The Carlyle Group

GCM Grosvenor Expands Credit Team with Two New Hires

Retrieved on: 
Thursday, March 28, 2024

These strategic hires underscore GCM Grosvenor's commitment to providing world class credit investment solutions.

Key Points: 
  • These strategic hires underscore GCM Grosvenor's commitment to providing world class credit investment solutions.
  • GCM Grosvenor's credit team leverages its extensive expertise to invest across the entire credit liquidity spectrum in direct, fund, co-investment and secondary investments.
  • Before joining GCM Grosvenor, Ingles held senior positions at The Carlyle Group and PointState Capital, where he managed credit portfolios across various sectors.
  • "GCM Grosvenor is delighted to welcome Brandon Cahill and Scott Ingles to our credit team," said Fred Pollock, Chief Investment Officer of GCM Grosvenor.

Leste Group Appoints Four Executives to New Senior Team Roles

Retrieved on: 
Wednesday, March 27, 2024

Leste Group (“Leste”), a global alternative investment manager, today announced the appointment of four executives to its senior team to support the firm’s growing North America private equity and real estate credit strategies.

Key Points: 
  • Leste Group (“Leste”), a global alternative investment manager, today announced the appointment of four executives to its senior team to support the firm’s growing North America private equity and real estate credit strategies.
  • “Leste is continuing to prove itself as a strong platform for high performing leaders to join and build strategies from private equity to real estate, credit, and special situations,” said Emmanuel Hermann, CEO & Founder of Leste Group.
  • Mark Hong and Haaris Lali will be responsible for expanding the Net Lease and Credit strategies of the firm.
  • He also held multiple roles at The Carlyle Group, The Rock Creek Group, and Rock Maple Funds.

Brand Velocity Group Hires Daniel Hodges as Principal

Retrieved on: 
Monday, March 11, 2024

Brand Velocity Group (“BVG”), an innovative and diversified investment platform focused on acquiring and transforming businesses, today announced that Daniel Hodges has joined the firm as a Principal.

Key Points: 
  • Brand Velocity Group (“BVG”), an innovative and diversified investment platform focused on acquiring and transforming businesses, today announced that Daniel Hodges has joined the firm as a Principal.
  • Based in New York, Hodges will focus on sourcing and executing new investment opportunities, as well as working closely to enhance the value of BVG’s existing portfolio companies.
  • Hodges joins BVG from Alliance Consumer Growth (“ACG”) where he was a Principal responsible for deal sourcing and execution, and portfolio company oversight.
  • I look forward to collaborating with exceptional business owners who are looking for solutions beyond the typical private equity ‘playbook’,” said Hodges.

JLL Partners Announces Managing Director Promotions

Retrieved on: 
Monday, March 4, 2024

JLL Partners (“JLL” or the “Firm”), a New York-based middle market private equity firm focused on investing in businesses in the healthcare, aerospace and defense, and business services sectors, today announced the appointments of Vikas Mouli and James Shillito to the position of Managing Director.

Key Points: 
  • JLL Partners (“JLL” or the “Firm”), a New York-based middle market private equity firm focused on investing in businesses in the healthcare, aerospace and defense, and business services sectors, today announced the appointments of Vikas Mouli and James Shillito to the position of Managing Director.
  • Mr. Mouli joined JLL in 2017 as a Vice President focusing on healthcare investments and will continue to build on this expertise as a Managing Director.
  • Before joining JLL, Mr. Mouli worked in private equity serving as an Associate at TPG Growth.
  • Dan Agroskin, a Managing Partner at JLL said, “We are thrilled to announce the promotions of Vikas and James to Managing Director.

Small U.S. Paper Bag Suppliers Denounce Attempt by Dominant Industry Player to Corner Market via Trade Law

Retrieved on: 
Wednesday, February 28, 2024

Already the dominant player in the U.S. packaging industry, Novolex controls an estimated 75 percent of U.S. production of paper bags.

Key Points: 
  • Already the dominant player in the U.S. packaging industry, Novolex controls an estimated 75 percent of U.S. production of paper bags.
  • “Novolex is not a reliable supplier and refuses to meet the needs of small- and medium-sized businesses.
  • Meanwhile, the highly automated company’s hoped-for market gain from its trade ploy would come at the expense of lost jobs for hundreds of U.S. workers.
  • For more information on the Alliance for Responsible Trade in Paper Bags, contact George Felcyn at 202-828-1715 or [email protected] .

Leeds Equity Partners Announces Hiring of Emily Bernstein

Retrieved on: 
Friday, March 8, 2024

NEW YORK, March 8, 2024 /PRNewswire/ -- Leeds Equity Partners ("Leeds Equity"), the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced today that Emily Hyman Bernstein has joined the firm as a Vice President on its investment team.

