Altius Associates Ltd. — The private equity firm has appointed William Charlton as a partner and head of U.S. investments. He will work out of Altius’ U.S. headquarters in Richmond, Va. office. Charlton joins from BH Equity Research in San Jose, Calif. where he was managing partner. Before that, he was managing director and founder of Context Private Equity Alpha, a fund–of–funds manager.
Carlyle Group LP (Nasdaq: CG) — The Washington, D.C. private equity firm has expanded its management committee, naming Michael Arpey head of fund investor relations; David Marchick, head of global external affairs; and Mitch Petrick, head of global market strategies. Arpey joined Carlyle in November 2010 and was a member of its operating committee. Marchick was a previously a partner at Covington & Burling, while Petrick spent 20-years at Morgan Stanley.
Highland Capital Management LP — The investment management firm appointed Nikki Aquino Gill as director of business development and David Lyon as director of client services. They will be based in the firm’s Dallas headquarters where Gill is expected to develope the firm’s growth initiatives, including fund formation and asset gathering, while Lyon oversees client services and communication. Prior to Highland, Gill was a director at Bank of America Merrill Lynch, where she focused on Asian institutional sales and managing mutual fund and hedge fund client relationships. Before that, she was a senior investment Analyst at William M. Mercer Investment Consulting. Lyon’s previous experience includes director at TPG Capital, hedge fund accountant at Maverick Capital, and senior audit associate for Ernst & Young.
Jones Day – Kevyn Orr (above), a partner in the law firm's business restructuring and reorganization practice, has been tapped to serve as emergency financial manager for Detroit. Michigan governor Rick Snyder, through the State of Michigan's Local Emergency Financial Assistance Loan Board, named Orr to the position, which requires him to him to oversee a major turnaround effort in Detroit. The city’s financial problems include annual cash shortages and about $14 billion in long-term liabilities, Orr said at a March 14 news conference. Orr has testified before the U.S. Congress on bankruptcy and financial institution regulation and was a legal adviser to Chrysler LLC when the car maker filed Chapter 11 in April 2009. At the beginning of 2013, Orr was named the Partner-in-Charge of Jones Day's new Miami office. Jones Day's largest office is located in New York.
Lincoln International LLC – Barry Freeman (left) has joined the investment bank’s global health care group in Chicago as a managing director. Freeman was previously with Summer Street Capital, a middle-market private equity fund with over $550 million in assets under management. Before that, he spent 14 years with Lazard, and its predecessor Goldsmith Agio Helms.
TAP Advisors – James Kahan, a former senior executive vice president at AT&T Inc.(NYSE: T), has joined the the New York-based investment banking boutique’s advisory board as a senior adviser. In this role, Kahan will provide strategic advice and counsel to TAP’s senior leadership regarding the telecommunications sector. Kahan, a 40-year veteran in the telecommunications industry, was responsible for domestic and international mergers, acquisitions, joint ventures and venture capital investments while at AT&T. He helped orchestrate roughly $200 billion in deals, including the 2006 acquisition of BellSouth Corp. Kahan retired from AT&T in June 2007.
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