team.As Head of Institutional Client Operations, Newton is part of Crestbridge’s senior leadership team. His role has been extended so he is also responsible for growing the fund services offering from Luxembourg, where he will spend four days a week with the remaining time in Jersey, to support the firm’s growing, global fund client base. Newton will continue to oversee client facing activities within the Group’s fund, real estate and corporate services teams with a view to ensuring

Middle-market private equity firm Levine Leichtman Capital Partners (LLCP) has implemented a management succession plan designed to ensure LLCP’s longevity and continued success. Matthew Frankel and Michael Weinberg have been promoted to Managing Partners, responsible for LLCP’s global investment activities, including deal origination, sector strategy and portfolio management. Andrew Schwartz, a LLCP Partner, will also have an active role in managing the activities of the investment team.    Stephen Hogan and David Wolmer have been promoted to Executive Officers of LLCP’s management company, responsible for managing all day-to-day operations and global business affairs. Mr. Hogan has been promoted to President and

Peak Rock Capital (Peak Rock), a middle‐market private investment firm, has appointed Nicholas Basso as a Managing Director focused on credit investments. Basso will help to lead Peak Rock’s investments across corporate credit and grow the firm’s credit franchise. Peak Rock’s credit platform focuses on creative debt financings that require speed and certainty of execution.    Basso joins from Oaktree Capital Management, where he most recently served as a Managing Director in the Strategic Credit Group. He has led more than a billion dollars of investments in private credit, in addition to investing in various types of secondary opportunities.  While at Oaktree, he helped