Maltby joins LeapFrog, Williams joins Cowboy Ventures, Arnaboldi moves to Oak Hill Capital and other notable moves and promotions for the week
From our Women's PE Briefs - week commencing May 10, 2021
Freudenberg joins Golding Capital’s impact investing team
Golding Capital Partners brings Nina Freudenberg aboard to its lead its impact investing team. Nina previously co-founded Sonanz, an impact-focused private equity firm. In that role, she offered investors a means to invest in business solutions to social and environmental problems. With German and Scandinavian investors, such as SEB and the H&M Foundation, Sonanz demonstrated the potential of a thematic sustainability strategy.
Sonanz’s strategy will serve as a blueprint for Golding’s planned impact fund. The intention is to structure the first Golding impact fund as a private equity fund of funds with clearly defined sustainable investment objectives. It will look to invest in a diversified portfolio of growth capital funds in ecotech, sustainable food and agriculture, as well as financial services. Based in Munich, Golding is an independent asset manager for private equity, private debt and infrastructure.
Modarresi joins Runway Growth as a managing director
Shayna Modarresi, who founded Lodestar Ventures, has joined a provider of growth loans. Shayna is now a managing director with Runway Growth Capital, LLC. She joins the Woodside, Calif. firm’s origination team to focus on technology investing.
At Lodestar, Shayna focused on technology companies that invest in tech companies to create lifestyle efficiencies. Her background also includes serving as an investment advisor to Correlation Ventures, being a partner with XG Ventures and managing DLA Piper’s venture group in Silicon Valley.
Multicoin Capital promotes Jiang to partner
Multicoin Capital promotes Mable Jiang after the crypto-focused firm raises a new fund. Mabel, who leads Multicoin’s efforts in Asia, is now a partner. Based in Hangzhou, China, she helps to bridge the information gap between East and West and participates on the investment team. Multicoin closed its second fund at $100 million.
Multicoin invests in cryptocurrencies, tokens, and blockchain companies. The Austin, Texas firm manages a hedge fund and a venture fund, investing across both public and private markets.
Dang joins Balance Point Capital
Balance Point Capital adds Emily Dang to its team. Emily has joined the company as an associate and will focus on deal underwriting and execution as well as portfolio management.
Prior to this role, Emily was an associate at Evercore Partners where she was responsible for analyzing publicly-traded energy companies, producing investment recommendations and research reports, and serving hedge funds and other institutional investors. She has also worked in sales and trading at JPMorgan Chase in Singapore.
Based in Westport, Conn., Balance Point is an alternative investment manager focused on the lower middle market with approximately $1.5 billion in assets under management. The firm invests debt and equity capital in select lower middle market companies across a variety of investment vehicles.
Zhu leaves J.C. Flowers to join Blue Wolf Capital Partners
Jennifer Zhu has left her role as vice president of investor relations at J.C. Flowers to join another private equity firm. Jennifer is now director of investor relations at Blue Wolf Capital Partners. In that role, she leads the firm’s investor relations, fundraising activities and marketing and communication efforts. Jennifer spent six years at J.C. Flowers. Based in New York, Blue Wolf focuses on investments in middle market companies.
LeapFrog appointed Maltby as investor relations officer after landing a $500M investment from Temasek
LeapFrog Investments adds Alice Maltby to its investor relations team following a major commitment. Leapfrog appointed Alice as an investor relations officer after landing a $500 million investment from Temasek, believed to be the largest ever commitment by an institutional investor to an impact investor.
Alice joins from Apax Partners, where she served on the investor relations team. In that role, she supported several fundraises and the development of environmental, social and governance initiatives.
Based in London, LeapFrog invests in exceptional businesses in emerging Asia and Africa, and enables leaps of growth, profitability and impact.
CAPZA adds Gauffre, Fehaili and Dan and promotes Gary
CAPZA adds Aurore Gauffre, Farah Fehaili and Erica Dan and promotes Jeanne Gary. Aurore joined the French investment firm as head of sustainability and impact. Farah came aboard to work in institutional investor relations and Erica will focus on investor relations for Japan. Jeanne was previously an associate and has now been promoted to senior associate, transition. She will oversee the structuring and developing of the company’s strategy and corporate social responsibility policy. Jeanne will also cover relations with institutional investors in France, with her former experience at the French Insurance Federation being a key asset.
