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San Francisco-based private equity firm Aldaron, co-founded by William Ernst Oberndorf and Evan Christian Mendez, is out raising money for a debut fund.
That's according to a regulatory form for the Aldaron Fund I-A and I-B funds filed late last month by Aldaron Management. No target amount was listed for the funds. The current gross asset values of the two funds total more than $27 million, according to a Form ADV.
Sung H. Ko, a fundraising expert who recently served as managing director of Carlyle Asia, has left Washington DC-based Carlyle Group after nearly 11 years to launch a new venture.
Zeynep Korur, who held family office fundraising roles at blue-chip asset managers Carlyle Group and Goldman Sachs, has launched a boutique placement agency.
New York City-based GPX Partners, formed in July, provides fundraising, financial advisory and private capital formation services. Specifically, it works with sponsors, founders and business owners to raise money for funds, growth investments, co-investments, GP solutions, joint ventures and other ventures.
The Carlyle Group has hired the former global head of campus recruiting and diversity recruiting at Goldman Sachs to be a managing director of human capital management.
In his new position Omer Tanvir will focus on the operational and tech side of talent management, rather than recruiting. Still, his knowledge of campus recruiting methods could come in handy.
Continue reading “Ex-Goldman Sachs campus recruiter joins Carlyle Group”
With its portfolio of aerospace, defense and government portfolio companies and close ties to government, few PE firms have as much to lose as Washington-based Carlyle Group by antagonizing the anti-DEI administration of President Donald Trump.
Yet late last year Carlyle Group promoted then-DEI Vice President ‘Iolani Bullock to head of diversity and inclusion. Bullock joined in 2020 as an associate vice president of DEI, after working at Georgetown University’s McDonough School of Business as director of MBA admissions, diversity & inclusion and partnerships.
Canal Road Group, a private credit fund manager launched last year by the co-founders of CBAM Partners, bought in 2022 by Carlyle Group for an eye-popping sum, is out raising money for a debut fund.
Led by Co-Chief Executive Officers Mike Damaso and Don Young, the Miami-based firm filed a regulatory form this month for its Canal Road Private Credit Fund LP. No offering amount was listed, and we were unable to reach executives to talk about fundraising or hiring. However, their track record suggests we may witness a rapid ramp-up in both.
The following Big Move! items appeared in the May 17 free edition of Private Equity Career News.
Scott Chan has been tapped to serve as chief investment officer of the country's second largest pension fund, the California State Teachers' Retirement System. Since 2018 Chan has served as deputy chief investment officer under Christopher Ailman, who is retiring as CIO.
The folllowing Big Move! items appeared in the February 23 edition of Private Equity Career News:
Parsram Dhanraj joins the New York City office of placement agent Probitas Partners as a managing director, according to his Linkedin profile. Dhanraj previously served as a managing director at Investcorp.
The following Big Move! items appeared in the February 9 free edition of Private Equity Career News
Rene Benedetto joins Washington DC-based buyout firm Carlyle Group as a managing director working remotely from Austin, Texas, according to her Linkedin profile. Benedetto previously served as managing director at private equity, credit and real estate firm Certares Management, where she worked on such investments as Avia Solutions Group, Pyramid Global Hospitality and Tripadvisor.
Industrial and services-focused Cross Rapids Capital, founded by executives who moved from Advent International, Carlyle Group and Centerbridge Partners, is raising money for a debut buyout fund.
The New York City-based firm’s managing partner, Kyle Cruz, filed a regulatory form in late December for Cross Rapids Capital Partners I LP fund. No target was listed, although the firm's plan to invest $40 million to $125 million per deal suggests a substantial target.