People Moves of the Week
The most recent hires from investment banks, law firms, private equity groups and corporations
Advent International Corp. – The private equity firm announced that Harry Debes, former president and chief executive officer of Lawson Software, has joined the firm’s operating partner program. Debes joined Lawson Software in 2005 and sold the company to Infor in earlier this year. Previously, he was president and chief executive officer of SPL WorldGroup Inc., a leading provider of enterprise software to the utility and government market, which was acquired by Oracle in 2006.
AlixPartners LLP – William Callender joined as a managing director in the financial services practice in the New York office. Previously, he was a managing vice president at First Manhattan Consulting Group LLC, focusing on strategy, risk assessment, governance and performance measurement for financial institutions worldwide.
Cassel Salpeter & Co. – The investment banking firm hired Joseph Smith as a director. Smith most recently held the position of senior vice president at Catalyst Financial and prior to that he was a principal and head of investment banking for Capital City Partners. He also worked as a principal and managing director for First Equity Corp. of Florida.
Clearsight Advisors Inc. – The investment bank’s founders Joel Kallett and Greg Treger hired former colleague Gretchen Guandolo to be a partner and managing director at the newly founded firm. Guandolo, who first worked with Kallett and Treger at Updata Capital for seven years, began her career as a consultant in the emerging markets group at Arthur Andersen. Most recently, she was a director at PricewaterhouseCoopers, where she led the firm’s federal transactions group, structuring transactions that involved assets acquired by the government during the global financial crisis. Previously, she held senior investment banking roles at KippsDeSanto and Agility Advisors.
CIT Group Inc. - A small business and middle market financer appointed Jeffrey Kilrea managing director in its sponsor finance group. Prior to CIT, Kilrea was co-president of the corporate finance business for CapitalSource Inc.
ICAP Inc. - The brokerage firm hired Gary Pettit from MF Global to fill a new position. As global head of financial futures and options, Pettit will be based in London and report to deputy chief executive Gary Smith. ICAP also poached 25 other former MF Global staff members from London, New York, Chicago and Sydney.
Jefferies & Co. – The investment bank added Thomas Seitz to its New York office as a managing director and equity research analyst specializing in telecommunications. Some of the companies he covers include AT&T, Century Link, Cogent Communications Group, Frontier Communications, Leap Wireless, MetroPCS, Sprint Nextel and Verizon. Seitz joins the firm from Height Analytics, an equity research boutique firm, where he was a managing director covering the tech, media and telecom (TMT) industry. Previously, he was a senior vice president at Barclays.
Oak Hill Capital Partners – The firm announced that Jeff Epstein, the former executive vice president and chief financial officer of Oracle, has joined the firm as senior advisor. He will advise on existing and prospective private equity investments, with a focus on the technology industry. Prior to working at Oracle, Epstein was CFO at several public and private companies, including DoubleClick, acquired by Google in 2007 for $3.1 billion, and King World Productions, which was acquired by CBS in 2009 for $2.5 billion. Earlier in his career, he was an investment banker at The First Boston Corporation. He is currently on the board of directors at Priceline.com.
Riveron Consulting LLC – The financial consulting firm specializing in private equity funds announced that Chaitan Fahnestock is heading back to the firm’s Dallas office in a new role as managing director. Chaitan first served as vice president in the Dallas office in 2006 before moving to Riveron’s Chicago office as a managing director in 2009. In addition, Ellen Smith and Chris Jantz were named directors. Smith’s prior experience includes client service and business development roles with Ernst & Young, PricewaterhouseCoopers and J.P. Morgan Chase. Jantz previously worked for the hedge fund PBL Capital, as well as Greatwide Logistics, Trinity Industries and Enron
Tiger Capital Group LLC – Bradley Snyder joined the Boston-based investment advisory firm as a managing director. Snyder will focus on business development, acquisitions and auctions. Prior to TCG, he spent 13 years as a partner at law firm Looney and Grossman LLP, and 12 years at Gordon Brothers Group LLC, where he was a principal and managing director. More recently, Snyder was an equity partner and operating managing partner at Infinity FS Brands LLC, where he participated in the debt financing in Fredericks of Hollywood. In 2010, he launched Bradley W. Snyder Enterprises, a Boston-based advisory and investment group.
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