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Weekly People Roundup: 28 November 2007

28/11/2007Source: AltAssets.  

All 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.

European private equity investor HgCapital has appointed Jason Khaksar and Sophie Albizua to its consumer and leisure sector team. Khaksar joins from KPMG Corporate Finance where he spent 12 years advising on mid-market private equity transactions. Albizua has eight years' transaction experience in European retail and consumer goods. She joins from Change Capital Partners where she worked for over four years. Previously, Albizua spent over three years at Goldman Sachs in London in the consumer and retail M&A team. Albizua has worked on private equity transactions across Europe.

Private healthcare industry investor Cressey & Company, has made former US Senate Majority Leader Bill Frist a partner. Frist will work with the firm on making new investments in promising healthcare companies as well as to provide clinical expertise and support to the firm's portfolio companies. Frist is currently the Frederick H Schultz Class of 1951 Visiting Professor of International Economic Policy at Princeton University. He served in the US Senate from 1994 to 2007, and was appointed Senate Majority Leader in 2002. Prior to his election, Frist spent 20 years in medicine, rising as a heart and lung transplant surgeon.

Martin Bolland has reportedly decided to leave UK buy-out firm Alchemy Partners, where he was one of the founding partners.

US buy-out giant The Carlyle Group has appointed Norbert Reis as managing director in Carlyle's European buy-out team. His primary focus will be on investments in Germany and Austria, working alongside managing director Gregor Böhm. Reis joins the Carlyle Europe Partners' team of nine managing directors from Credit Suisse, where he was vice chairman of the investment banking team. Reis previously served as co-head of Credit Suisse's European M&A department and the firm's German investment banking business.

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