EDG Partners, LLC appointed John E. Morris as president and chief executive officer of Regency Hospice, which it just acquired. Most recently, Morris served as Chief Operating Officer for Housecall Medical Resources, Inc., a $110 million hospice and home health company sponsored by EDG principals.
GSC Capital Corp. appointed Brian H. Oswald as chief financial officer. GSC Capital is a real estate investment trust (REIT) that invests in real estate-related securities, whole loan mortgages, bank loans, corporate loans and other asset-backed securities. It is managed by GSC Partners, an alternative asset management firm that manages over $9 billion of assets.
Hicks, Muse, Tate & Furst Inc. announced today the appointment of three members of its investment team-Edward Herring, Eric Lindberg and Jason H. Downie-as partners of the firm.
Kayne Anderson Capital Advisors, L.P. announced that David Iverson has joined its energy private equity team as a senior vice president. Previously, Iverson held senior reservoir engineering positions with Netherland, Sewell & Associates, ARCO Oil & Gas and Vastar Resources.
Lawrence Calcano is leaving Goldman Sachs, where he serves as co-head of technology I-banking, in order to pursue private equity opportunities. He has not yet decided whether he will join an existing firm or form a new partnership.
Michael Carroll has joined Triton Pacific Capital Partners as controller and investment relations manager. He most recently served as treasurer for the losing Virginia gubernatorial campaign of Jerry Kilgore.
Cipio Partners has promoted Roland Dennert to partner.
Winson Ginsberg has joined TowerBrook Capital Partners as a managing director in the firm’s London office. He previously served as general partner and co-founder of Elwin Capital.
Michael Gross has resigned as CEO of Apollo Investment Corp. (Nasdaq: AINV), a business development company formed in 2004 by Apollo Management. Apollo management co-founder John Hannan will become Apollo Investment CEO, while Art Penn will serve as president and retain his COO role. No word yet on Gross’ future plans.
Grotech Capital Group has promoted Chuck Cullen, Erick Morris, Steve Frederick and Joel Radtke to the position of principal.
Jean-Charles Guillou has joined Quilvest as managing partner in charge of private equity fund-of-funds activities for private and institutional clients in Paris. He has spent the past seven years as a senior partner with Baring Private Equity, where he headed the Paris office. Before that, he was with both The Carlyle Group and the private equity arm of Lazard Freres & Cie.
Axel Holtrup has joined Silver Lake Partners as a London-based director. He has spent the past eight years in the private equity group of Investcorp.
Henry Jackson is leaving Deutsche Bank, where he runs the European retail and consumer group. He is expected to launch a European retail private equity fund called Mercapita.
Stephen Jacobs has joined Kramer Levin Naftalis & Frankel LLP as a partner in the firm’s corporate department, with a particular focus on representing private equity and hedge funds. He has spent the past 18 years both in private practice and as an in-house attorney for private equity-backed companies.
Gregory Keever, former head of the business transaction practice at law firm Coudert Brothers, has joined Galen Capital Group as a senior advisor.
Jay Kim has joined Ropes & Gray as a partner, focused on private debt financing, high-yield bonds and bridge financing. He previously served as counsel with Shearman & Sterling.
James Lambright has been appointed by President Bush to lead the Export-Import Bank. He joined Ex-Im Bank in 2001, after having served as a Los Angeles-based vice president of private equity with Credit Suisse First Boston.
Gene Lorenz, Rob Nichols and Nathan Cleary have left DB Capital Partners. The trio is expected to launch a new firm. Lorenz and Nichols were both directors, while Cleary was a vice president.
Steve Magami has been named managing director of ARC Investment Partners, after previously having served as a principal with Lovell Minnick Partners.
John Manser has been named chairman of the London Asia Chinese Private Equity Fund Ltd. He is currently chairman of Intermediate Capital Group, Shaftesbury PLC and Hiscox Investment Management. The fund is sponsored by Collins Stewart Ltd., and is seeking to raise GBP50 million for growth equity plays in China. It also plans to seek a listing on London’s AIM.
Ashok Nayyar has joined Morgan Stanley as a managing director and co-head of leveraged and acquisition finance, effective May 1. He has spent the past 17 years with Salomon Brothers and Citigroup, and in 2001 was named head of U.S. leveraged finance.
Joseph Nemia, senior managing director of GE Commercial FinanceCorporate Lending, has been elected president of the Commercial Finance Association.
Robert Paine has joined GSC Partners as senior managing director. He will run a hedge fund focused on the leveraged and distressed markets, and previously managed a distressed debt hedge fund for Stanfield Capital Partners.
Bill Price, co-founder of Texas Pacific Group, reportedly has decided not to participate as a general partner in the firm’s new fund. The vehicle is expected to raise between $10 billion and $12 billion, and will feature two tiers of keymen. The top tier consists of fellow co-founders David Bonderman and Jim Coulter, whilethe second tier includes Richard Boyce, Jonathan Coslet, Philippe Costeletos, Kelvin Davis, John Marren and Stephen Peel. In other TPG news, the firm reportedly will look to raise $1 billion for a new distressed debt vehicle called TPG Credit Management.
Robert W. Baird & Co. has promoted Rodney Tyson to director of M&A business development. He joined the firm in 1998, and is based in Chicago.
Lucatonio Salvi has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s corporate practice group. He will work out of Washington, D.C., and previously was with Latham & Watkins.
James Schaefer has joined UBS as a managing director in its global power I-banking group. He previously served as a managing director in Lehman Brothers’ power group.
Neville Simms has joined Duke Street Capital as an operating partner, with a specific focus on the support services sector. He is currently chairman of International Power, and previously served as CEO of Tarmac PLC.
Louis Singer has joined law