People & Company News, Week of August 8, 2025
- Emily Field has been named chief people officer and group managing director at LPL Financial. In her role, Field will lead the Human Resources division, which includes Talent Management, Total Rewards, Learning, Culture and Engagement, and HR Business Partners. She will also join the LPL’s Management Committee. Before joining LPL Financial, Field was a partner at McKinsey & Company, working in the firm’s People and Organizational Performance division. At McKinsey, Field led enterprise-scale operations for international institutions, with a focus on operating model redesign, talent strategy, HR modernization, and leadership development.
- Jason Alcorn has been appointed as the newest Chair of the Investor Advisory Panel of the Canadian Securities Administrators. Alcorn, who has served on the Panel since 2022, will assume his position on September 1. Sophie Jean has also been appointed as the Vice-Chair of the Investor Advisory Panel. Jean, who has been a member of the Panel since 2023, will assume her position on November 4.
- Abe Kohn has been tapped to serve as VP of construction at Parkview Financial, an alternative investment firm. In his role, Kohn will be overseeing various projects in the Northeast region. Kohn will be based in Parkview’s New York office and will report to Scott Denham, head of construction. Kohn, who brings more than 13 years of construction experience, will manage construction progress on loans, lead risk assessments, and monitor project performance. Prior to joining Parkview, Kohn served as associate director at Gardiner & Theobald, where he led multiple development projects across a variety of sectors.
- Chrissie Chen Pariso has been promoted to managing partner at MPowered Capital, an investment firm. Pariso, who brings over 20 years of private equity and investment management experience, will join MPowered Capital’s founder and CEO Marcia Page, as a partner of the firm. Pariso will be based in Chicago and will be overseeing the firm’s portfolio management strategies, sourcing, underwriting, deal execution, and capital formation solutions.
- Donal McMahon has been named as head of artificial intelligence & data science at Genstar Capital, a private equity firm. In his role, McMahon will work closely with Genstar’s portfolio companies to enhance the firm’s AI strategies. Prior to joining Genstar Capital, McMahon most recently served as VP of engineering, AI, and data science at Indeed. There, he built and led the company’s AI and data organization.
- Seth Johnson has joined Valiant Funds, an alternative assets platform, as VP of capital markets. As part of the role, Johnson will be focusing on “establishing and nurturing long-term relationships” with financial advisors and direct investors to support capital raising operations for Valiant’s Bitcoin mining infrastructure offering. Prior to joining Valiant Funds, Johnson was the associate VP of capital markets at Keystone National Properties. There, he specialized in tax-advantaged real estate offerings.
- Osaic Wealth has added North Carolina-based Bowman Financial Solutions, which manages $73 million in assets under administration. Bowman Financial Solutions, founded in 2011, joins Osaic from LPL Financial. The team is led by CEO Brent Bowman and includes operations manager Jared Bowman and assistant Glenda Swank. The team will work closely with Russell Hadley, managing partner at Osaic’s Alpha Omega Wealth Partners. Bowman and Hadley were previously with Woodbury Financial.
- Janus Henderson’s Securitized Income ETF has surpassed over $1 billion in assets under management since its launch in 2023. The fund is managed by portfolio managers John Kerschner and Nick Childs. The actively managed fund invests in sectors including Mortgage Credit, ABS, CMBS, CLOs, and Agency mortgage-backed securities. Also, the Janus Henderson Mortgage-Backed Securities ETF has reached over $6 billion in AUM. The ETF fund, which was launched in 2018, is managed by portfolio managers John Kerschner, Nick Childs, and Thomas Polus. The fund provides actively managed exposure to agency mortgage-backed securities.
- EquiLend, a Fintech firm, has rolled out an artificial intelligence assistant within its Data & Analytics suite. The tool is designed to assist users in interacting with securities finance and short interest insights. The assistant is now available at no cost through the DataLend interface and the Orbisa app on the Bloomberg Terminal.
