David Mosher
is leaving
What is unclear, however, is whether Mosher’s resignation has anything to do with Madison Dearborn’s difficulty in raising its sixth fund. The firm began marketing in late 2007 with a $10 billion target, but later cut back expectations to $7.5 billion. It held a $4 billion first close about a year ago, but was still soliciting capital as of last week, according to sources familiar with the firm.
Mosher did not return calls for comment. —Dan Primack
Lerner to advise Grove Street
Josh Lerner
, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, has joined PE consultancy
CRV adds EIR
Philip “Pud” Kaplan, founder of online advertising company AdBrite and the now defunct F**ckedCompany.com, which tracked failed Internet companies, has joined
Morgan Stanley adds Carlyle advisor to board
James Hance, a senior advisor to The Carlyle Group, has been named to the board of
Dougall to depart from Sun
Philip Dougall has resigned as a managing director of
Chicago hires Schmid
Mark Schmid
has been named vice president and chief investment officer of the
Barnes joins First Round
Phin Barnes
has joined West Conshohocken, Pa.-based
Baroda lassoes Lee
Peter Lee
has joined Los Angeles-based
TVM promotes Melnikova
TVM Capital
has promoted Irena Melnikova to principal. She joined the firm’s Boston-based life sciences team last year, after serving in various roles with Life Science Insights, a subsidiary of IDC.