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Weekly People Roundup: 7 December 2005

07/12/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityAll the week's most important people stories from across the globe. Essential reading for those who need to keep up-to-date with the private equity industry's key staff moves.

Pan-European mid-market private equity firm Palamon Capital Partners has appointed Ron Sandler to its Board of Advisors. Sandler is currently chairman of Computacenter, Oxygen and Kyte Group, a non-executive director of Fortis Group and a member of the Partnership Council of lawyers Herbert Smith. He is a past-president of the Chartered Institute of Bankers and also chairs the personal finance education charity, pfeg. Previously he was chief operating officer of NatWest Group, and, before that, chief executive of Lloyd's of London. Palamon targets mid-market investment opportunities across the UK and Continental Europe.

Stephen Galowitz has joined private equity firm Ridgewood Renewable Power as vice president, business development. Galowitz's previous positions include president of Delta Pressure Generation Systems and president of UtiliSave. Randy Holmes, Ridgewood Renewable Power's president and COO, said, 'As companies and state/local governments look for efficient, market-driven mechanisms for encouraging sustainable development, Stephen's fluency with these complex areas will be invaluable in addressing the difficult challenges ahead.' Ridgewood Renewable Power owns and operates renewable power and infrastructure projects in New York, Virginia, Rhode Island, Maine, Massachusetts and California, and, internationally, in the UK and Egypt.

Michael J Farello will be joining US consumer-focused private equity firm Catterton Partners as a partner on 2 January 2006. Farello will help identify new investment opportunities and apply his marketing and retail expertise to build and develop portfolio companies within Catterton's consumer industry focus. He joins Catterton Partners from Dell, where he was vice president of US consumer marketing and e-business and led the company's multi-billion dollar US consumer electronics and accessories business. Catterton Partners has more than $1.2bn under management.

US energy technology venture firm EnerTech Capital has appointed Wally Hunter as a managing member. He will be responsible for managing the firm's new Toronto office. Prior to joining EnerTech, Hunter spent 17 years at RBC, most recently as a managing director at RBC Capital Partners, a division of RBC Capital Markets. EnerTech Capital has $290m under management and invests primarily in early and expansion stage venture technologies that potentially reduce the cost of energy for major energy producers and the consumer.

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