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Weekly People and Company News

Weekly People and Company News

Timothy Hall was named CEO by Relation Insurance Services, a national insurance brokerage backed by private equity firm Aquiline Capital Partners. Hall succeeds Joe Tatum, who will remain a member of the board of directors. Hall joined the firm in 2019 as EVP and head of M&A before being promoted to president.

Paul Todd joined TTV Capital, an early stage fintech venture capital firm, as a venture partner. Todd served as Senior EVP and CFO at Global Payments before retiring last year. He was also CFO at TSYS and President and CEO of the Synovus Financial Management family of companies at Synovus.

Francisco Sorrentino joined DigitalBridge Group, a digital infrastructure alternative asset manager, as chief people officer. He was previously chief human resources officer and operating partner at Softbank Group. Stephen Stryker joined as chief information officer, succeeding the retiring Mark Serwinowski. Stryker was most recently CTO at Värde Partners.

Antonia Schwartz was named head of investor relations for Lotus Infrastructure Partners, an investor and developer in the energy and infrastructure sectors. Prior to joining Lotus, Schwartz was head of investor relations at Waud Capital Partners.

Mariia Eroshin was hired as managing director Certuity, an independent multi-family office wealth manager. Eroshin was previously SVP and private wealth advisor at UBS Financial Services and director and private banker at Citi Private Bank, leading an ultra-high-net-worth team.

Summit Partners, a global growth equity investor, has made an investment in TradingHub, a provider of risk-based software services for financial markets.

Brookfield Infrastructure Partners LP and Ontario Teachers’ Pension Plan have acquired Compass Datacenters LLC, a designer of data centers for hyperscalers and cloud providers, from RedBird Capital Partners and the Azrieli Group.

Bessemer Venture Partners led a $50 million Series B round for Render, the modern cloud for application developers and teams. Existing investors Addition, General Catalyst and the South Park Commons Fund also participated in the funding. The company also announced Bessemer’s Elliott Robinson and Addition’s Todd Arfman will join its board of directors.

Maveron, a consumer-only and early-stage investor, and Goggle Ventures led a $16.75 million Series A round for Caraway, a digital healthcare company for Gen Z. Returning investors include 7wireVentures and Hopelab Ventures, with new participation from Wellington Access Ventures, Ingeborg Investments and The Venture Collective. OMERS Ventures, a seed stage investor in Caraway, will remain on the Board.

Scopia Capital Management led a $50 million Series E round for specialized urgent care practice PM Pediatric Care. Jefferson River Capital also participated in the round.

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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.