
PRINT THIS PAGE Weekly People Roundup: 2 April 200802/04/2008. Source: 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. New York and San Francisco-based private equity investment firm Behrman Capital has appointed General Peter Pace as operating partner, chairman of the board of Behrman portfolio company Pelican Products and director of portfolio company ILC Industries. Pace is the former chairman of the Joint Chiefs of Staff. As chairman, he served as the principal military advisor to the President, the Secretary of Defense, the National Security Council and the Homeland Security Council. Behrman invests in MBOs, leveraged build-ups and recapitalisations of established growth businesses in the defence, specialty manufacturing, healthcare, outsourcing and IT industries.
Philadelphia-based LLR Partners has promoted Scott A Perricelli and David J Reuter to partner, Todd J Morrissey and David A Stienes to principal, and the hiring of Christian Bullit as director of business development. LLR recently just invested in specialty pharmaceutical company EKR Therapeutics.
Healthcare-focused investment firm Apposite Capital has appointed Valerie Auffray as investor relations manager. Auffray will manage the firm's overall investor relations and communications activities as well as its fundraising efforts. Prior to joining Apposite Capital, Auffray was an associate director at Citigate Dewe Rogerson where she worked with a number of biotech companies at all stages of development and advised clients on financial transactions, including private fundraisings, IPOs and M&A and crisis communications. London-based Apposite invests in private companies involved in healthcare services and life sciences.
London-based Bridgepoint Capital has appointed Barbara Kux and Dr Hubertus Erlen to their European Advisory Committee. Barbara Kux had been working as a member of the group management committee of Royal Phillips Electronics since 2003 and before that has over 20 years of executive management positions. Prior to his appointment, Dr Erlen was the vice chairman of the supervisory board of Bayer Schering Pharma. Currently, he is chairman of the international affairs committee of Business Europe and the chairman of the Robert-Koch-Foundation.
Private equity firm August Equity has promoted Aatif Hassan and Keith Davidson to investment directors and Denise Gallagher to marketing assistant manager. Hassan has been with the company since 2005 and was involved in the MBO of Lifeways Community Care as well as the Imagine Publishing, Healthcare Homes Group and Planit Holdings deals. Davidson has been with August since 2006 and was involved in the MBO of 4Projects and the buy-outs of Lifeways Community Care and Boat International. Gallagher joined the company in 2006. August invests in UK-based companies in the healthcare, media and technology, industrial products and services and consumer products and services sectors.
Early stage venture capital firm Castile Ventures has appointed Skip Besthoff as general partner. Previously, Besthoff worked at New York-based Rho Ventures for eight years. He has served on the boards of Everdream, IntraLinks, Megapath and Verified Person. Earlier in his career, Besthoff served as a manager at Andersen Consulting, which is now Accenture. Castile is an early stage capital firm that focuses on the technology sector.
UK-based private equity firm Octopus has appointed Mark Fowler as investment manager. He will be based in Octopus' Leeds, England office, which opened last year, where he will focus on investment opportunities in the North of England. Prior to Octopus, Mark work as a lead advisory in corporate finance to KPMG primarily focused on mid-market transactions. Before that, he was an executive at corporate finance advisory practice, Casson Beckham.
Technology venture capital firm Norwest Venture Partners has hired Mohan Kumar as executive director of NVP India. Based in the firm's new Bangalore office, Kumar will focus on technology investments in India. Previously, he was corporate vice president of mobile devices software at Motorola. Prior to serving in several senior roles at Motorola, Kumar worked at Texas Instruments as a technical architect on DSP Technologies and helped set up Texas Instruments' business unit in Bangalore. Kumar has also acted as an angel investor. NVP India launched its Mumbai office headquarters in 2007.
Nordic private equity firm CapMan has appointed Jukka Ruuska, president of the OMX Nordic Exchanges and the Stockholm Stock Exchange, to help the firm establish an equity fund focusing on listed companies in the Nordic region. The fund will apply methods and tools from the world of private equity to public equity investing and value creation. The fund's strategy is to make controlling or influential minority investments in mid-cap companies and then, for a period of three to five years, help the company executives and other owners grow the businesses, CapMan said in a statement. Ruuska has been president of the OMX Nordic Exchanges since 2003, when the Helsinki Stock Exchange (HEX) and the Stockholm Stock Exchange parent company OM merged. He has also been president of the Stockholm Stock Exchange since 2005. In February 2008 he was named executive vice president of transaction services Europe in the NASDAQ OMX Group, merged in early March 2008.
Providence Equity Partners has appointed Andrew Tisdale as a managing director in the firm's London office. In his new role, he will be involved with existing portfolio companies and in developing new investments for the firm. Tisdale joins Providence from Morgan Stanley, where he was co-global head of the Media and Communications Group and a member of the firm's management committee for investment banking. He joined Morgan Stanley in 1990. Providence specialises in equity investments in media, entertainment, communications and information companies. The firm has approximately $21bn under management.
US technology venture capital firm Accel Partners has appointed Sonali De Rycker as a partner in the firm's London office. Sonali joins a team of nine UK-based investment professionals. Prior to Accel, De Rycker was at Atlas Venture for eight years, focusing on early stage technology investments. Previously, she was an investment banker at Goldman Sachs in New York. Accel has approximately $4bn under management. The firm has offices in Palo Alto, London and China (through the IDG-Accel Partnership). It focuses on investments in the consumer internet, enterprise software, networking and mobile sectors.
Copyright © 2008 AltAssets

|