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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 for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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