PE Firm Reorganizes Fund Management Group

Dec 1 2005 | 10:01pm ET

Private equity firm William Blair Capital Partners has reorganized its fund management group, adding three new managing directors; Kathleen Johnston, Brian Scullion and Mio Stojkovich.  The new hires were meant to replace people who had previously left the firm, said Tony Zimmer, a spokesman for the firm. He declined to comment on whether the team was preparing to launch a new fund.

Ellen Carnahan and Gregg Newmark, principals at the Chicago-based firm, will continue to lead the group, which is part of William Blair & Company.

Johnston joins the group from Lake Capital Partners, where she was a principal. Scullion joins WBCP after having spent six years with the firm's healthcare investment banking group and Stojkovich, who earlier had spent five years with WBCP, will lead technology investment for the group.

E. David Coolidge, vice chairman of the firm, will also work with team.

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