is stepping down as a managing director of Providence Equity Partners to become co-CFO of Comcast Corp. (Nasdaq: CMCSA). He will replace the retiring Lawrence Smith, and will take over as sole CFO in 2008, once fellow co-CFO John Alchin retires. Providence recently began raising its sixth fund with a $10 billion target capitalization. Angelakis currently is a director with Providence portfolio companies Bresnan Communications, MGM and Northland Cable Networks.
has joined Kleiner Perkins Caufield & Byers as a partner. He has spent the past 15 years with Merck Co., including a recent stint as regional marketing director for hypertension in Asia. Li will work out of the firm’s Menlo Park, Calif., office, but will spend most of his time in China evaluating investment opportunities.
has joined 3i Group as a London-based director within the firm’s growth capital unit. He previously served as a director with San Aire Private Equity (which was bought by Dunedin in 2005). Last month, 3i announced it has raised $6.5B for its fifth buyout fund, which will focus mostly on mid-market opportunities in Europe.
has joined The Carlyle Group as a managing director for investor relations and senior executive officer of the firm’s new office in Dubai, United Arab Emirates. He previously was a director with Credit Suisse in Dubai, as team leader for special coverage in the Middle East.
has joined energy-focused private equity firm Lime Rock Partners as a Houston-based managing director. He previously served as chief information officer with Well Completions & Productivity. Earlier this year, the firm raised $750M for its fourth energy buyout fund.
has left Apax Partners, where he was a partner focused on the enterprise software and technology-enabled services spaces. He joined the firm in 1999, before which he had been a vice president with GE Equity. No word yet on his future plans. —PE Week staff