Paine & Partners Adds To Frontline

Apr 25 2008 | 10:57am ET

San Francisco- and New York-based private equity firm Paine & Partners has hired Bjarni Ármannsson and Frank Reite as operating directors focusing on opportunities in the Nordic region, with an emphasis on the seafood, energy and financial services industries.

“Our relationship with Frank began 10 years ago when he was an executive in the seafood industry at Aker, and continued through his tenure at Glitnir Bank,” said Dexter Paine, founding partner of Paine & Partners. “Bjarni was named CEO of Glitnir, one of Iceland's largest banks, at the age of 31 and served in that role for over seven years. Frank's and Bjarni's experience and vast knowledge base will help us expand our investments in a new and exciting direction and capture additional opportunities in Europe and the Nordics that represents new markets with growth opportunities for Paine & Partners.”

Paine & Partners is currently investing its $1.2 billion Capital Fund III, raised last year.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Expert Says Scale Of Baillon Classic Car Find Rare

Dec 29 2014 | 3:40am ET

Forget about hedge funds, buying rare, classic cars could be called the ultimate...

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.