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The following Big Move! items appeared in the September 11 free edition of Private Equity Career News
Big Move! Dale (Pescatore) O'Connell (pictured) joins the New York City office of buyout firm Investcorp as head of investor relations and fundraising-North America private equity, according to her Linkedin profile. O'Connell most recently served as managing director and head of investor relations and fundraising at New York City-based buyout firm Palladium Equity Partners.
Leon Brujis has taken his deal origination and executive talents to 65 Equity Partners, a growth equity firm with backing from Singapore sovereign wealth fund Temasek and with offices in Singapore, London and San Francisco.
As partner and head of East Coast, Brujis (pictured) appears to be launching a New York City outpost for the roughly 35-person 65 Equity Partners. We were unable to reach Brujis for comment.
Continue reading “Leon Brujis joins sovereign wealth fund-backed 65 Equity Partners”
One of the industry's highest-profile deal originators, Leon Brujis, has stepped down as partner at Palladium Equity Partners, where he has recently served on the boards of portfolio companies Daniel's Jewelers and Transforce Group.
Brujis (pictured) was recruited to the New York City-based firm in 2007 after working as an analyst at Lehman Brothers. He has focused much of his energy since then on originating deals, first in consumer products and then later in services. In an April 2021 interview with the publisher of Private Equity Career News, Brujis said that he had worked on 16 transactions since joining with a combined value of some $1.2 billion.
The executives often responsible for employee retention at PE firms have themselves been leaving in notable numbers these past few months.
Blue Wolf Capital Partners, GI Partners, Gryphon Investors, Madison Dearborn Partners and Palladium Equity Partners have all recently lost senior or mid-level talent and human resources professionals.
Palladium Equity Partners, known for its diverse payroll and taste for acquiring family-run companies, has absorbed the senior team from independent sponsor Hilltop Private Capital, Private Equity Career News has learned.
Joining an investment platform called Palladium Heritage is Kate Lehman (pictured), co-founder and managing partner in the New York City office of Hilltop Private Capital. She's joined by Managing Director Ed Moss, a business development specialist who served as partner at Hilltop Private Capital from a Los Angeles office.
Fresh on the heels of closing a $1.56 billion fund, New York City-based Palladium Equity Partners is "opportunistically" looking to hire a mid-level professional--a senior associate, vice president or principal, according to Dale Pescatore, vice president.
Candidates with expertise in health care, services or industrials--three of Palladium Equity's target industries--would be particularly desirable. The 22-year-old firm, which acquires family-run, mid-sized businesses, many of them serving the Hispanic population, also values employees with a variety of backgrounds.