Carl Marks Advisors—The New York consulting and investment banking advisory firm to middle market companies has added five employees: Benjiman Godbout, a consulting vice president; David Bernstein and David Nimmo as consulting associates; and Parker Condie and Anthony Dombkowski as investment banking analysts. Godbout has 10 years of financial services experience, including financial restructuring and investment banking, most recently as a vice president at Yenni Capital within the private equity investment team. Bernstein has worked from 2012 to 2015 as an analyst at AMERRA Capital Management LLC, where he developed dynamic cash flow models and performed ad hoc financial forecasting and analysis. Nimmo most recently worked at Grant Thornton, where he was a client manager in the financial advisory division, working on corporate finance and restructuring engagements. Condie previously worked at HSBC Bank USA (NYSE: HSBC) as a corporate banking analyst, managing the underwriting process for new and existing lending relationships between HSBC and middle-market companies. Dombkowski was previously was an intern at Delancey Street Partners.
Digital Capital Advisors The New York digital media and tech focused investment bank has hired Sarah Shaikh as a vice president and Brian Larsen as an analyst. They will be based in New York and further expand the firm's cross-border transaction capabilities in the technology-media-telecommunications sectors. Shaikh has worked 10 years in media and finance, starting as an analyst at the Synapse Group. She was an associate at TD Securities in New York and founded Vsdox, a digital signature and workflow company, and most recently worked as senior manager of business development and strategy at XO Group. Larsen worked as a seasonal analyst last year with Jegi in Boston.
Foley & Lardner LLP The international corporate law firm has added Andrew Kurzon to its private equity and venture capital practice as a partner in Boston. Kurzon’s practice focuses on PE fund formations, including venture capital, life sciences, infrastructure, buyout, fund-of-funds and non-traditional funds, plus PE transactions, including co-investments and secondary transactions, for both PE funds and capital sources clients. He joins Foley from WilmerHale.
Friedman LLP The New York-based accounting firm has added Michael Sacco as an audit partner working from the New York office. Sacco has more than 15 years of experience with privately held companies in consumer products, apparel, manufacturing, distribution, wholesale, importing, real estate investment funds and financial services. Prior to joining Friedman, he worked with CBIZ MHM LLC and its predecessor, Mahoney Cohen & Company CPAs.
Hammond, Kennedy, Whitney & Company Inc. The Indianapolis and New York based middle-market private equity firm has named Ted Kramer CEO, in addition to his current role as president. Glenn Scolnik and Jeff Wood, the chairman and former CEO, respectively, were named managing partners. Kramer joined the firm in 2001, leading sourcing activities since 2002, and was appointed president last year. He also serves on the investment committee and the board. Wood joined the firm in 2006 and served as CEO since 2009. Scolnik joined in 1993, served as CEO from 1998 to 2008, and served as chairman since 2009.
Harvest Partners LP—The New York middle-market private equity firm has hired Marc Unger as chief financial officer. Previously Mr. Unger was the CFO and chief operating officer of CCMP Capital Advisors, and before that he was CFO of UBS Capital Americas. Unger started his career with Ernst & Young.
Hilco Valuation Services LLC—The Northbrook, Illinois, appraiser hired Karin Gorynski as senior vice president, business development. Gorynski, who will be based in New York, will focus on financial institutions, advisers, investors and owners in New York, New Jersey, Connecticut, Rhode Island, Maine, Vermont, New Hampshire, Pennsylvania, Maryland and Washington, D.C. She joins from GE Capital, where she most recently served as senior vice president of equipment sales.
Houlihan Lokey—The New York-based investment bank (NYSE: HLI) hired Stephan Hartman for the firm’s M&A group within corporate finance, where he will focus on mid-cap public companies. He is based in New York. Hartman joins from Apollo Global Management (NYSE: APO) where he was a managing director and head of the global acquisitions deal sourcing group. Before Apollo, Hartman led cross-border M&A teams and business development at EuroConsult M&A and G.C. Andersen Partners. He also worked in leveraged finance and financial sponsors at Deutsche Bank Securities and Lehman Brothers, and practiced corporate law.
JMI Equity— The Baltimore and San Diego-based growth equity firm focused on software and services companies has promoted Kathy Fields to general partner. She joined the firm in 2013 and will continue as general counsel. JMI also announced a list of new hires and promotions: Krishna Potarazu and Suken Vakil were promoted to principal, Chris Rhodes was promoted to vice president and Maggie Schmitt was promoted to vice president and controller. New hires included Vincent Prajka as principal, Sureel Sheth as vice president and Jackie Coombe as vice president, investor relations and marketing.
