Executive moves, week of April 21

Satzberg joins Sun Capital

Michael Satzberg

has joined Sun Capital Partners as a managing director of its hedge fund affiliate, Sun Capital Securities Fund. He previously was with Jefferies & Co. as a senior vice president, with responsibilities for trading and principal debt investments in several industry sectors.

Blackstone U.K. chairman steps down

David Verey

has stepped down as non-executive chairman of The Blackstone Group’s U.K. operations. He joined Blackstone in April 2003 after having served as chairman of Lazard, and become non-executive U.K. chairman two years later. Dow Jones reported that his position will be abolished.

Hartenbaum joins August Capital

Howard Hartenbaum

has joined August Capital as a partner. Hartenbaum was a general partner at Draper Richards, where he was credited with leading the firm’s investment in Skype Technologies. August Partner David Hornik, who posted a blog about the firm’s hire, said: “First and foremost, Howard is a geek. After graduating from MIT, Howard didn’t join an investment bank; he joined Honda Motor Co. where he served as an ergonomics engineer. He got to build awesome products like the NSX. If there is one thing we like to do at partners meetings while eating lunch, it is talk about cars.”

HarbourVest hires Parker

Randy Parker

has joined HarbourVest Partners as a principal focused on investments in real estate private equity funds and related opportunities. He previously was a managing director of Composition Capital Partners, a Dutch real estate fund of funds manager.

Mehlman joins KKR

Ken Mehlman, former chairman of the Republican National Committee, has joined Kohlberg Kravis Roberts & Co. as a managing director and head of global public affairs. He most recently served as a partner with law firm Akin Gump Strauss Hauer & Feld, where KKR was among his clients.

Morgan Stanley expands in Dubai

Morgan Stanley has added three bankers to its Dubai office to expand its practice advising sovereign wealth and private equity funds in the Middle East and North Africa region. They are Dennis Cornell (formerly senior coverage banker for Morgan Stanley’s financial sponsors group), Hugo Parson (formerly in Morgan Stanley’s leveraged & acquisition finance group) and Hani Ramadan (financial sponsors group at UBS).

Blanchette joins Seguin
Kirk Blanchette has joined Woburn, Mass.-based private equity firm Seguin Partners as a partner. He previously was a principal with Sverica International, and before that worked with Seguin co-founders Martin Madden and Christopher Needham at Barison Partners.

Providence loses Rickards

Andrew Rickards has left Providence Equity Partners, after joining just 15 months ago to run Asian operations. He previously had served as CEO of Rothschild in Asia. No reason was given for the departure, which was first reported by Reuters.

Cadwalader adds PE lawyers

Stewart Kagan and Geoffrey Levin have joined law firm Cadwalader, Wickersham & Taft as partners focused on private equity. Kagan was previously with Akin, Gump, Strauss, Hauer & Feld, while Levin was with Kirkland & Ellis.