Veteran lawyer Anthony Salz, a former senior partner of Freshfields Bruckhaus Deringer LLP, has been tapped to lead a review of business practices at Barclays plc, the British bank at the center of the Libor scandal. Salz spent 30 years at Freshfields, where he worked on deals including SmithKline's merger with Beecham and Reed International's combination with Elsevier. He retired from the firm in 2006 to become an investment banker, eventually landing at Rothschild, where he is an executive vice chairman. Salz also served as a vice chairman of the BBC from 2004 to 2006.
At Barclays, Salz's review will "assess the bank's current values, principles and standards of operation and determine to what extent those need to change," the bank said in a statement. He will report to Michael Rake, Barclays' deputy chairman.
Former technology partner Ted Driscoll has been promoted to director at Claremont Creek Ventures, a seed and early-stage investor in digital healthcare and energy technology. Driscoll will head the firm's digital healthcare team. He is the founder of five companies, including Be Here Technologies, of which he was also CEO.
Peter Westley and Carol Fu have joined San Francisco investment firm Blum Capital Partners as a partner and an associate, respectively. Westley was previously a managing director at Salomon Smith Barney, a partner at ThinkEquity Partners LLC, and a partner at North Point Advisors. Before joining Blum Capital, Fu worked as a senior analyst at Maverick Capital, and held positions at the Hong Kong offices of Blackstone Group, Merrill Lynch and HSBC Securities (Asia) Ltd., as well as UBS in London.
Peter Liguori, the former chief operating officer of Discovery Communications Inc., has joined Carlyle Group as an operating executive for the alternative asset manager's New York-based telecommunications and media team. Liguori is a veteran of the entertainment industry and has served as president and chairman of entertainment for Fox Broadcasting Co., president and chief executive of FX Networks LLC, and vice president of Home Box Office Inc.'s consumer marketing division. He also serves on various boards, including Yahoo! Inc., Metro-Goldwyn-Mayer Inc. and Topps Co.
Certified public accountant Michael Bernstein is the new managing partner at accounting and consulting firm Rosen Seymour Shapss Martin & Co. LLP, succeeding Martin Greenberg. Bernstein is the partner-in-charge of consulting and due diligence services at RSSM. Other moves at RSSM include CPA David W. Ostrow's appointment as administrative managing partner, a newly created position. Ostrow is a partner at RSSM and also serves on the firm's executive committee.
Bruce Baty has been appointed the co-head of international law firm SNR Denton's insurance regulatory division. Baty will work alongside U.S. practice co-lead Kara Baysinger. Baty focuses on the representation of insurance and reinsurance companies, accident and health insurance issues, and more.
Former Thomson Reuters consulting arm HBR Consulting LLC has added Mark Kudel as a director in its systems and infrastructure division. Kudel is a former legal and strategy director with Huron Consulting Group, as well as a former director at Baker Robbins & Co. HBR also recently hired managers Joe Johnson and Colin Cahill. Johnson will join HBR's systems and infrastructure practice in Chicago, while Cahill will be in New York with the firm's document management/information management practice. Consultants hired by the firm include Samuel Berry, Christopher De Notto, Jeremy Feit, Christopher Morga, Kent Reiger, Abdullah Saleh, Daniel Smith and Ratheesh Vijayakumar. HBR was spun out from Thomson Reuters last year.
Riverside Co.'s Joseph Ibrahim has been named president of the Healthcare Private Equity Association, a trade group that represents private equity firms in the healthcare industry. Ibrahim will head the association's advocacy, research and communication efforts. Ibrahim has been with Riverside since 2008 and leads the firm's global healthcare sourcing activities.
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