Carlyle promotes two MDs to TMT team co-heads

The Carlyle Group has promoted Patrick R. McCarter and Campbell Dyer from managing directors to co-heads of the global technology, media and telecommunications team. McCarter joined the firm in 2001 while Dyer has been with Carlyle for 15 years. PRESS RELEASE New York, NY, Washington, DC and Menlo Park, CA – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Managing Directors Patrick R. McCarter and Campbell “Cam” R. Dyer and have been promoted to Co-Heads of the Global Technology, Media and Telecommunications (TMT) team. They succeed long-term Head James A. Attwood, Jr. who will continue as a Managing Director on the TMT team and maintain service on a number of Carlyle portfolio company boards. Mr. Dyer is based in Washington, DC and Mr. McCarter is based in Menlo Park, CA. Their new roles are effective September 1, 2017. Sandra J. Horbach, Co-Head of U.S. Buyout,
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Battery-backed Clubessential appoints two SVPs

Cincinnati, Ohio-based Clubessential, a provider of web-based software for golf, city, yacht and other private clubs, has named Darol Lain as senior vice president of sales and marketing and Lynn Mangan as senior vice president of customer success and operations. Prior to joining Clubessential, Lain worked at Affiniti where he served as executive vice president while Mangan was at Paycor where she most recently was senior vice president of product and technology operations. Clubessential is backed by Battery Ventures. PRESS RELEASE CINCINNATI, OHIO (PRWEB) JULY 24, 2017 Clubessential, an all-in-one membership engagement and management software provider for private clubs, is excited to announce two key additions to strengthen the executive leadership team and better serve customers. Darol Lain has joined Clubessential as the Senior Vice President of Sales & Marketing, and Lynn Mangan will serve as the Senior Vice President of Customer Success & Operations. “We’re excited to welcome Darol
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BelHealth taps Yu as senior associate

BelHealth Investment Partners has named Rebecca Yu as a senior associate. Previously, Yu worked at Warburg Pincus where she served as a vice president in the healthcare and consumer group. PRESS RELEASE New York, New York – July 24, 2017 – BelHealth Investment Partners (“BelHealth”), a healthcare-focused private equity firm, announced that Rebecca Yu has joined the team as a Senior Associate. Ms. Yu’s responsibilities will range from deal origination and structuring to due diligence, execution and portfolio company monitoring. Before joining BelHealth, Ms. Yu worked as a Vice President in the Healthcare and Consumer Group at Warburg Pincus, where she focused on sourcing, analyzing and executing growth equity and buyout opportunities in the upper middle market. She focused her efforts on several healthcare sub-sectors that are currently of high interest to BelHealth. Her other work experience includes two years at Goldman Sachs as a Securities Analyst. Ms. Yu obtained
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Ex-National Security Adviser Flynn launches PE advisory firm, says brother

Michael Flynn, the former national security adviser who found himself the center of controversy following probes into Russia’s interference in the 2016 presidential election, has launched Resilient Patriot LLC, a consulting firm advising private equity firms, a family member told The Associated Press, as reported by the New York Daily News. The source, Joe Flynn, the brother of Flynn, told the AP that the retired lieutenant general and former intelligence officer has racked up a considerable amount of debt due to the various probes. He added that the family is planning a fund to help pay Flynn’s various legal bills. Several of Flynn’s siblings will manage the fund, The NY Daily News further reported. In addition to being part of an ongoing investigation to see if there was any collusion between the Trump campaign and Russia during the election, Flynn failed to register as a foreign agent
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Highlander Partners ups Slater to VP

Highlander Partners LP has promoted Ben Slater to vice president. Slater joined the Dallas-based middle market private equity firm in 2016. PRESS RELEASE DALLAS, July 20, 2017 /PRNewswire/ — Highlander Partners, L.P., a leading middle market private equity firm, recently announced the promotion of Ben Slater to Vice President in its private equity practice. Ben joined Highlander in 2016 and has focused on leveraged buyouts, recapitalizations and growth financings across a variety of industries, as well as extensive work with the Highlander portfolio companies. He is also spearheading a new investing initiative in Europe that Highlander is undertaking. Highlander Partners President and Managing Partner, Jeff L. Hull, commented: “Ben has been instrumental in advancing our private equity effort. He possesses excellent transactional skills and a great ability to drive business development. We are very excited to have him as part of the team and look forward to his
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Astarte Capital hires three for London office

Astarte Capital Partners has added three to its team in London. Joining the firm are Michael Peraticos as senior associate, Roger Rolf Fuchs as associate and Petros De Bree as analyst. PRESS RELEASE London, 20 July 2017 – Astarte Capital Partners, a specialist alternatives coinvestment platform with a focus on real assets, announces three appointments to the team based in London. The three new hires will reinforce Astarte’s ability to invest in niche real assets by forming partnerships with seasoned operating teams. The new recruitments come at the time when institutional investors globally are demonstrating strong interest for the real assets backed strategies that Astarte is focusing on. Astarte is in the process of concluding arrangements to set up outposts in Sydney and Zurich, to be followed by New York. “Together with the appointment of three solid investment professionals in our London team, we are rapidly expanding our global footprint
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PE-backed Paragon Bioservices beefs up team with new hire

Baltimore-based Paragon Bioservices, a producer of biopharmaceuticals and vaccines, has named Deborah Wild as vice president of quality and regulatory affairs. Previously, Wild ran a consulting practice where she led quality assurance initiatives for clients such as Genentech, TEVA, Cytovance and CMC Biologics. Paragon is backed by NewSpring Capital and Camden Partners. PRESS RELEASE BALTIMORE, July 20, 2017 /PRNewswire/ — Paragon Bioservices, a global leader in the manufacturing of biopharmaceuticals and vaccines, announced today the appointment of Deborah Wild to the position of Vice President, Quality and Regulatory Affairs, where she will focus on accelerating our quality agenda. “We are building a world class team and Ms. Wild’s experience and leadership is spot on to support Paragon’s growth initiatives in GMP vaccine and viral vector manufacturing,” stated Peter Buzy, President and CEO of Paragon. “Having both quality and manufacturing experience, Deb has a strong track record of executing plans
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