Vander Vort becomes COO at Charlesbank following eight years at MPM, where he worked as COO and chief compliance officer.
He previously directed the private markets group at DuPont Capital Management and co-founded BlueStream Ventures following several years in investment banking and corporate law.
Vander Vort replaces Charlesbank co-founder Michael Thonis as COO, although the latter will continue as a managing director focused on investor relations.
He said, “John’s deep experience, leadership ability and personality are an excellent fit with Charlesbank’s values and commitment to excellence.
“We look forward to his playing a significant role in our firm’s continued growth.”
Boston-based Charlesbank closed its seventh fund with $1.5bn of commitments in 2009, meaning it could be eyeing a return to the fundraising market.
The firm’s sixth fund closed in 2005 with nearly $1bn of capital.
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