Month: April 2021

Datavest Partners, co-founded by executives from H.I.G. Capital and Comvest Partners, and seeking $400 million for a debut fund earmarked for e-commerce and digital marketing companies, seeks a private equity associate to join the firm.

That's according to a recruitment ad posted by the Fort Lauderdale, Florida-based firm on the job board of the Women's Association of Venture & Equity.

Eric Shields is listed as the contact on the ad, suggesting a significant role at the firm. However, his Linkedin profile still gives his position as a vice president at Comvest Partners. Shields was listed on the Comvest Partners team page as of January 18, but he has since been removed.

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Fundraising Round-up, Preview of April 23 Edition of Private Equity Career News

**** Kainos Capital Partners, a food and consumer sector-focused buyout shop based in Dallas Texas, and owner of Nutrisystem, hits the market to raise a third fund with help from New York City-based placement agent Lazard Freres & Co, according to a regulatory filing. The firm closed its second fund at $895 million in late 2016. It lists 24 professionals on its team page, including the recently added Alex Stanek, senior associate of supply chain. Try Managing Partner Andrew Rosen.

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Amanda Fulmor Good has joined buyout shop Searchlight Capital Partners as partner and head of global value creation, responsible for improving the performance of such well-known holdings as Cengage Learning, Rackspace, and Univision.

Previously a partner at London-based buyout shop HgCapital, New York City-based Good (pictured) immediately marks herself as a force to watch in the U.S. private equity market. Not only is she a female partner in an industry that has too few women partners. She's also leading a trend in which more and more buyout firms are hiring teams of consultants and operators dedicated to value creation.

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Fundraising Round-up, Preview of April 16 Edition of Private Equity Career News

**** New York City-based AUA Private Equity, which backs companies serving the Hispanic population, and which has close ties to Goya Foods, secures $310.8 million for a second fund, with help from placement agents Atlantic-Pacific Capital of Stamford, Connecticut and Probitas Fund Group of San Francisco. That's according to a regulatory filing. Try Managing Partner Andy Unanue.

**** New York City-based The Firmament Group, a provider of debt and equity to small and medium-sized companies, raises $130.5 million from 27 investors for Firmament Capital Partners SBIC III LP, according to a regulatory filing. Elm Capital Associates Ltd of London pitched in on sales. Try Allie Reitman, head of administration and people.

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