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Portfolio Companies

Flexstar Technology, the California-based data storage industry technology company, appointed Stephen Memmen as president and CEO, the company announced. Audax Group and Rigel Associates are investors in the company. Memmen most recently was a corporate officer and vice president of Amphenol Corp., a maker of coaxial and specialty cables and connectors.

Global transaction banking technology provider Fundtech has appointed Edward Ho as president and chief operating officer. Ho previously was executive vice president and general manager of the capital markets division at Misys, a major vendor of financial technology. Founded in 1993, Fundtech was acquired in 2011 by Chicago-based private equity firm GTCR.

Jim Pinto has been promoted to president and chief operating officer of National Envelope, the company announced. Pinto joined National Envelope, which is backed by The Gores Group, in 2012.

Specialty pharmacy Town Total has appointed Richard Friedman and Richard Wolpow, operating partners at BelHealth Investment Partners, to the company’s board of directors. BelHealth, based in New York, is a health care private equity firm focused on lower mid-market companies. The other board members include Harold S. Blue, managing partner of BelHealth, and John Navarra, founder and vice chairman of Town Total.