Private markets investor HarbourVest Partners is opening new offices in Seoul, South Korea and Tel Aviv, Israel, taking the firm’s global presence to nine locations around the world. The firm’s new locations in Seoul and Tel Aviv will be led by Principal Minjun Chung and Ilan Rosen, respectively.   Peter Wilson (pictured), Managing Director, HarbourVest Partners, says: “We are very pleased to announce our latest global offices in Seoul and Tel Aviv. These offices will enable us to expand on our long history and track record in both markets and broaden relationships with clients and investment partners on the ground.  

Private equity firm Monomoy Capital Partners has appointed Phil Arra as a Managing Director and the Head of Business Development. Arra will focus on sourcing Monomoy investments from corporate sellers, family owners, specialised intermediaries and other business owners. Arra has over 20 years of private equity and investment banking experience in the middle market. He joins Monomoy from Terra Verde Partners, a private investment firm focused on acquiring businesses in the environmental sector. Before founding Terra Verde, Mr. Arra was a Managing Director with Hunt Special Situations Group where he focused on corporate divestitures, restructuring and turnaround investments. Prior to

Värde Partners has announced senior management changes and the opening of new offices in New York, Tokyo and Sydney as part of a strategic plan to build out its global investing platform across a range of asset classes and liquidity profiles. Co-founder Marcia L. Page, currently co-CEO/CIO, will become Chairman, and George G. Hicks will remain as Värde Partners’ sole CEO/CIO, effective 1 January, 2016. Bradley P Bauer will remain President.   “Founded on the premise of unlocking incremental value from complex situations, Värde Partners has grown over the last 20 years to become a diverse and global investment adviser

LPEQ, the international association of listed private equity companies, has appointed Douwe Cosijn to succeed Andrea Lowe as Chief Executive Officer (CEO), with effect from 4 January 2016. Lowe has chosen to step down as CEO of LPEQ early in the New Year, following ten years at the association’s helm. Andrea founded LPEQ in 2006 with Ian Armitage, the former CEO of HgCapital.   Tim Spence, chairman of LPEQ’s board and Finance Director at Graphite Capital, says: “On behalf of the board and the whole membership, I would like to express our thanks to Andrea for her enormous contribution and

DMS Offshore Investment Services (DMS) has recruited Charles Cassidy, former Managing Director of the Business Risk Management Team at Cambridge Associates, to join the firm as a Director. Cassidy will play a key role in serving as an independent director and consultant on the boards of investment funds and related structures. He will also provide thought leadership to institutional investors and consultants through DMS roundtables and seminars, industry conferences, articles and proprietary research.   "Charlie's stellar record of achievement in hedge fund operations and directing operational innovations adds new dimension and will serve to enhance our client relationships in so

Demica, a provider of working capital solutions and financing partner to multinational companies, has appointed François Terrade as Head of Structuring, effective immediately. Terrade will be responsible for creating innovative financing solutions to secure optimum advance rates and the lowest cost of funds for Demica’s corporate clients by combining the best of traditional bank securitisation techniques with funding alternatives for non-bank investors. François is based in London.   Matt Wreford, Chief Executive Officer, Demica, says: “François’s proven track-record of business development and of leading cross-border teams stands him in good stead for his new role at Demica as we expand

American Capital has elected David G Richards to the firm’s board of directors, effective immediately.  He will become a member of the Board's Executive Committee and its Au

Texas-based private equity firm Teakwood Capital, has added hree executives to the firm’s team to support current and future portfolio growth. “The team at Teakwood is excited to have recruited such strong talent to work alongside us as we experience continued portfolio growth and plan for future investment opportunities,” says Shawn Kelly, Managing Director at Teakwood Capital. “Each of these individuals brings a different skillset and area of expertise to the table which will provide a powerful advantage and enduring value to our portfolio companies.”   With more than 20 years of banking experience, Stu Bell has been hired as

Elian has appointed an associate director with more than 10 years’ experience in auditing, banking and finance has been appointed to oversee the fund services team in the firm’s Hong Kong office. Kathy Cheng (pictured), who was educated in Australia and Hong Kong, brings extensive fund, alternative investment and auditing experience to the role. She joins Elian from Citibank NA, where she led an experienced team of fund accountants. Prior to this, Cheng held auditor positions with a bank and at big four accounting firms.   Graham Gurney, Chief Operating Officer of Elian in Hong Kong, says: ‘Kathy is a