Charlesbank, Beach Point hire senior talent execs

Buyout firm Charlesbank Capital Partners and credit shopBeach Point Capital  Management have hired new senior talent executives, the latest moves by PE firms to strengthen their talent leadership ranks. Both firms employ teams of more than 160 people.

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Tally of diverse firms in United States soars toward 1,000

The number of women and minority-owned private equity and venture capital firms in the United States has grown rapidly in recent years, to more than 900.

Still, they tend to have subdued fundraising ambitions compared with the larger market. They seek just 6 percent of the total pool of money targeted by all PE and VC firms.

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San Francisco pension seeks private credit manager as similar openings proliferate elsewhere

The San Francisco Employees’ Retirement System has opened a search for a senior portfolio manager of private credit as it expands its private credit portfolio.

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Big Moves: Hunter Point Capital, AEA Investors, Blue Wolf Capital

The following Big Move! items appeared in the March 15 edition of Private Equity Career News:

Conway Bate advances to global head of capital formation at New York City-based GP stakes investor Hunter Point Capital, according to her Linkedin profile. Bate joined the firm in 2022 after serving as managing director at buyout firm Onex.

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Big Moves: Arsenal Capital, GenNx360 Capital, CD&R

The following Big Move items appeared in the March 8 free edition of Private Equity Career News:

Dimitris Agrafiotis joins New York City-based buyout firm Arsenal Capital Partners as partner and director, according to his Linkedin profile. Agrafiotis previously served as chief digital officer at Generate Biomedicines.

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Madison Dearborn drops TMT investing; two executives depart: Corrected

Madison Dearborn Partners has stopped investing in telecom, media and technology services, and two members of the team leading the sector have left the firm. They are Managing Directors and Co-heads of TMT services Zaid Alsikafi and Scott Pasquini.

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UN pension fund seeks officers for PE, real assets, real estate

The United Nations Joint Staff Pension Fund is looking to fill several alternative investment positions as it ramps up its private market allocations throughout 2024.

According to new job listings, the retirement fund is looking to add three investment officers with expertise in private equity, real assets and real estate.

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General Atlantic loses talent executive; opens search for another

General Atlantic’s head of global talent acquisition, Kristen DiStasio, has left the New York City-based growth equity firm, whose headcount has nearly doubled to 588 over the last half dozen years.

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Big Moves: Zeta Consulting, AIMCo, HighPost Capital

The following Big Move items ran in the March 1, 2024 edition of Private Equity Career News

Eiffat Karp joins executive search firm Zeta Consulting as director, partner relations, where she will work on client relations and related initiatives. Prior to joining the firm Karp served as talent acquisition partner at Lake Jackson, Texas-based executive search firm Trio Search. Email Eiffat Karp.

David Scudellari, senior executive managing director and head of international investment, joins the just-opened New York City office Canadian pension fund manager AIMCo. That’s according to a press release, which notes the firm employs more than 200 investment professionals in Edmonton, Calgary, Toronto, London, Luxembourg, New York City and Singapore.

Jay Steinle  joins West Palm Beach-based, consumer-focused buyout firm HighPost Capital as a managing director and head of investor relations, according to a press release. Steinle most recently served as partner-investor relations at Atlantic Street Capital.

Wave of retirements, career breaks hits PE industry

Changes in the senior leadership of several PE firms are under way as professionals go into retirement, take career breaks, or step into advisory roles.

Executives have retired or changed roles in recent months at such firms as Arsenal Capital Partners, Harren Equity Partners, NEPC, Madison Dearborn Partners, Partners Group and TriSpan.

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