Allegiance Capital— David Lonsdale (pictured), president of the Dallas private equity firm, is resigning. Lonsdale announced that he would be selling his stock back to Allegiance and pursue other interests. Terms of the sale of his stock were not disclosed. He served with the financial sponsor for roughly 10 years. As co-owner of Allegiance, Lonsdale helped grow the firm to more than 50 people, with additional offices in New York and Chicago.
Genstar Capital — The private equity firm appointed Harry Totonis to the firm’s strategic advisory board. Totonis, who began his career with a 15-year stay at Booz Allen & Hamilton, most recently served as CEO of Surescripts. He also served as group executive at MasterCard Worldwide from 2004 to 2009 and CEO of Kinexus from 2000 to 2004.