John A. Hess, co-founder of Altius Associates and CEO since 1998, will assume the full time role of executive chairman, the firm announced. Assuming the CEO role will be three existing executive directors of the firm: Jenny Fenton, currently chief operating officer; Brad Young, currently head of investments, and Dr Eric Warner, currently head of investor relations. The three will carry the title of Co-CEO. Altius Associates advises and manages approximately $24 billion in private equity and real assets in funds and co-investments for clients in Europe, North America and Australia.
Dallas-based private equity firm Trinity Hunt Partners has promoted two staffers and hired an addition to its team. The company has promoted Blake Apel and Jake Moore to vice president and associate, respectively. It also named Leslie Kwang as an associate.
Wells Fargo Capital Finance has promoted Christian Conroy and Andrew Phillips. Conroy will be responsible for originating senior secured loans for corporate finance in the southwestern U.S. market while Phillips will be responsible for originating senior secured loans for corporate finance within the New England market. A unit of Wells Fargo & Co, Wells Fargo Capital Finance is a provider of financing solutions for companies.