Leadership

Edison Partners Appoints Patrick O’Keefe As An Operating Partner

By Amit Chowdhry ● Mar 25, 2024

Growth equity investment firm Edison Partners announced the appointment of veteran healthcare executive Patrick O’Keefe as an Operating Partner. This will strengthen the firm’s Edison Edge value creation platform.

Pantheon: Kathryn Leaf Becoming CEO In 2025

By Amit Chowdhry ● Mar 25, 2024

Pantheon (a leading specialist global private markets investor) announced that Kathryn Leaf will become CEO. This move reflects the ongoing evolution of the firm’s leadership structure and the increasing scale of its global business. Leaf will succeed Paul Ward, who will become Executive Chairman following a successful decade-plus tenure heading Pantheon through substantial growth and expansion. The transition will be effective from January 1, 2025, subject to regulatory approval.

Schroders Capital Names Ingo Heinen As Global Head of Business Development and Product

By Amit Chowdhry ● Mar 25, 2024

Schroders Capital - a specialist private markets division of the Schroders Group - announced the appointment of Ingo Heinen as the Global Head of Business Development and Product.

Raymond James: CFO Paul Shoukry Appointed As President And CEO Successor

By Amit Chowdhry ● Mar 21, 2024

The Raymond James Financial Board of Directors announced that effective immediately, CFO Paul Shoukry has been appointed president of Raymond James Financial as part of its multi-year succession planning process. Following a transition period, he is expected to become the firm’s CEO sometime during fiscal 2025.

MacKenzie Scott Donating $640 Million To 361 Nonprofits

By Amit Chowdhry ● Mar 20, 2024

Philanthropist and author MacKenzie Scott will donate $640 million to 361 nonprofits through Yield Giving. On March 19, 2024, Yield Giving and Lever for Change announced the 361 awardees after conducting an Open Call for community-led and community-focused organizations that elevates the voices and opportunities of individuals and families of meager or modest means.

McGraw Hill Names Bob Sallmann As CFO And David Cortese As Chief Digital Information Officer

By Amit Chowdhry ● Mar 20, 2024

McGraw Hill has announced the appointment of two new executives to its senior leadership team. Bob Sallmann will join McGraw Hill as Chief Financial Officer on April 15th, overseeing the company's global financial strategy. David Cortese will join McGraw Hill on April 8th for a newly created Chief Digital Information Officer role, overseeing the company's digital platform development, information technology, and data analytics.

Microsoft AI: A New Organization Being Headed By Inflection AI’s Co-Founders

By Amit Chowdhry ● Mar 20, 2024

Microsoft CEO Satya Nadella announced the company has hired some of the team members behind Inflection AI—including co-founders Mustafa Suleyman and Karén Simonyan—to form a new organization called Microsoft AI. Suleyman is also known as a co-founder of DeepMind, a company that Google acquired in 2014 to ramp up the search giant’s AI team.

Silver Creek Capital Names Michael Callahan As Managing Director Of Business Development

By Amit Chowdhry ● Mar 20, 2024

Silver Creek Capital Management - an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally - announced that Michael Callahan has joined the firm as Managing Director, Business Development. Callahan will be responsible for developing and executing a range of growth initiatives on a global basis and expanding the firm’s institutional investor relationships. Plus, he most recently served as a managing director at Investcorp, focusing on institutional capital raising for the global credit business.

Princeton Equity Group: Jeremy Wright Named As Operating Partner

By Amit Chowdhry ● Mar 20, 2024

Princeton Equity Group - a private equity firm focused on franchise and multi-unit companies - announced that Jeremy Wright has joined as an Operating Partner.  Wright’s responsibilities will include providing tactical support to the firm's portfolio companies, partnering with management teams to drive strategic and operational initiatives, and helping institutionalize the operating resources that Princeton brings to each investment.

