People & Company News, Week of May 29, 2026
- Jason Tracton has been named partner at Houston-based EIV Capital, an energy private equity firm. Tracton, who has been with EIV Capital since 2022, most recently served as the firm’s managing director of EIV Resources, the firm’s upstream oil and gas platform. He also serves on the firm’s Investment Committee and leads EIV Resources alongside partner Claire Harvey. Prior to EIV Capital, Jason was Portfolio Director at JDH Capital and held roles at Sage Road Capital, Parallel Resource Partners, The Energy & Minerals Group, and Quantum Capital Group.
- Jessica Dudick has been promoted to SVP and team leader within Provident Bank’s Monmouth/Ocean C&I lending team. Dudick will be responsible for managing a team of relationship managers and lending specialists who work with small- to mid-sized companies in Monmouth and Ocean Counties. Dudick, who is based at the bank’s Iselin, New Jersey office, previously served as a relationship manager.
- Chad Ballard has been tapped as chief information officer at Northwest Bank. Ballard will lead the bank’s information technology strategy and operations and will report to CEO and president Louis Torchio. Additionally, Ballard will be responsible for advancing technology initiatives across Northwest Bank and strengthening operational efficiency. He is also a member of the executive leadership team. Before joining Northwest Bank, Ballard most recently served as CIO for Shared Services Operations at Wells Fargo.
- Father-and-son duo Richard and Robert Sichel have joined Dynasty Financial-backed TritonPoint Partners and will be based at the firm’s Philadelphia office. Previously, Richard served as an EVP and senior investment strategist at the Philadelphia Trust Company and managed about $350M in assets, serving multi-generational clients. Robert served as a partner and head of the Fiduciary Practice at K&L Gates.
- Darin Cabral has been tapped as chief financial officer at BRG. Cabral will oversee the firm’s financial strategy and operations. Cabral will be based in BRG’s Washington, D.C. office and has succeeded David Johnson, who left the firm after almost a decade. Prior to joining BRG, Cabral served as the chief financial and administrative officer at Constellis, a global security and risk advisory firm. He previously held senior leadership roles at Peraton, Perspecta, DXC Technology, Hewlett Packard Enterprise, and the Hewlett-Packard Company.
- Partners Noah Shapiro, Russ Rabinovich, and Lauren Margiano have joined the real estate transactional team at Allen Matkins. The team specializes in commercial leasing transactions. Additionally, senior counsel Jason Weaderhorn and associate William Alesi will join the firm. Prior to joining Allen Matkins, all four partners were affiliated with Holland & Knight.
- Houston-based Post Oak Energy Capital, a private equity firm, has fully purchased the natural gas assets of Nadel and Gussman NV and Quantent Energy Partners. NGNV and Quantent assembled drill-ready positions in Haynesville, in partnership with Post Oak. Jefferies served as financial advisor, and Sidley Austin served as legal advisor to Post Oak Energy Capital.
- Oakbridge Insurance Agency, an insurance brokerage, has partnered with Florida-based Earl Bacon Agency, an insurance firm. Following the partnership, Earl Bacon Agency will continue to operate under its existing leadership in North Florida. The firm’s advisors will also gain access to Oakbridge’s broader technology, services, and collaborative support. Earl Bacon Agency, which was founded in 1963, provides property and casualty insurance and employee benefits advisory services for individuals, businesses, and nonprofits throughout North Florida.
- Field has launched as a wealth management technology company. The firm, which is led by co-founder and former CEO of Envestnet Bill Crager, is a data-driven advisory firm that offers portfolio management, financial planning, CRM, compliance, and billing. Field’s launch was built on the acquisitions of BridgeFT and Precept, and both acquisitions were made through iAltA.
- Trinity Capital, an alternative asset manager, has acquired Equipment Leasing Services, an equipment finance provider. ELS’ leadership team, including CEO AlexanderPowell, will continue to lead the business as a standalone portfolio company of Trinity Capital. Trinity Capital’s Equipment Finance vertical specializes in providing capital to “capital-intensive” businesses in industries such as aerospace, manufacturing, robotics, and energy, allowing them to extend cash runway and achieve operational scale.
- Betterment at Work, a division of Betterment, a wealth and savings platform, has introduced a new update to its plan sponsor dashboard, which focuses on administrative tasks, payroll integration status, action items, and support. The new AI-powered plan benchmarking tool reviews plan participation and average contribution rates. The plan benchmarking tool is part of Betterment’s broader enterprise AI strategy and comes after the platform’s recent launch of Betterment’s AI Account Recommender for retail customers.
- Gen II Fund Services, a private capital fund administration provider, has rolled out a suite of new private credit capabilities for Sensr Analytics, its proprietary fund analytics and reporting platform. The new features include a loan terms table providing deal-level visibility into weighted average yield and weighted average maturity analytics, and a maturity ladder chart. The features are fully integrated within the Sensr Analytics platform and powered by Gen II fund administration data infrastructure.
- Houston-based Veriten, an investment firm, has raised $105M in the closing round for its second flagship energy venture fund. The fund will focus on energy-related investments and will support “multifaceted” exit opportunities. Also, Fund II aims to accelerate “scalable” technology solutions across energy, power, and industrial applications.
- Shatterdome Energy, an AI-backed energy trading and intelligence startup, has raised $3.5M in pre-seed funding to develop a platform that’s designed to help renewable energy operators, utilities, and large power consumers navigate volatile electricity markets. The funding round was led by Crucible Capital, with participation from Transpose Platform and Entrepreneurs First. Shatterdome, which was founded by quantitative trader Amann Shariff, aggregates renewable generation, battery storage, and flexible industrial demand into a coordinated virtual power plant network.
