Saturday, 29 November 2014
Last updated 23 hours ago
Jul 27 2009 | 10:52am ET
Private equity firm Prophet Equity has expanded its team to focus on sourcing, structuring and closing deals in a tough market for buyout shops. In the last six weeks, Prophet has added Charles Collie and Matt McCutchen to its roster for deal support.
As an executive director, Collie brings decades of asset based lending and deal experience with PNC Business Credit, National City and National Bank of Canada. McCutchen, formerly with the ComVest Group and Sun Capital Partners, comes on board as a senior associate.
“Prophet Equity is continuing to see a surge in transaction opportunities that fit our investment sweet spot, namely strategically viable businesses that are in need of capital and operational know-how where partnering to revive cash flow is a priority for both old and new money on the balance sheet,” said CEO Ross Gatlin.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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