On the Move, 12.3.18: Madison Dearborn taps Dolce to head capital markets group

PRIVATE EQUITY FIRMS

KKR hired David Luboff, CEO of Macquarie Group’s Asia Infrastructure Fund, as its new head of Asia Pacific Infrastructure, people familiar with the matter told Reuters. Luboff, based in Singapore, will lead the Asian operations of the firm’s infrastructure business, the people said. Luboff could not be reached; a KKR spokeswoman confirmed the hire to Reuters but did not elaborate. KKR also hired Hardik Shah, formerly with Brookfield Asset Management, as a Mumbai-based director, the spokeswoman said. He will explore infrastructure investment opportunities.

Argand Partners, the middle-market PE firm, named Kay Blackwell director of investor relations and corporate communications. Blackwell had been a managing director at Rohatyn Group, focused on business development and investor relations.

ECI Partners: Partner Charlie Johnstone left the firm at the end of September, the Wall Street Journal reported. ECI closed on 700 million pounds ($927.4 million) in July, press reports said.

3i: Joining are Simon Andersen, who will drive digital strategies in 3i’s portfolio companies in Europe and U.S. as well as evaluate new investments; Zack Shaftal as a senior associate; and Jake Behrman, Inka Berglar, Jacques-Henry Grislain and Flore Van Schaik as associates.

Liberty Hall Capital Partners appointed John W. Handy and J. Rick Creed operating advisers. Handy is a four-star general who served in the U.S. Air Force from 1966 to 2005. Creed recently served as president and CEO of Weber Metals.

Madison Dearborn Partners: Mike Dolce, who earlier this year joined the Chicago PE firm as a managing director and head of capital markets, will lead the new capital markets group. Josh Damon joins as a managing director and head of the firm’s new portfolio resources function. Jason Shideler, a leading member of the healthcare team, was promoted to managing director. Annie Terry is now managing director, general counsel and chief compliance officer. Dave Pequet has become a managing director. Karla Bullard was promoted to managing director and CFO. And Erin Arnold is now a director. Terry succeeds Mark Tresnowski, who is retiring but remains a senior adviser.

Great Hill Partners named Jesse Hertzberg and Michael Thompson operating partners. Hertzberg is an adviser to several SaaS, ecommerce and marketplace startups in New York while Thompson is a former vice president and general manager at Nuance Communications.

PORTFOLIO COMPANIES

Dun & Bradstreet: The provider of commercial data and analytics named Stephen C. Daffron president. The appointment is effective when Star Parent acquires D&B. Star Parent is an investment group led by CC Capital, Cannae Holdings and Thomas H. Lee Partners along with equity investors including Black Knight Inc.

Crown Laboratories, the Johnson City, Tennessee, skin-care company, named Thomas Hitchcock chief science officer. Hitchcock founded Xycrobe Therapeutics. Crown Labs is a portfolio company of Hildred Capital Partners.

Paya, a portfolio company of GTCR, named Jeffrey Hack CEO and a director. Hack previously was an executive vice president and management-committee member at First Data. Paya is the Reston, Virginia, provider of integrated payment processing and business solutions.

Parking Spot, backed by Green Courte Partners, named Jeff Foland president and CEO. Foland’s background includes senior roles at United Airlines. Parking Spot is the Chicago off-airport parking company.

SERVICE PROVIDERS

Northern Trust: The 50 South Capital Advisors subsidiary named Aaron Gillum, Molly Brister and Maureen Wilkie to its PE group. Brister and Wilkie will serve as vice presidents while Gillum will be a senior vice president.

Raymond James named John Barrymore a managing director in the consumer investment banking practice. Barrymore had led the food and nutrition M&A practice at Duff & Phelps in New York.

BlackRock: Geraldine Buckingham was named chair and head of BlackRock Asia Pacific. She succeeds Ryan Stork, who becomes deputy global chief operating officer, based in New York.

StepStone Group, a private markets specialist, opened an office in Lima, Peru, and named Shannon Bolton as a managing director. Bolton will run the new office and lead StepStone’s business development in the Andean region. Bolton previously led efforts in the Andean Region at placement agent Capital Strategies Partners.

H.C. Wainwright named Richard E. Gormley  vice chairman and president of capital markets. Gormley previously was a senior managing director and head of equity capital markets at Guggenheim Securities.

Accordion, a PE-focused financial consulting and technology firm, named Ofri Porat managing director and Zach Mainzer vice president. Porat joins from FTI Consulting while Mainzer was at Berkeley Research. Accordion is backed by FFL Partners.

Victory Park Capital launched an insurance-services division and named Connell Hasten and Joshua Platek to run the platform. Hasten, a partner at the firm, and Platek, a vice president, will be source, underwrite, execute and manage investment opportunities for insurers. Prior to joining VPC, both worked at EquiTrust Life Insurance Co.

FocusPoint Private Capital Group named Russell Boggess a managing director in its New York office. Boggess had been a managing director at R6 Capital.

Baird expanded its senior IB team focused on oilfield services. Gregg Byers joined as managing director while Chamila Ariyachandra came aboard as director. Byers previously was managing director, co-head of the Houston office and head of oilfield services M&A at PricewaterhouseCoopers’ investment-banking practice. Ariyachandra was a director in the IB practice at PwC.

Peak Rock Capital: Joining the middle-market private investment firm are Thomas Moran as managing director, Philos Carnio as principal, David Alter as senior vice president and David Wolfish as vice president., Peak Rock also promoted Jordan Campbell to managing director, Garret Iden to senior vice president of business development and Karson Chang to vice president.

LIMITED PARTNERS

Cresset Family Office added Dan Terlep, Tony McEahern and Joel Alberts to its team. Terlep is senior managing director of financial and tax strategy; McEahern is senior managing director for wealth planning and Alberts is client adviser for the Midwest region. Cressset Family Office was launched by Cresset Capital Management last June.