Summit Partners Reveals Promotions And Addition Within Investment Team

By Amit Chowdhry ● Mar 20, 2024

Leading alternative investment firm Summit Partners announced the promotion of three professionals and adding one new Principal in the firm’s global offices. Yoon Lee was promoted to Partner, and Hanyin Cheng and Cody Lee were promoted to Principal. And Ryan McDonald has joined the firm’s Healthcare & Life Sciences team as a Principal.

Caprock Brings In $2.2 Billion Grey Street Capital Team

By Amit Chowdhry ● Mar 20, 2024

Caprock - a leading multi-family office Registered Investment Advisor (RIA) serving ultra-high-net-worth clients - announced the acquisition of Grey Street Capital. Grey Street Capital is a Chicago-based boutique advisory firm with $2.2 billion in client assets.

Nextracker Names Chuck Boynton As New CFO

By Amit Chowdhry ● Mar 18, 2024

Nextracker—a leader of intelligent solar trackers and software solutions—announced the appointment of Charles “Chuck” Boynton as Chief Financial Officer (CFO), effective after he completes his tenure with his current employer, which is expected in May 2024.

Genstar Capital: Matt McCabe And Dominic Martellaro Promoted To Director

By Amit Chowdhry ● Mar 18, 2024

Private equity firm Genstar Capital announced the promotions of Matt McCabe and Dominic Martellaro to Director.

monday.com: Petra Jenner Appointed To Board of Directors

By Amit Chowdhry ● Mar 18, 2024

monday.com - a work operating system (Work OS) used by organizations to create the tools and processes they need for managing all aspects of work - announced the appointment of Petra Jenner to its Board of Directors, effective April 1, 2024.

BlackLine: Camille Drummond Joins Board of Directors

By Amit Chowdhry ● Mar 18, 2024

BlackLine announced that Camille Drummond has joined its board of directors, effective March 15th, 2024. Drummond will tap into her 36 years of leading finance and global business process services at oil, gas, and energy leader bp to support BlackLine's growth trajectory, help extend market leadership, and elevate its position within the Office of the CFO.

Strategic Value Partners Names Mike Ungari As Head of Real Estate

By Amit Chowdhry ● Mar 17, 2024

Strategic Value Partners - a global alternative investment firm focused on opportunistic credit opportunities with over $18 billion of assets under management - announced the appointment of Mike Ungari as Head of Real Estate to lead the firm's global real estate business and portfolio. Ungari will also serve on SVP's Management Council and Investment Committee.

LPL: 7 Financial Advisors Serving About $700 Million In Assets Join

By Amit Chowdhry ● Mar 16, 2024

LPL Financial announced that seven financial advisors from five firms joined its broker-dealer, RIA, and custodial platforms. Collectively, they reported serving about $700 million in advisory, brokerage, and retirement plan assets. They joined LPL from Osaic.

Merit Financial Advisors Brings In $542+ Million Viren And Associates Team

By Amit Chowdhry ● Mar 16, 2024

Merit Financial Advisors, a Georgia-based financial advisory firm focusing on financial planning and wealth management solutions for high-net-worth individuals, families, and those navigating life transitions, announced it has acquired Viren and Associates.

Hertz Names Gil West As CEO

By Amit Chowdhry ● Mar 16, 2024

Leading global rental car company Hertz Global Holdings announced that Gil West, former Chief Operating Officer of Delta Airlines and GM's Cruise unit, will become CEO effective April 1, 2024, when he will join the Board. West will succeed Stephen Scherr, who decided to step down as CEO and member of the Board of Directors on March 31, 2024. West and Scherr will work together to make the transition smooth.

Hunter Point Announces New Global Head Of Capital Formation And CIO

By Amit Chowdhry ● Mar 15, 2024

Leading independent investment firm Hunter Point Capital (HPC) announced that Conway Bate and Melvin Hibberd have been promoted to Global Head of Capital Formation and Chief Investment Officer, respectively.

