People and Company News, Week of April 17, 2025
- Michael Beringer was appointed CFO by The Inland Real Estate Group, LLC, part of The Inland Real Estate Group of Companies, Inc.Beringer will be responsible for managing the finance function for Inland and assisting in identifying opportunities to deploy capital across Inland’s commercial real estate platform. He will report to Tony Chereso, President and CEO of Inland, and formerly Inland’s CFO. Beringer formerly served as the CFO of Sterling Bay where he led all accounting, tax and treasury functions.
- Lisandra Wilmott as joined Savvy Wealth as head of legal and compliance. Wilmott previously served as as general counsel at Pathstone as the firm scaled from $25B in assets to over $150B. At Savvy, Wilmott will streamline legal operations, lead the development of its compliance program and build out legal workflows across business units, while also supporting advisors in their transitions. Prior to Pathstone she held roles at LPL and JP Morgan Chase.
- Jonathan Bulman has transferred from Osaic to the Summit Financial Networks region of Cetera. Bulman has $140M in assets under administration, but his firm has also done extensive work in the planning and insurance spaces.
- Kayla Kennelly was named CGO by Opal Wealth Advisors, an independent RIA. Kennelly will play a key role in shaping Opal’s long-term strategy, driving client growth initiatives, and leading talent development and recruitment. Prior to joining Opal, Kennelly served as VP at Goldman Sachs, where she was instrumental in building and scaling the RIA custody platform. She also held leadership roles at Facet Wealth and spent eight years at Pershing in both BD for RIAs and Prime Services positions.
- Raja Chatterjee has joined Charles River Associates as VP of Risk, Investigations & Analytics. Prior to joining CRA, Chatterjee was the general counsel of a tech-enabled hospitality company. Previously, he served as global risk and compliance officer at Tishman Speyer. Chatterjee’s also worked at Morgan Stanley.
- Marta Patlan has been appointed SVP, People & Culture, by Measurabl, a sustainability data management platform for real estate. Patlan will lead Measurabl’s global people strategy, including employee experience, talent development, and organizational culture. She has held senior roles at companies including Sportradar, Aristocrat, and Brightstar.
- Josh Mayer has been named COO, a newly created role by wealthtech platform InvestCloud to expand its APL leadership team. InvestCloud is also led by CEO Jeff Yabuki, who was previously the CEO of Fiserv. Mayer most recently served as COO at Envestnet, where he played a role in guiding the company through IPO. He will drive strategic expansion, innovation and service delivery across all APL’s offerings, including the recently launched Private Markets Account with Apollo.
- Max Jackson has been named managing director, private credit portfolio manager by Ballast Rock Asset Management. Based in San Francisco, he will also lead M&A advisory at Ballast Rock Capital. He plans on helping the Ballast Rock team explore new ways and vehicles to capitalize on private credit for its investor base. Previously, Jackson was a VP at KeyBanc in the Utilities, Power & Renewable Energy Capital Markets team. Prior to KeyBanc, Jackson worked at MVP Capital and Fifth Third Securities.
- Lowe’s Companies Inc. has agreed to acquire Artisan Design Group for $1.325B. ADG is a provider of design, distribution and installation services for interior surface finishes, including flooring, cabinets and countertops, to national, regional and local homebuilders and property managers.
- ArcLight Capital Partners LLC has entered purchase agreements with Osaka Gas USA Corp. and Kyuden International Americas Inc. to acquire their indirect common equity ownership interests in Kleen Energy Systems LLC. Kleen Power is a 620 MW natural gas fired power generation asset in the New England market that looks to benefit from AI and electrification-related power demand and provide power and related services to the grid.
- Bow River Capital, a Denver‑based alternative asset manager, has completed its sixth majority platform investment out of SGE Fund II with CloudShare. The company is a SaaS provider of AI‑guided services for technical training requirements. SGE’s investment will support CloudShare’s efforts to drive global growth, scale-up infrastructure and deliver innovations and AI deliverables within its product suite.
- True Green Capital Management LLC, a renewable energy infrastructure investment firm, acquired through its fourth fund approximately 64 megawatts DC of operating solar assets from Ecofin US Renewables Infrastructure Trust PLC (London Stock Exchange Listed). The acquisition consists of 62 projects across seven states and four power markets. The states include NJ, CA, MA, MN, VA, and DE while the power markets include PJM, CAISO, ISO-NE, and MISO. The projects benefit from long-term PPAs as well as various renewable energy credits.
- Linden Capital Partners, a Chicago-based healthcare private equity firm, has closed its sixth buyout fund, Linden Capital Partners VI, raising $5.2B in LP commitments plus a $200M GP commitment. Exceeding its $4.5B target and $5B hard cap, the oversubscribed Fund VI follows Fund V’s $3B close in 2021. Linden remains the largest dedicated healthcare private equity manager.
- Manulife Investment Management, part of Manulife Wealth & Asset Management, has closed Manulife Private Equity Partners III, L.P. with approximately $660M in commitments. This marks the third private equity fund of funds raised by Manulife IM. Seeded with a portfolio curated in collaboration with Ardian, the fund includes private equity fund interests and co-investments across North American buyout funds managed by over 15 private equity managers.
- Vaquero Midstream, a natural gas gathering and processing midstream company operating in the Delaware Basin, closed on an expanded $400M credit facility led by BOK Financial. Vaquero Midstream’s current Delaware Basin system features the Caymus processing facility located near the Waha Hub with 400 MMcf/d of processing capacity. Vaquero’s existing gathering system is spread across Reeves, Loving and Ward counties of Texas.
- Pantheon, in a bid to expand its private market secondaries prowess to clients in EMEA, Latin America, Asia Pacific and Australia, launched this week the Pantheon Global Credit Secondaries Fund (PGCS) that will invest in LP and GP secondaries. PGCS is an evergreen, semi-liquid fund that will be focused on private credit secondaries. It will offer quarterly liquidity and will be available soon in over 20 countries.
- Octane, a fintech specializing in financing recreational vehicle purchases, has secured a $700M forward-flow facility with three major insurance companies, marking the firm’s largest such agreement to date. New York Life served as loan arranger and lead investor, contributing up to $350M. MetLife Investment Management committed up to $200M, while Equitable will provide up to $150M for fixed-rate installment powersports loans. The loans will be originated through Roadrunner Financial, Octane’s in-house lender.
