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Weekly People and Company News

Weekly People and Company News 

  • Roger Ross was appointed CEO of The Atlas Group, a supplier of complex assemblies for commercial, business and defense aerospace customers and a portfolio company of AE Industrial Partners. Ross succeeds Rick Wolf, who will become vice chairman of the board of directors. Ross most recently served as group president, Aero Systems, at Woodward Corp. 
  • Niron Stabinsky, Credit Suisse Group AG‘s head of special purpose acquisition companies and permanent capital, is reportedly leaving Credit Suisse to join Banco Santander SA. Dubbed “Mr. SPAC”, Stabinsky has advised dealmakers such as Chamath Palihapitiya, Todd Boehly and Bill Foley. 
  • Chris Ragona has been appointed partner by Generation Investment Management, a sustainable investment manager. Ragona will focus on its Long term Equity strategy. The portfolio comprises two sustainability platform businesses, FNZ and Octopus Energy. 
  • Yana Watson Kakar was hired by Caisse de Dépôt et Placement du Québec, a manager of public and para-public pension plans and insurance programs, as managing director of Americas and to lead its NY office. She will also oversee offices in Mexico and San Paulo. Kakar was previously CEO of Growth for Good Acquisition Corp. 
  • B-Flexion led an $18mn Series B financing round for Neat Burger, a plant-based food group backed by Lewis Hamilton and Leonardo DiCaprio. The startup opened its first US location in Nolita, New York in April. 
  • Trinity Hunt Partners, a growth-oriented private equity firm focused on services businesses, has made a majority investment in Centricity Research, a clinical research services provider. Terms of the deal were not disclosed. 
  • OMERS Growth Equity led a $45mn Series B financing for Carrum Health, a value-based care platform helping employers manage their spend. Revelation Partners joined as a new investor, and previous investors Tiger Global, Wildcat Venture Partners, Cross Creek and SpringRock Ventures also participated. 
  • Ancora led a Series A round for electric mobility and portable battery manufacturer LAND. The value of the round was not disclosed, and neither were the other investors involved. LAND plans to use the funding to accelerate manufacture of its flagship two-wheel electric vehicle, The District. 
  • Vista Equity Partners-backed OfficeSpace Software, a workplace management platform used by HR departments, has acquired Greetly, which functions as a digital receptionist. Financial terms of the deal were not disclosed. 
  • PSG Equity, a growth equity firm partnering with software and tech-enabled services companies, led a $175 million capital raise in Hostaway, a vacation rental software and management system. 

Save the date: Don’t miss the Connect Money: Alternative Assets Conference on June 14 in Chicago at the W City Center. Connect with industry leaders like Daniel Sobelman, Co-Founder & Managing Partner CRE Bridge Capital 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.