Private Equity Firms

Apollo Global Management said that Chairman and CEO Leon Black, along with senior managing directors Josh Harris and Marc Rowan, have entered into new employment agreements with the firm. The agreements are “substantially similar” to the original employment agreements the managing partners signed on July 13, 2007. Those deals have expired. The new agreements are effective until July 19, 2015, and each managing partner will receive total annual compensation of $100,000.

AUA Private Equity Partners  has appointed Esperanza Carrion, a former marketing executive at Goya Foods, as an operating executive focusing on consumer, food and beverage companies and Hispanic-oriented business opportunities. Carrion established her marketing career at Colgate Palmolive Philippines and has held the position of marketing director at the Coca-Cola Co., Kraft Foods International, Sara Lee Corp. and Goya Foods.

Michael Brochu has joined the operating committee of BelHealth Investment Partners. Brochu was most recently the and CEO of Global Market Insite. BellHealth, with offices in New York City, Port Washington, N.Y., and Newport Beach, Calif., is a buyout firm focused exclusively on the small-cap health care industry.

Blum Capital Partners has appointed Peter Westley and Carol Fu as partner and associate, respectively. Blum Capital Partners is a San Francisco-based private investment firm with approximately $1.6 billion of equity capital under management.

Cotton Creek Capital has appointed Anil Ali has an associate. Prior to joining Dallas-based Cotton Creek Capital, Ali was an analyst with Harris Williams & Co. in Boston, a mid-market investment bank specializing in sell-side M&A advisory.

Vince Lambert has joined New York-based health care merchant bank MTS Health Partners as a senior managing director. Prior to joining MTS, Lambert was a managing director in the health care group at Bank of America Merrill Lynch.

Tengram Capital Partners has appointed Brian Thorne and Erlina Yeo as senior associates. Both join from consumer-focused private equity firm Catterton Partners.

Tonka Bay Equity Partners has appointed Matt Reck as an investment associate. Prior to joining Tonka Bay, Reck was an associate in the Minneapolis office of Harris Williams & Co., a mid-market investment bank.

W. P. Carey CFO Mark J. DeCesaris has informed the company of his intention to resign as chief financial officer. DeCesaris was appointed as a member of the board of directors, effective immediately.