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Weekly People Roundup: 9 November 2005

09/11/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityAll the week's most important people stories from across the globe. Essential reading for those who need to keep up-to-date with the private equity industry's key staff moves.

Beringea, the manager of the ProVen Venture Capital Trusts and Global Rights Private Equity Funds, has promoted Jeff Cornish, Trevor Hope and Jamie Kennell to the position of director. Cornish has been with Beringea since 2004 and is responsible for raising funds for Beringea's VCTs. Hope and Kennell are both responsible for making new investments and managing existing investments. They also play an active role in raising new funds. Hope has been with Beringea since 2003; and Kennell joined the firm in January 2005. Beringea is an international private equity and investment banking firm with offices in London and Detroit.

New York-based private equity investment firm Castle Harlan has appointed Gary Appel to the position of vice chairman of the firm. Most recently, Appel was vice chairman of Chicago-based private equity firm Glencoe Capital. Prior to that he served as a senior managing director at Bear Stearns & Co. in New York. Appel also spent 17 years with investment bank Donaldson, Lufkin & Jenrette, where he was a founding partner and managing director of DLJ Merchant Banking, DLJ's private equity investing arm. He left DLJ in 1995.

Jerome Bouix has been appointed as a member of CapMan's Management Group. Bouix is responsible for fundraising, investor relations and communications. The Management Group is responsible for preparation, co-ordination and decision-making of matters relating to CapMan Group's business. The Management Group is divided into two sub-groups, one of which comprises the CEO and heads of private equity investment teams and the other the CEO and heads of common Group functions.

American Capital Strategies has appointed Les Brownlee, former Acting Secretary of the US army, as an advisor to firm with a mandate to identify investment opportunities in the federal contracting market and to work in support of those investments. Brownlee retired from government service in December 2004. His military decorations include the Silver Star with Oak Leaf Cluster, the Bronze Star with two Oak Leaf Clusters, and the Purple Heart.

Cipio Partners has appointed Christoph Wedegaertner and David Mes as associates in the firm's Munich and Silicon Valley offices. Prior to joining Cipio's Munich office, Wedegaertner was an investment manager at Munich-based family investment office BTV Group, responsible for the firm's global private and public equity investment programme. Mes joins Cipio in Silicon Valley, after having been with the NESBIC CTE Fund, a pan-European early-stage venture capital firm, where he managed international venture capital investments in the software, internet services and energy sectors.

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