ILPA

StepStone Group Publishes 2023 Responsible Investment Report

Retrieved on: 
Thursday, April 25, 2024

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has released its 2023 Responsible Investment Report , which presents an analysis of StepStone’s Environmental, Social and Governance (ESG) integration and stewardship activities, as well as an overview of the firm’s Diversity, Equity & Inclusion (DEI) performance and climate-related activities within its investments and operations.

Key Points: 
  • NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has released its 2023 Responsible Investment Report , which presents an analysis of StepStone’s Environmental, Social and Governance (ESG) integration and stewardship activities, as well as an overview of the firm’s Diversity, Equity & Inclusion (DEI) performance and climate-related activities within its investments and operations.
  • “As the responsible investment landscape grows more complex – stemming from the inherent intricacies of many ESG considerations, such as responsible supply chains, climate change, and nature – both GPs and LPs are paying more attention,” said Suzanne Tavill, Partner and Global Head of Responsible Investment at StepStone.
  • “We appreciate the constructive support across the private markets investment community as we find solutions, clarify best practices, and seek efficiencies.”
    Highlights of the report include:
    The Responsible Investment Process: StepStone has designed a five-stage process that applies across asset classes.
  • “StepStone’s responsible investment program underpins our ability to deliver tailored investment solutions, advisory services and data-driven insights to our clients,” said Scott Hart, Partner and CEO at StepStone.

Star Mountain Capital Bolsters Secondaries Team Adding Former $500+ Billion in Assets Truist Bank’s Head of Private Capital Manager Research, Ravi Ugale, as a Managing Director

Retrieved on: 
Tuesday, January 23, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240123124540/en/
    Ravi Ugale, Star Mountain Capital Managing Director (Photo: Business Wire)
    Ravi Ugale has over 30 years of private capital fund and direct investment experience, business operations, governance, and leadership experience.
  • His alternatives investment experience includes private credit, secondaries, private equity, venture capital and real assets.
  • “With over 10 years of success in private credit and private equity secondaries, and with growing opportunities in these asset classes, we’re thrilled to welcome Ravi to join our team.” said Brett Hickey , Star Mountain Capital Founder & CEO.
  • In addition, he oversaw selection and coverage of illiquid and semi-liquid long dated assets within private equity, private credit, private real estate, and private real assets.

Private Equity Women Investor Network (PEWIN) Names Industry Veteran Emily Mendell as Next Executive Director

Retrieved on: 
Tuesday, October 3, 2023

Private Equity Women Investor Network (“PEWIN”), the pre-eminent organization for senior-level women investment professionals in private equity, today named Emily Mendell as its next Executive Director.

Key Points: 
  • Private Equity Women Investor Network (“PEWIN”), the pre-eminent organization for senior-level women investment professionals in private equity, today named Emily Mendell as its next Executive Director.
  • View the full release here: https://www.businesswire.com/news/home/20231003485295/en/
    Ms. Mendell brings to PEWIN three decades of leadership within the venture capital and private equity ecosystems.
  • Ms. Mendell succeeds Kirsty McGuire who served as PEWIN’s first executive director from 2021 until 2023 and remains active within the organization.
  • This work could not be any more important, especially as women continue to make strides in terms of senior representation in private equity.

PitchBook Appoints Paul Stoddart as Chief Marketing Officer

Retrieved on: 
Wednesday, September 27, 2023

SEATTLE, Sept. 27, 2023 /PRNewswire/ -- PitchBook, the premier data provider for the private and public equity markets, today announced the appointment of Paul Stoddart as Chief Marketing Officer. In his role, Stoddart will lead PitchBook's global marketing team made up of core marketing functions including, brand, creative and media, revenue marketing and operations, SEO, web, events, strategic partnerships and public relations. Stoddart's extensive experience will be instrumental in scaling the company's growth in new and existing markets, ensuring a consistent and holistic brand experience and introducing operational efficiency and effectiveness to continue driving momentum for PitchBook. Just in the first half of 2023, PitchBook experienced 22.8% increase in revenue, grew the team to nearly 4,000 team members and executed integration milestones for LCD, following its $650M acquisition in 2022.

Key Points: 
  • SEATTLE, Sept. 27, 2023 /PRNewswire/ -- PitchBook , the premier data provider for the private and public equity markets, today announced the appointment of Paul Stoddart as Chief Marketing Officer.
  • In his role, Stoddart will lead PitchBook's global marketing team made up of core marketing functions including, brand, creative and media, revenue marketing and operations, SEO, web, events, strategic partnerships and public relations.
  • Prior to joining PitchBook, Stoddart was the CMO of Salesforce's Customer and Partner Success and Services portfolio.
  • I'm looking forward to inspiring new thinking on the art and science of effective marketing at PitchBook."

Colmore announces launch of Term Intelligence

Retrieved on: 
Tuesday, June 6, 2023

LONDON, June 06, 2023 (GLOBE NEWSWIRE) -- Colmore , a Preqin company and an industry leader in services and technology for private market Limited Partners (LPs) and allocators, announced the launch of Term Intelligence .

