Search
by Baz Hiralal
Carlyle Group tapped managing director Neeraj Bharadwaj to focus on large growth capital and buyout opportunities in India. Bharadwaj was a managing director with Accel Partners, which he joined in 2009. Previously, he spent a decade with Apax Partners, where he was a partner in the U.S. and became a managing director and country head for Apax in India.
Peter Thiel and Ajay Royan launched venture capital firm Mithril Capital Management LLC in San Francisco, focused on growth equity opportunities. It will invest in companies that have moved beyond the traditional venture-backed stage and prefer to remain private as they mature. Thiel is chairman of the investment committee, while the team is led by Royan.
Thiel, a co-founder of PayPal Inc., is president of $700 million hedge fund Clarium Capital Management LLC and is a managing partner in VC firm Founders Fund, both of which he founded. He was an early investor in Facebook Inc. and sold about 16.8 million shares, or roughly $640 million worth, when it went public in May. He invested $500,000 for a 10.2% stake in 2004.
Royan was a managing director at Clarium, which he joined in 2003. Jim O'Neill will also be a partner in Mithril. He worked at the Department of Health and Human Services from December 2002 to October 2008 and then joined Clarium, where he was a managing director.
Macquarie Investment Management named Merrick McKay as head of European investments in its private markets team, based in London. McKay was a partner and chief operating officer with Pefox LLC, a U.K. company specializing in private equity secondary broking and derivatives activities.
Before that, he was a partner and member of the investment committee with Primary Capital Ltd., where he spent 13 years.
Société Générale Corporate & Investment Banking appointed Alexandre Huet as global head of strategic and acquisition finance. He replaces Jean-Marc Giraud, who was named head of the inspection and audit division at the parent firm. Huet had been deputy global head of strategic and acquisition finance since 2011 and joined SGCIB in 1998.
Crescent Capital Group added three professionals to its London subsidiary, Crescent Credit Europe LLP. The London office opened last year.
Steven Novick came in as a managing director and head of Europe, the Middle East, Africa and Asia Pacific investor relations and business development. Benjamin Blumenschein and James Scott-Williams joined as senior associates.
Novick was responsible for global sovereign wealth fund coverage in the investment banking department of Credit Suisse Group. Before that, he founded and led the Middle East SWF and financial sponsors group in Merrill Lynch & Co.'s investment banking division.
Blumenschein joined from Bank of America Merrill Lynch, where he was an associate in the global distressed/special situations group. Scott-Williams was an associate director in the corporate structured finance team at Royal Bank of Scotland Group plc.
HSBC Securities (USA) Inc. named Thomas Crystal as U.S. head of high-yield sales. He arrived from RBS Securities Inc., where he was a managing director in the high-yield sales desk. Before that, he was a high-yield sales executive director at Morgan Stanley.
In August, Harriet Pearson will join Hogan Lovells' privacy and information management practice as a partner. Pearson hails from IBM Corp., where she is vice president, security counsel and chief privacy officer.
Nixon Peabody LLP announced that Tushna Gamadia joined the firm's real estate practice as counsel. Gamadia, who is based in New York, was previously with Citigroup Global Capital Markets. She also practiced at Cadwalader, Wickersham & Taft LLP.
Baker Hostetler LLP said Jay Nanavati, former Department of Justice assistant chief for the Western criminal enforcement section of the tax division, joined the firm's national tax controversy and litigation practice. Nanavati joins the firm in Washington as counsel.
Wayne D'Angelo joined Kelley Drye & Warren LLP as special counsel in the environmental and energy law group in Washington. He was previously counsel to the American Petroleum Institute.
Clippings from the next column:
-- Mark Williams replaces Nomura Holdings Inc.'s head of investment banking for Asia excluding Japan, Patrick Schmitz-Morkramer.
-- Tim Peach becomes named head of Man Group plc's Asia operations.
-- Crédit Agricole Corporate and Investment Bank appoints Danielle Baron as head of the project finance NIP Latin America group.
-- Gores Group LLC's Matt Thompson joins Skyview Capital as a vice president, portfolio operations.
-- Antoine Babule becomes CEO of Newedge USA LLC.
-- Wendy Mayall joins insurance firm LV= as chief investment officer.
In August, Harriet Pearson will join Hogan Lovells as a partner. Pearson hails from IBM Corp., where she is vice president, security counsel and chief privacy officer.
