Annette Alexander has been promoted to partner at Carey Olsen. Alexander, who has been with the firm since 2001, advises private equity firms on fund formation and regulation.

Raed Alfayoumi has been promoted to head of financial sponsors in Opus Bank's (Nasdaq: OPB) merchant banking division. Alfayoumi joined Irvine, California-based Opus earlier in 2016 from MUFG Union Bank will be responsible for maintaining relationships with middle-market private equity firms.

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