J.P. Morgan Asset Management Hires Jon Maier As Chief ETF Strategist

By Amit Chowdhry ● Mar 14, 2024

J.P. Morgan Asset Management announced that Jon Maier will join as Chief ETF Strategist, effective March 18. In this role, Maier will oversee ETF Insights, a global program of actionable thought leadership and resources focused on ETFs.

LPL Financial: $345 Million Asset Manager Brian Pflaum Joining As Advisor

By Amit Chowdhry ● Mar 14, 2024

LPL Financial announced that financial advisor Brian Pflaum, MBA has joined LPL Financial’s broker-dealer, RIA, and custodial platforms. Pflaum reported serving about $345 million in advisory, brokerage and retirement plan assets and joins LPL Financial from Lincoln Financial Advisors.

Chickasaw Nation Names Curt Crofford As Head Of Pennington Creek Capital

By Amit Chowdhry ● Mar 14, 2024

The Chickasaw Nation announced the establishment of Pennington Creek Capital - a wholly owned private capital investment subsidiary of Sovereign Native Holdco - with plans to set up an investment office in Dallas, Texas, led by long-time Hicks Equity Partners Managing Director Curt Crofford.

Pet Resort Hospitality Group Names Jason Duffy As CEO

By Amit Chowdhry ● Mar 14, 2024

The Board of Directors of pet services industry leader Pet Resort Hospitality Group (PRHG) announced that it has appointed Jason Duffy to serve as Chief Executive Officer (CEO).

Equinix Names Google Cloud Executive Adaire Fox-Martin As Next CEO

By Amit Chowdhry ● Mar 13, 2024

Digital infrastructure company Equinix announced a planned leadership transition effective late second quarter of 2024 when the current President and CEO Charles Meyers will transition to the role of Executive Chairman, and Google Cloud Go-to-Market President Adaire Fox-Martin will start serving as Equinix President and CEO. Peter Van Camp - currently the Executive Chairman - will step away from his formal responsibilities as a Board member to take the role of Special Advisor to the Board.

Rede Partners Hires Riccardo Villa From Lazard As Head Of Strategic Capital Advisory

By Amit Chowdhry ● Mar 13, 2024

Rede Partners announced it appointed Riccardo Villa to the newly created Head of Strategic Capital Advisory role. Villa joins Rede with 20 years of experience from Lazard to deepen the firm's capabilities in supporting clients in building their franchises through accessing capital at the portfolio and corporate levels.

Osaic Brings In $210 Million Latitude Wealth Advisors Team

By Amit Chowdhry ● Mar 12, 2024

Osaic - one of the largest providers of wealth management services in the nation - announced the addition of Latitude Wealth Advisors, a wealth management firm based in Hauppauge, New York. Latitude works with hundreds of families and businesses, representing $210 million in total client assets. The firm was previously affiliated with Ameriprise Financial and joined Osaic through Affiliated Advisors, one of Osaic's largest enterprise offices of supervisory jurisdiction (OSJs).

3M Names Bill Brown As New CEO

By Amit Chowdhry ● Mar 12, 2024

3M announced that William M. "Bill" Brown is appointed chief executive officer, effective May 1, 2024. Brown succeeds Michael Roman, who is being appointed to the role of Executive Chairman of the 3M Board of Directors, also effective May 1, 2024.

Blue Wolf Capital: David Hecht Named As Operating Partner

By Amit Chowdhry ● Mar 12, 2024

Blue Wolf Capital Partners, a middle-market private equity firm specializing in the industrial and healthcare sectors, announced that David Hecht will join the firm as an operating partner. At the firm, Hecht will specialize in healthcare investments.

Houlihan Lokey: Brent Shepherd Named As Managing Director Of Capital Markets Group

By Amit Chowdhry ● Mar 12, 2024

Global investment bank Houlihan Lokey announced that Brent Shepherd has joined the firm as a Managing Director in its Capital Markets Group. Based out of Chicago, Shepherd will co-lead the firm’s Healthcare Capital Markets efforts along with Managing Director Neha Shah.