Tag: private equity career

Tech shop seeks two to five mid to senior-level pros

Software investor Luminate Capital Partners is looking to hire two to five mid to senior-level investment professionals.

In an interview this week Founder and Managing Partner Hollie Haynes said that the firm added two investment professionals to its investment roster this year, both women, and that the firm encourages women and minorities to apply for the additional open spots.

Luminate Capital Partners has seven investment professionals, including Haynes, a partner, two senior associates and three associates. Its CFO is Kate Scott.

Haynes founded San Francisco-based Luminate Capital Partners more than five years . . .

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Adams Street Partners, Boeing alumni team to form new advisory shop

Four ex-executives of funds-of-funds pioneer Adams Street Partners and the former director of private equity at Boeing Company have teamed up to back U.S. venture capital and growth equity funds. The five are founding partners of Chicago-based Fairway Capital Management.

The four founders from Adams Street Partners are Lauren Bozzelli, former partner of client service and corporate and fund accounting; Kevin Callahan, former chief operating officer; Tom Gladden, former partner on the primary investment team; and Kathy Wanner, former partner and manager of the U.S. primary investment team. Laura Milligan (pictured) spent nearly six years at Boeing, most recently serving as director of private equity. She left in October, according to her Linkedin profile.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Golden Gate Capital loses at least five mid-level investment pros

Golden Gate Capital, the 20-year-old firm known for its evergreen pool earmarked for investments in consumer products, financial services, industrials and technology, has lost at least five mid-level investment professionals in recent weeks.

No longer working at the San Francisco-based shop, which manages more than $15 billion in committed capital for investors:

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Matt Gullen re-joins H.I.G. Capital as managing director in Miami office after stint at Comvest Partners

The global pandemic has largely shut down senior hiring.

But H.I.G. Capital found a way around the impracticality of holding in-person interviews, giving office tours, and wooing candidates and their spouses with fancy dinners. It hired someone it already knew--Matt Gullen, who spent more than nine years at the firm from 2007 to 2016 before leaving as a principal to become a partner at Comvest Partners.

As a new managing director in the Miami office, Gullen takes responsibility for finding and executing on both platform and add-on acquisitions in business services, chemicals, telecommunications and manufacturing. Before leaving H.I.G. Capital in 2016 Gullen had served on the boards of several H.I.G. Capital portfolio companies. They include Cornerstone Chemical Company, Lexmark Carpet Mills and Valtris Specialty Chemicals.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Former Disney exec steps down as operating partner at CD&R as eleventh fundraise gets under way 

Paul Pressler, the former president and CEO of clothing retailer Gap Inc, and before that an executive at The Walt Disney Company, has stepped down as a full-time operating partner at buyout shop Clayton, Dubilier & Rice to become an operating advisor.

Pressler is one of at least two CD&R executives to leave their posts since the beginning of the year--a time when the highly-regarded firm has been reportedly gearing up to raise an an eleventh flagship fund.

Christian Storch stepped down as a managing director on the London-based industrials team after more than eight years with the firm; in the CD&R hierarchy managing director sits one step below partner. Pressler declined to comment for this article and PECN was unable to reach Storch for comment.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Without face-to-face meetings, hiring slows; new searches delayed

The hiring picture grew more complicated this week, in the wake of widespread office closures to limit the spread of the COVID-19 virus.

Erin Carroll, a partner in the Boston office of executive recruitment firm BraddockMatthews, which conducts searches for mid- to senior-level professionals in asset management, reported the following in an interview yesterday:

1) For the most part it's still a go for the searches that the firm has under way for private equity clients. Carroll expects that some searches might be paused, and that the pace of the hiring process will ease across the board. There's only so much that can be done by phone and video conference. Hiring managers want to meet candidates in person; and likewise candidates don't want to make a big career move without first seeing the office, meeting their supervisor, and meeting future colleagues.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Best practices for cultivating relationships with executive recruiters

Solveigh Marcks

So many wonderful relationships in private equity fall apart at the starting line.

An executive recruiter calls you about a job opportunity. You’re happily settled in a lucrative position. In a moment of pique you respond–curtly–that you’re not interested. The executive recruiter makes a note that future contact with you may prove unrewarding.

By the same token, you may recall past job searches where you emailed executive recruiters. You thought they would jump at the chance to help you. But little came of the outreach and you concluded that it was a waste of time.

Continue reading “Best practices for cultivating relationships with executive recruiters”

World Bank seeks portfolio manager to work on global private equity portfolio; must like travel

The World Bank has an opening for a travel-loving junior professional who enjoys working on private equity fund investments in a cosmopolitan, university-like atmosphere.

The World Bank's pension and endowments department, located a block from Dupont Circle in Washington, D.C., manages a $30 billion pension plan along with related assets. From LinkedIn it appears that the private equity team is relatively small. It includes at least two principal portfolio managers and a senior portfolio manager.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

Joseph G. Solari III joins talent firm Patina Solutions to expand PE business to East Coast

Patina Solutions, which fills talent gaps at companies with consultants, interim executives, and permanent executives, has brought aboard Joseph G. Solari III as managing director-private equity solutions to expand its business with New York and other East Coast private equity shops.

Pointing to Patina Solutions's network of more than 26,000 seasoned executives ready for assignments on short notice, Solari said he plans to help private equity firms find "those needle-in-a-haystack-type [executives] who can be extraordinary helpful" in both pre-deal due diligence and post-deal execution.

From 2013 to 2019 Solari (pictured) worked at lower-middle-market specialist Saugatuck Capital Company of Shelton, Connecticut. Most recently he served as managing director and partner. Along with his role at Patina Solutions, Solari serves as founder and partner at start-up Greenwich Private Investments. The private investment vehicle makes debt and equity investments in companies in a variety of industries.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member

MiddleGround Capital plans to hire senior associate/VP for deal origination and IR team

MiddleGround Capital, which closed its debut fund late last summer above it hard cap, plans to launch a search for a junior-to-mid-level professional to work on deal origination and investor relations.

The ideal candidate would have three to eight years of professional experience and a background in a related field such as investment banking, private equity or management consulting. Christen Paras, head of business development and investor relations, said that the search "will be getting kicked off pretty soon." The new hire will report to Paras (pictured).

MiddleGround Capital has been on a deal-making, fund-raising and hiring tear since its founding in March 2018 by Partner and CCO Scot Duncan, Partner Lauren Mulholland and Partner John Stewart.

Log in to read more -->

Join Our Membership

This content is available to members only

Please visit our membership page if you would like to become a member and super-charge your career.

Become a Member