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Weekly People Roundup: 14 May 200814/05/2008. 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.
Private investment firm Clearview Capital has hired Jarrett Turner as an associate. In his new role, Turner will be responsible for reviewing and assessing specific deal opportunities and providing support for the fund's senior professionals, according to the firm. Previously, he was a senior analyst at Fifth Street Capital. Prior to that, Turner was an analyst in the asset backed finance investment banking group at RBS Greenwich Capital. Clearview has over $250m in capital under management.
The Carlyle Group has appointed Devinjit Singh as a managing director of Carlyle Asia Partners. Based in Mumbai, Singh will be part of a CAP team of six investment professionals in India, led by managing director Rajeev Gupta. Established in 1997 and with more than $2.55bn under management, Carlyle Asia Partners makes control and strategic minority investments in companies across the Asia ex-Japan region advised by a team of 37 investment professionals based out of six offices in Hong Kong, Mumbai, Seoul, Shanghai, Singapore and Sydney. Before joining Carlyle, Singh worked for nearly 20 years at Citigroup, most recently as managing director and head of M&A in India.
Swedish private equity firm Litorina has opened a new office in Gothenburg, to be headed by Olof Cato, investment manager at Litorina. firm has also appointed Lars Verneholt as a partner and Magnus Hedman and Joseph Ahlberg as associates. Verneholt has a background in M&A from a career at Carnegie, Merrill Lynch and most recently at Catella. Hedman joins from UBS Investment Bank in London, while Ahlberg joins from the management consultancy firm Arthur D. Little's Stockholm office. Litorina focuses on acquiring and industrially developing small to medium-sized primarily Swedish companies.
Private equity firm PCG Asset Management has appointed Dr John Rutledge to the firm's board of directors as an independent director. Dr Rutledge is the chairman of mid-market private equity firm Rutledge Capital. He is also a member of the advisory board of hedge fund First Q Capital. Dr. Rutledge is a visiting professor at the Chinese Academy of Sciences and chief advisor for finance and investment to the governor of the Haidian District in Beijing. He also serves as a board member of the Progress and Freedom Foundation and a senior fellow at the Pacific Research Institute and the Heartland Institute. PCG AM currently manages $15.4bn of assets.
UK mid-market private equity firm Graphite Capital has hired Kane Bayliss, Mark Hall and Omar Kayat as investment managers and Mudassir Khan as a financial analyst.
Bayliss joins from Terra Firma Capital Partners where he was an associate director working on a variety of transactions in the oil and gas, renewable energy and infrastructure sectors. Hall joins from Lyceum Capital where he was an associate partner working on investments in the business services sector. Kayat joins from PricewaterhouseCoopers, where he was an assistant director in the financial institutions group. Khan was previously a partner at KPMG where he led due diligence assignments in the consumer and industrial market sectors. Graphite manages more than £1.2bn through three private funds and the publicly quoted Graphite Enterprise Trust.
US mid-market mezzanine firm Norwest Mezzanine Partners has appointed John Hogan as partner. Hogan joins NMP from Piper Jaffray & Co., where he was managing director and head of the financial sponsors group. Previously, he worked at Norwest Bank (now Wells Fargo) in several capacities, including arranging private placements and restructuring troubled assets in the bank's portfolio. NMP has $650m in capital under management. The firm NMP is a standalone investment partnership that is affiliated with Norwest Equity Partners.
Atlanta, US-based private equity firmNavigation Capital Partners has appointed OG Greene as an operating partner. Greene's financial services and banking background includes management positions with companies such as Burroughs Corporation (now Unisys), National Data Corporation and First Financial Management. In his new role, Greene will focus on assisting companies with the creation and execution of their strategic business plans, according to a statement. Navigation invests in lower mid-market niche manufacturing and services businesses located in the Southeast, Mid-Atlantic US. The managers of Navigation formerly founded and managed Mellon Ventures, the private equity investment arm of Mellon Financial Corporation.
Dubai International Capital, the international investment arm of Dubai Holding, has appointed Mark Lunn as managing director, corporate communications. Lunn joins DIC from financial PR consultancy Gavin Anderson & Co, where he was a London-based managing director with responsibility for the Middle East. Established in 2004, DIC targets investment in both private and public equity.
Silicon Valley venture capital firm Accel Partners has appointed former Sequoia Capital partner Sameer Gandhi as a partner in its Palo Alto office. In his new role, Gandhi will focus on the consumer internet and the software sectors, according to the firm. Gandhi joined Sequoia in 1998. As a partner at the firm he led investments including Barracuda Networks, eHarmony, Gracenote, Marketlive and Sourcefire. At the end of last year, Accel closed its Accel X fund on $520m.
American Capital Strategies has opened a second office in the Boston area to expand its sponsor finance group's investment activities. The new office will be led by Tim Robinson, who the firm has appointed as a principal. In his new role, he will be joined by David Morris as vice president and Dan Hodges as associate. Robinson joins American Capital from BancBoston Capital, where he was a managing director, responsible for originating, managing and divesting a portfolio of private equity investments. To date, American Capital's sponsor finance group has made more than 140 debt and minority equity investments worth approximately $7bn.
UK mid-market buy-out firm LGV Capital has appointed Ivan Heywood as its new chief executive. Heywood will succeed Adrian Johnson, who has been chief executive of the firm since July 2000. Heywood, currently managing director at LGV, has worked with Johnson for over 17 years. He joined LGV in October 1990. Prior to LGV, he worked at Price Waterhouse, in its corporate finance division. LGV is reportedly preparing the launch of a new fund, the firm's sixth.
Communications-focused private equity firm GMT Communications Partners has appointed Ian McKenzie as senior advisor and Maria Trokoudes as a senior associate. McKenzie is the former executive chairman of Invitel, a fixed line telecoms provider in Hungary, which was a GMT portfolio company from 2003 to 2007. Trokoudes joins GMT from McKinsey & Company, where she served as an engagement manager in the firm's media and entertainment practice. GMT provides buy-out and expansion capital exclusively to European companies in the communications sector.
European private equity firm Doughty Hanson & Co has appointed Adam Black to take on responsibility for addressing sustainability matters within the firm and, in particular, for advising portfolio companies on environmental, social and governance issues to enhance the value of those investments. Black will also assist the investment team with due diligence on new investments and work with the investor relations team on ESG reporting to LPs. The chartered environmentalist and chartered health and safety practitioner joins from KPMG, where he was an associate director in the Risk and Sustainability team.
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