Jones Day—The law firm has added partners William Axtman and Marcia Kelson in its Pittsburgh office and Stephen Olson in its Houston office. Olson is part of the energy practice and formerly was a partner at BakerHostetler. He will focus on energy industry M&A, private equity investments, capital markets transactions and corporate governance. Axtman is working in the firm’s M&A practice, and Kelson has joined the employee benefits and executive compensation practice. Both were partners with K&L Gates LLP in Pittsburgh. Axtman has experience with domestic and international M&A, joint ventures, recapitalizations and complex commercial arrangements. Kelson has advised public, private, nonprofit and government clients on the structuring, implementation, administration, correction and termination of benefit plans.
Milbank, Tweed, Hadley & McCloy—The New York-based law firm has added two corporate partners, formerly partners at Jones Day, in New York. Robert Kennedy and Brien Wassner have both worked in public and private M&A, with a focus on private equity deals, including portfolio company acquisitions and joint ventures. Kennedy has worked on M&A in health care, communications, energy, commodities and financial services sectors during his 22-year legal career. Wassner has transactional experience in consumer products, retail, conventional and renewable energy, utilities, transportation, commodities, life sciences and pharmaceuticals, health care, technology, financial services, and media and entertainment.
Trident Fund Services—The global independent alternative funds administrator has hired Thalius Hecksher for a new position, global director, to lead the growth of the firm. Hecksher has more than 20 years of experience in global financial markets, specializing in hedge funds, private equity, liquid alternatives, family offices and wealth management.
TwinBrook Capital Partners—The Chicago and New York based middle-market direct lending subsidiary of Angelo, Gordon & Co. has hired Betsy Booth as a vice president of underwriting. Booth comes from the Chicago office of Ares Capital Management. Before Ares, she worked at Madison Capital Funding with other current TwinBrook Capital employees.
UHY LLP—The New York-based certified public accounting firm has promoted Mark Witte principal. Witte, who has worked for the firm’s Albany office for 12 years, provides income and sales tax expertise for businesses in multiple industries, as well as corporate accounting services for income taxes and income-tax planning, compliance, and consulting for high-net-worth individuals.
U.S. Bank The $419 billion bank (NYSE: USB) has hired Tom Cassidy as senior vice president and business development head for the sponsor finance division, leading a national team of bankers serving private equity firms. Cassidy, who is based in New York City, has three decades of senior leadership experience at corporate and sponsor finance platforms. He started at Manufacturers Hanover as a founding member of the special finance group. During his tenure through a series of bank mergers, he served as managing director in the Chemical Bank leveraged finance group, co-head of acquisition finance at Chase Manhattan and as a managing director in the JPMorgan Chase sponsor coverage group.
Wet Seal LLC—The Foothill Ranch, California-based young-women’s clothing and accessories retailer has named Melanie Cox as CEO. Cox, a member of the company’s board, succeeds Ed Thomas, who led Wet Seal through a restructuring. Philadelphia private equity firm Versa Capital Management LLC took Wet Seal private earlier this year, closing the deal in April. Wet Seal had filed to reorganize under Chapter 11 bankruptcy protection in January, closing 338 stores and leaving open 173 stores. Cox has worked on five successful turnarounds, and she has experience working as merchandising manager for Wet Seal, Urban Outfitters (NASDAQ: URBN), Contempo Casuals and the Clothestime; leading Scoop NYC and Gymboree Corp.; and serving as an operations executive for private equity firms.
William Blair—The global investment banking and asset management firm has hired Beth Satterfield as a managing director and head of market development, a new role, and Derrick Roth as a managing director in the firm’s consumer and retail investment banking group. Since 2011, William Blair’s investment banking group has roughly doubled its number of bankers. Satterfield will work closely with the firm’s sector banking teams. Prior to William Blair, she was chief operating officer of Aurora Investment Management, a firm that focuses on hedge funds. Previously, she was managing director, chief operating officer and chief financial officer at Glencoe Capital, a private equity firm. She also served on Glencoe Capital’s investment committee and on the board of directors of the firm’s portfolio companies. Roth will lead William Blair’s efforts in the softlines retail and apparel sectors, working from the San Francisco office. He joins the firm from from GCA Savvian in San Francisco, where he was a managing director and led the consumer and retail investment banking practice.