Key Points: 
  • NEW YORK, March 8, 2024 /PRNewswire/ -- Leeds Equity Partners ("Leeds Equity"), the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced today that Emily Hyman Bernstein has joined the firm as a Vice President on its investment team.
  • "We could not be more excited to welcome Emily to our investment team and look forward to the significant contributions she will make to the firm," said Jacques Galante, Partner of Leeds Equity.
  • Ms. Bernstein joins Leeds Equity with over eight years of private equity and investment banking experience.
  • Most recently, Ms. Bernstein was a Vice President at The Carlyle Group, where she worked on private equity transactions across various industries including business services, consumer, and media.

Republic Capital Group Adds Two New Partners, Opens Palm Beach Location

Retrieved on: 
Thursday, March 7, 2024

I'm also excited to establish Republic's presence in Palm Beach, also known as Wall Street South."

Key Points: 
  • I'm also excited to establish Republic's presence in Palm Beach, also known as Wall Street South."
  • Prior to joining Republic, Mr. Reed planned, launched, and managed one of the fastest growing wealth management firms in the country, Dakota Wealth Management.
  • Mr. Reed will be opening Republic's new Palm Beach location and spearheading exciting initiatives for its growing company.
  • Their reputation is just phenomenal, and I am privileged to be a representative of Republic Capital Group."

Pritzker Military Museum & Library Host an Exclusive Book Talk with Admiral James Stavridis, Retired Supreme Allied Commander of NATO, Moderated by Margaret Hoover, PBS Television Host of Firing Line

Retrieved on: 
Thursday, February 29, 2024

CHICAGO, Feb. 29, 2024 /PRNewswire/ -- The Pritzker Military Museum & Library will host an exclusive in-person and live stream Book Talk Event with author, Admiral James Stavridis, retired Supreme Allied Commander of NATO, moderated by Margaret Hoover, PBS television host of Firing Line, to discuss the soon-to-be-released book, 2054.

Key Points: 
  • CHICAGO, Feb. 29, 2024 /PRNewswire/ -- The Pritzker Military Museum & Library will host an exclusive in-person and live stream Book Talk Event with author, Admiral James Stavridis, retired Supreme Allied Commander of NATO, moderated by Margaret Hoover, PBS television host of Firing Line, to discuss the soon-to-be-released book, 2054.
  • He also served as Commander of U.S. Southern Command, with responsibility for all military operations in Latin America from 2006-2009.
  • He earned more than 50 medals, including 28 from foreign nations in his 37-year military career.
  • Margaret Hoover is the host of PBS' Firing Line with Margaret Hoover, a public affairs, multi-platform program that engages in long-form interviews and a rigorous exchange of ideas with the guiding principle that civil discourse is a civic responsibility.

Jacob Homiller Appointed CEO of CarbiCrete

Retrieved on: 
Tuesday, February 27, 2024

MONTREAL, Feb. 27, 2024 /PRNewswire/ - CarbiCrete, a leading firm in the decarbonization of concrete, announced today that its Board of Directors has appointed Jacob Homiller as its new Chief Executive Officer.

Key Points: 
  • MONTREAL, Feb. 27, 2024 /PRNewswire/ - CarbiCrete, a leading firm in the decarbonization of concrete, announced today that its Board of Directors has appointed Jacob Homiller as its new Chief Executive Officer.
  • "I would like to thank Chris for his vision, hard work, and dedication in getting CarbiCrete to the stage it is at today.
  • Homiller brings years of experience in strategic and commercial leadership as well as operational execution to CarbiCrete.
  • "I am very excited to have joined CarbiCrete at such an important time in its growth," says Homiller.

PEI Group Unveils NEXUS 2024: The Premier Private Investment Summit

Retrieved on: 
Monday, February 12, 2024

NEW YORK, Feb. 12, 2024 /PRNewswire-PRWeb/ -- PEI Group, the leading source of intelligence for the private investment industry, is pleased to announce NEXUS 2024, the inaugural installment of an annual summit that aims to recast the conversation around and within private equity and connect limited partners responsible for more than $30 trillion with top-tier general partners.

Key Points: 
  • "With over 500 influential participants, including top investors, managers, and service providers in the asset class, NEXUS 2024 is a must-attend event for anyone in the private equity industry," said William O'Conor, PEI's U.S.
  • NEXUS 2024, which takes place March 6-8, 2024, in Orlando, Florida, is supported by three key industry publications published by PEI Group: Buyouts , the leading authority in U.S. mid-market private equity; PE Hub , the premium intelligence service covering private equity deal-making in North America, and Private Equity International , the only global publication with a primary focus on the relationship between private equity investors and fund managers.
  • The event is a natural extension of PEI Group's commitment to advancing the broad private equity community.
  • "2024 represents a pivotal year for private equity, and investors are at a critical juncture with respect to allocations and emerging opportunities.