- InvestCloud, a wealth technology platform, has unveiled its latest suite of artificial intelligence-powered solutions to assist financial advisors in increasing their productivity and delivering more services to clients. The latest solutions include Intelligent Screening and Intelligent Meeting. Intelligent Screening enables private banks and wealth managers to provide more tailored services across various stages of their relationships with their client base. Intelligent Meeting grants financial advisors personalized services to foster “meaningful” client interactions.
- Francisco Partners, an investment firm, will acquire Elite, a software and integrated payment solutions provider, from TPG Capital, a private equity platform. The acquisition will provide Elite with a new financial partner to help the company further its capitalization and expand on product innovation and growth. The transaction is expected to close in the third quarter of this year. Financial terms of the transaction were not disclosed.
- Atominvest, a private markets & asset management technology platform, has partnered with Intapp, an artificial intelligence-powered solutions platform. Through the collaboration of Atominvest and the Intapp DealCloud, asset managers will be able to utilize deal flow, fundraising, investor relations, and portfolio management options. The partnership will allow users to manage various operations, including deal sourcing, portfolio management, investor marketing, and lifecycle management within the DealCloud platform.
- GeoWealth, a turnkey asset management platform, has raised $38 million in its Series C funding round, which was led by Apollo. BlackRock, J.P. Morgan Asset Management, and Kayne Anderson Capital Advisors also participated in the Series C funding. In light of the funding round, GeoWealth and Apollo have formed a strategic partnership to expand access to “customizable” public-private model portfolios for registered investment advisors. The collaboration between GeoWealth and Apollo will combine GeoWealth’s unified managed account technology, driven by its proprietary portfolio management software, with Apollo’s private markets options to help clients navigate multi-asset portfolios. The funding will be used to foster innovation for GeoWealth’s UMA capabilities. GeoWealth has also acquired the TAMP assets from Freedom Advisors.
- Painswick Capital Management raised approximately $1.5 billion in the closing round for its inaugural fund, Painswick Capital Fund I, exceeding its targeted goal of $750 million. Simpson Thatcher and Bartlett LLP served as legal counsel to Painswick for the fund’s capital commitment.
- OrbiMed, a healthcare investment firm, has raised $1.86 billion in capital for its OrbiMed Royalty and Credit Opportunities Fund V. The fund will provide “tailored” investment solutions to growth-oriented healthcare companies that have an emphasis on “non-dilutive credit” and “royalty-based financing.”
- Curql, a credit union venture firm, has raised $360 million in its closing round for its fund, dubbed Curql Fund II. Following the funding, the amount brings Curql’s total assets to over $600 million. Curql plans to deploy its capital into fintech partnerships that will benefit credit unions and their members. Curql Fund II is about 40% larger than its predecessor, making it the largest fintech fundraise in credit union history and placing the fund within the top 25 venture capital raises in the first half of 2025 in the U.S., per Pitchbook’s published rankings.
- Grasshopper, a digital banking platform, has raised $46.6 million in its latest funding round, which was led by Patriot Financial Partners and included participation from Glendon Capital Management. The capital will support Grasshopper Bank’s merger with Auto Club Trust and FSB, which was completed in April, and will fuel the expansion and enhance its digital platform. Grasshopper added four new industry executives to its board of directors. The latest additions will join Grasshopper’s CEO, Mike Butler, and the six members of the board. The newest board members are James Fitzgerald, Brian Graham, Karen Solomon, and John Surgent.
- Deciens Capital, a venture capital firm, has raised $93.33 million in its final round of funding for its Fund III, which brings the total assets to $290 million. Fund III secured capital in four investments, including Grupago, Generous Energy, June Point Lending, and another in stealth, according to the firm. Deciens Capital expects to back around 12 to 15 companies from the fund. In support of expanding Fund III, Deciens has promoted Vishal Rana to partner of portfolio & operations. Previously, Rana led the firm’s portfolio support and fund strategy initiatives.
