Promotions

CapX Partners, a specialty finance company that focuses on private equity and venture backed portfolio companies, has promoted Ryan Elsass to senior associate from associate in its Chicago office. Elsass joined CapX in February 2013 and is responsible for assisting the partners with investment underwriting and portfolio management.

CCMP Capital Advisors has appointed Doug Cahill as a managing director based in the firm’s New York office. Since May 2013, Cahill has served as executive adviser for CCMP.

Francisco Partners has promoted Chris Adams, an employee since 2008, Peter Christodoulo, an employee since 2008, Petri Oksanen, an employee since 2005, and Matt Spetzler, an employee since 2004, to partner. Francisco Partners is a global buyout firm that specializes in investments in technology companies.

The Gores Group has promoted Jon Gimbel to the position of managing director of Gores Small Capitalization Partners. Gimbel joined Gores in 2003 as an associate.