Mark Wössner has been appointed principal senior adviser of Corestate, a Swiss private equity investor seated in Zug, Switzerland. He will counsel Corestate in the business areas of acquisition and restructuring of non-performing portfolios and loans.   “We are seeing a lot of portfolios who got into trouble due to misguided assumptions and poor management. Our job is to identify and remedy these issues. Mark Wössner will render decisive support in these efforts,” says Ralph Winter, founder of Corestate Capital. “He will benefit from his outstanding contacts in the banking and financial sectors.” Wössner was head of Bertelsmann, chairman of

Global private equity firm J.C. Flowers has strengthened its operations with two senior appointments to its London office.   Dr. David Morgan (pictured) has been appointed managing director, JCF Europe and Asia Pacific, and Sir Callum McCarthy has been appointed to the newly-created post of chairman, JCF Europe. Morgan, currently chairman of J.C. Flowers in Australia, will be responsible for JCF’s investment portfolio across Europe and Asia Pacific. Ravi Sinha, managing director at J.C. Flowers in London, will leave JCF. Morgan was chief executive of Westpac Banking, one of Australia’s largest financial services companies, between 1999 and 2008. Before joining

Resilience Capital Partners, a Cleveland, US-based private equity firm, has added Steven J. Demetriou as a member of its executive committee and its board of advisers. Since December 2004, Demetriou (pictured) has been the chairman of the board and chief executive officer of Aleris International, an international aluminum company, following the merger of Commonwealth Industries and Imco Recycling. Demetriou served as president and chief executive officer of Commonwealth from June 2004, and a director of Commonwealth from 2002 until the merger. He was president and chief executive officer of privately held Noveon, a global producer of chemicals for consumer and

Michael Brehm has joined Munich-based venture capital firm Target Partners as a venture partner. Brehm (pictured), formerly a managing director of Berlin-based VZnet Netzwerke, will strengthen the venture capital firm’s focus on start-ups and consumer internet. Brehm is also an active business angel, having invested in numerous companies since 2006. “One of my roles at Target Partners will be to help bring out the strong potential of European Internet startups,” says Brehm. “I am really looking forward to working with Target Partners, one of Germany’s most renowned early-stage investors.”   From 2006 to 2008, Brehm was a managing partner with

I2BF, an international cleantech focused investment management group, has appointed David Waserstein as director of investments. Waserstein joins I2BF from US-based private equity firm Hudson Clean Energy Partners. He was at Hudson from its inception and worked on the initial fund raise as well as several deals in wind, solar and biofuels.   Waserstein will take responsibility for I2BF’s current venture capital portfolio, as well as new investments and the structuring and raising of future VC funds.   I2BF’s team expansion is associated with its ambitious plans for launching two new funds to compliment its current offering: a second USD100m

Liber Capital, a private equity firm specialising in beverage industry investments, has appointed Art Friedman to its senior management team as managing director. Friedman was formerly president and chief executive officer of Gold Coast Distributors and has served on several industry advisory councils. "Art’s experience and expertise will be invaluable as we work with beverage industry companies to help them transform their businesses," says Keri Aivazis, founding member and managing director of Liber Capital. "Art led Gold Coast Distributors as they raised their status from a regional player to one of the top ten distributors in the country, and he

Future Capital Partners, the GBP6bn alternative investment boutique, has appointed Andrew Derrington to its business development team.  Derrington’s (pictured) role with FCP will primarily focus on building strong working relationships with both clients and intermediaries. FCP’s investment opportunities are available to investors through financial institutions, wealth managers, IFAs and accountants, and Derrington will help to further develop FCP’s network of these intermediaries. He will also play a significant role in business development and client liaison.   Derrington has over ten years’ experience within the investment arena, the last four of which has been spent within FCP’s specialist area of alternative

Heritage Capital, the merchant banking division of family-owned Banque Heritage of Switzerland, has appointed Klaus Henke as managing director of its financial institutions group advisory team. Henke (pictured) joins from Dresdner Kleinwort where he was responsible for cross-border mergers and acquisitions and equity capital markets origination.   Henke will be based in the London offices of Heritage Capital where he will report to Joseph Dryer and Peter Horbye, the firm’s founders and co-chief executive officers.   Dryer says: “In the current environment we see the financial sector as a source of enormous opportunity. Klaus is a valuable addition to head

TLG Capital has expanded its team by hiring Jamel Larbi from Merrill Lynch and Shaheryar Mian from Hewitt Associates. TLG Capital is a frontier markets entity aiming to deploy intelligent capital with ethical considerations. Both Larbi and Mian will report directly to Zain Latif, principal of TLG Capital.   Prior to joining TLG Capital, Larbi was part of the emerging markets capital markets team at Merrill Lynch in London. Larbi worked on transactions across corporates, financial institutions and sovereigns clients in Emerging Markets, notably Mena, Sub-Saharan Africa and Eastern Europe.   Mian joins from Hewitt Associates where he worked in