People
Cayman Finance Chairman Anthony Travers, OBE has stepped down from his post after two years in office.
According to Cayman Finance, Travers want to spend more time attending to his other business ventures and with his family. During this transitional period, the remaining board members will share directional responsibilities, and an interim Chairman is expected to be announced imminently. Further announcements will be made in due course.
“I was asked to take on the role at a time when our public relations were at a low ebb," says Travers. "At the time the UK and US Governments were extremely hostile to the Cayman
Serge Adam has joined Highbridge Principal Strategies (HPS) as a Managing Director. Adam joins HPS after ten years at Sandell Asset Management, where he most recently was a senior managing director and portfolio manager for its credit business. He will share responsibility for managing the HPS public credit business with HPS Managing Director Purnima Puri.
“Serge is an exciting appointment to an already-strong team built by Purnima,” says Scott Kapnick (pictured), CEO of Highbridge Principal Strategies. “Serge’s experience managing complex hedged credit portfolios will be incredibly valuable as we take advantage of attractive opportunities in the credit markets, continue
International law firm Mourant Ozannes has boosted its highly-ranked Cayman investment funds team with the recruitment of Simon Palmer, Robert Duggan and Caroline Spottiswoode.
Palmer is a leading practitioner in the field of offshore investment funds, with over 14 years’ experience of Cayman Islands law. He joins Mourant Ozannes as a Partner from Maples and Calder, where he was a Partner for seven years. Simon has extensive experience of corporate and commercial law. His practice focuses on hedge funds, private equity funds and funds of funds (including distressed funds, fund restructuring and corporate governance issues), asset and structured financing and capital
Antin Infrastructure Partners has appointed Angelika Schöchlin as Partner and promoted Guillaume Friedel to Vice President.
Prior to joining Antin Infrastructure Partners, Schöchlin worked at Terra Firma as a Director based in Frankfurt. Angelika has over 12 years of experience in principal investing (including infrastructure) and corporate finance.
Alain Rauscher, Chief Executive Officer and Managing Partner, says: “I am delighted to announce the arrival of Angelika, which further strengthens our investment and asset management capacity. Following the successful closing of the Fund last September, Antin IP is focusing on delivering value creative transactions to our investors and Angelika’s
Growth Capital Partners (GCP) has hired Francesco Santinon as a partner and Graham Dewhirst as advisory partner who will also take a seat on the board and investment committee. Santinon joins from Spirit Capital where he was founder and managing partner, while Dewhirst was formerly a partner and head of investor relations at Bridgepoint.
Previously Santinon worked for Close Brothers Private Equity (now CBPE) and also in corporate finance at PWC. He brings with him a strong track record and 14 years experience of investing in GCP’s target areas.
Dewhirst has nearly 30 years of private equity experience. In his role
The Guernsey and Jersey governments have announced that the current British Ambassador to Bulgaria, Steve Williams, will be heading up the islands’ new joint office in Brussels.
Williams will take on the role of Director of European Affairs at the Channel Islands’ Brussels Office on Monday 4 April 2011. He will be Guernsey and Jersey’s senior representative in Brussels, leading efforts to develop the islands’ influence, while advising the respective governments on European and international matters.
Guernsey’s Chief Minister, Lyndon Trott, says: "I am delighted with the appointment of our new Director. His experience and track record are of an
Providence Equity Partners, a private equity investment firm specialising in media, entertainment, communications and information companies, has appointed Steven W Alesio as a Senior Advisor. He will work with Providence on new investment opportunities and certain of the firm’s existing investments, including CDW, Study Group and Ascend Learning, where he currently serves on the Board of Directors.
Alesio most recently served as Chairman and CEO of Dun & Bradstreet (D&B). He retired from D&B in July 2010 after nearly 10 years at the company. Prior to D&B, Alesio was with American Express for approximately nineteen years, working in a variety
Alvarez & Marsal has expanded its Midwest presence with the addition of Riddhish Dubal as a managing director. Dubal, who will be based in Chicago and Detroit, brings over 17 years of private equity and corporate experience working with companies across multiple sectors with a particular focus on the automotive and transportation industry.
Dubal’s holistic approach improves clients’ ability to identify and evaluate investments and acquisitions, exit strategies, separation planning and asset disposal, as well as performance and profit improvement and operations management throughout the full lifecycle of a business.
“In the face of one of the most transformative times
LLR Partners, a leading middle market private equity firm with more than USD1.4 billion under management, has announced four additions to the firm. Jack Slye joins LLR as a Vice President, Irene Lisyansky and Brian Berkin come on as Senior Associates, and Scott Williams will serve as a Senior Analyst.
“We are very fortunate to continue to attract experienced, bright talent to the LLR team,” says Mitchell Hollin (pictured), Partner at LLR Partners. “Most importantly, our new colleagues will add to the collaborative culture we have created. As our investment activity increases, we are eager to capitalize on their knowledge
Thames River has strengthened its property team with the appointment of Raymond Lahaut as manager of the Longstone long/short real estate equity fund.
Since its launch in November 2007, Longstone has grown by 23.65% (figures from 30.11.07 to 31.12.10, for euro share class), a period in which the Dow Jones Credit Suisse Long/Short Equity Hedge Fund Index rose by only 3.7% and EPRA, an index of European listed real estate securities, fell by 32.4%.
Lahaut has been managing portfolios of property securities since 1999, first with Insinger de Beaufort and later at Ohra Asset Management (part of the
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