Based in Paris, CAPZA focuses on small and mid-cap companies with expertise in flex equity, private debt, growth tech, mid-cap expansion, transition and senior loans.
Williams leaves Anthemis Group for Cowboy Ventures
Jillian Williams leaves her role as a principal with Anthemis Group to join Cowboy Ventures, which was founded by Aileen Lee. Jillian, who is in New York, is now a principal with Cowboy where she is focusing primarily on fintech and application layer SaaS pre-seed and seed investments.
Jillian spent nearly five years with Anthemis, whose CEO and co-founder is Amy Nauiokas. While at Anthemis, Jillian served as an observer on the boards of such companies as Koffie Labs, Happy Money, Maxwell, Kindur, Arthena and Matic. She spoke earlier this year at the Virtual Women’s Private Equity Summit.
Arnaboldi joins Oak Hill Capital as a partner
Oak Hill Capital adds industry veteran Nicole Arnaboldi to its team. Nicole, who has more than 30 years of professional and investment experience, is now a partner with the private equity firm. Most recently, she was a senior advisor and vice chairman of Credit Suisse Asset Management where she also served as the head of the direct equity partners business and oversaw the bank's legacy private equity portfolio.
In a statement, Nicole expressed her excitement to join Oak Hill and added, “I have great respect for the firm's seasoned and talented team of investment professionals and disciplined origination strategy focused on driving value creation. I am also particularly excited to work alongside the exceptional group of experienced operating professionals that Oak Hill has assembled over the last decade as we seek to strengthen our relationships with our management teams and create value at our portfolio companies.”
Oak Hill manages funds with more than $16 billion of initial capital commitments and co-investments since inception.
Byers moves from Housatonic Partners to Patient Square Capital
Nicole Byers leaves her role as a vice president with Housatonic Partners to join a health care-focused private equity firm. Nicole is now a vice president with Patient Square Capital, which was formed last year by Jim Momtazee, who formerly led KKR’s Health Care Industry Group.
Patient Square’s team also includes partner Maria Walker, who is chief financial officer; Laura Furmanski, a partner and head of Patient Square Insights; and senior research associate Emily Hartman Guthrie.
Guinee promoted to partner at Tailwind Capital
Tailwind Capital promotes Caki Guinee. Caki is now a partner. She joined Tailwind in 2014 after having worked at Lazard Freres. In her role at Tailwind, Caki focuses on the firm’s investor relations and marketing efforts and leads environmental, social and governance initiatives.
Tailwind is a private equity firm focused on growth-oriented investments in targeted sectors within industrials, technology, business services and health care. It is currently investing from its $1.78 billion third fund. Over the past year, Tailwind has deployed more than $500 million into four platform investments and 19 add-on acquisitions.
Peng joins Astarte Capital Partners as investor relations and business development director
Astarte Capital Partners adds Tingting Peng to its team. Tingting is now the London firm’s investor relations and business development director. Her responsibilities will span across investor relations, business development and advisory.
Tingting previously was head of investor relations and business development at ESO Capital. Prior to this, she was principal and COO at Real Asset Partners where she was responsible for raising capital from family offices and institutional investors across Asia and the U.S. for real estate investments. Her background also includes being an investment banker at Morgan Stanley and a hedge fund analyst at Fortress Investment Group.
Astarte is an investment firm with a focus on the real assets space.
Streeter tapped to become global co-chief investment officer at Partners Capital
Suzanne Streeter, who has headed Partners Capital’s private equity and real estate activities, has a significant new role with the outsourced investment office. As of July 1, Suzanne will become global co-chief investment officer with Alex Band, who has headed the firm’s public equities.
Suzanne joined Partners in 2015 from Babson Capital Management. At Partners, she has led the team responsible for manager selection and relationship management and also deepened its capabilities in co-investing, venture capital and emerging managers. Suzanne spoke at this year’s Virtual Women’s Alternative Investment Summit and has spoken at a past Women’s Alternative Investment Summit.
Founded in 2001, Partners employs 230 people globally and oversees assets in excess of $40 billion.