Key Points: 
  • LONDON, June 06, 2023 (GLOBE NEWSWIRE) -- Colmore , a Preqin company and an industry leader in services and technology for private market Limited Partners (LPs) and allocators, announced the launch of Term Intelligence .
  • Term Intelligence is the first product available to LPs, GPs and Service Providers that can solve these challenges.
  • He is one of the lead architects of Term Intelligence, together with Heather Heys, Vice President Legal, UK.
  • Heather is the product manager for Term Intelligence and leads the Legal Review function at Colmore.

Dynamo Software Accounting Solution Recognized for Product Innovation and Excellence

Retrieved on: 
Thursday, February 23, 2023

Alternative investments FinTech Dynamo Software , today announced that its product, Dynamo Accounting , has been recognized with the “Best Client Accounting (US)” award at The Second Annual WealthBriefing WealthTech Americas Awards 2023.

Key Points: 
  • Alternative investments FinTech Dynamo Software , today announced that its product, Dynamo Accounting , has been recognized with the “Best Client Accounting (US)” award at The Second Annual WealthBriefing WealthTech Americas Awards 2023.
  • In light of growing demand for technology partners in the wealth management industry, the WealthTech awards recognize the providers that showcase first-rate performance and innovation.
  • Their aim is to determine which organizations best demonstrated innovation and excellence during the last year.
  • “We are deeply appreciative to receive this recognition from such a respected publication,” said Hank Boughner , CEO of Dynamo.

AE Industrial Partners Strengthens ESG Team with the Promotion of Jennifer Essigs to Head of ESG

Retrieved on: 
Monday, January 30, 2023

"We congratulate Jennifer  on her promotion, which is reflective of her contributions to our firm and AEI's continued commitment to developing a best-in-class ESG program," said Mike Greene, Managing Partner of AEI.

Key Points: 
  • "We congratulate Jennifer  on her promotion, which is reflective of her contributions to our firm and AEI's continued commitment to developing a best-in-class ESG program," said Mike Greene, Managing Partner of AEI.
  • Ms. Essigs, who joined AEI in 2021, previously served as the Firm's Director of ESG and Human Capital.
  • In this role, Ms. Essigs led AE Industrial's participation in the ESG Data Convergence Initiative (EDCI) and the Initiative Climate International (iCI), as well as an ILPA Diversity in Action signatory.
  • "I'm honored to lead the Firm's effort in establishing a world-class ESG program, which is central to creating more value across our portfolio," said Ms. Essigs.

Maranon Capital Becomes a Signatory to ILPA Diversity in Action Initiative

Retrieved on: 
Thursday, December 22, 2022

Maranon Capital, L.P. (“Maranon”) announced today that it has become a signatory to the Institutional Limited Partners Association’s (“ILPA”) Diversity in Action initiative.

Key Points: 
  • Maranon Capital, L.P. (“Maranon”) announced today that it has become a signatory to the Institutional Limited Partners Association’s (“ILPA”) Diversity in Action initiative.
  • ILPA launched the Diversity in Action initiative as a means for demonstrating the industry’s collective commitment to advancing diversity, equity and inclusion (DEI), by identifying both the breadth of support for DEI among both LPs and GPs as well as calling out the specific actions being undertaken and progress made over time.
  • “We are proud to be a signatory and look forward to collaborating and learning from our peers to make our industry more diverse and inclusive,“ said Laura Albrecht, Managing Director at Maranon.
  • “This initiative aligns with Maranon’s ongoing efforts of fostering, cultivating and preserving a culture of diversity, equity and inclusion for our employees, partners and community.”
    As a signatory, Maranon is committing to specific actions that advance diversity, equity and inclusion, both within its organization and the industry more broadly.

COLUMBIA HELICOPTERS NAMES MIKE TREMLETT AS PRESIDENT/CEO

Retrieved on: 
Monday, December 12, 2022

AURORA, Ore., Dec. 12, 2022 /PRNewswire/ -- Columbia Helicopters ("Columbia" or the "Company") announced today that Executive Vice President Michael Tremlett has been named President/CEO effective January 1, 2023, to replace current President/CEO Steve Bandy who is retiring at the end of the year. Mr. Bandy will remain on the Columbia Board of Directors as Vice Chairman to continue to support the Columbia team. Columbia is a portfolio company of AE Industrial Partners, a U.S.-based private equity firm specializing in aerospace, defense & government services, space, power & utility services and specialty industrial markets. 

Key Points: 
  • Mr. Bandy will remain on the Columbia Board of Directors as Vice Chairman to continue to support the Columbia team.
  • Mr. Tremlett joined Columbia as Vice President of Business Development in December 2021 and was promoted to Executive Vice President in July 2022.
  • "Through Steve's leadership, Columbia Helicopters was positioned to quickly pivot and grow its services despite a constantly shifting economic climate.
  • Columbia Helicopters is the global leader in heavy-lift helicopter operations and a trusted expert in maintenance, repair, and overhaul services.

Second Front Systems Raises Oversubscribed $32 Million Series A to Scale its DevSecOps Platform

Retrieved on: 
Wednesday, December 7, 2022

"It's a national security imperative for warfighters to have access to the best possible software tools to achieve their mission," said Peter Dixon, CEO at Second Front Systems.

Key Points: 
  • "It's a national security imperative for warfighters to have access to the best possible software tools to achieve their mission," said Peter Dixon, CEO at Second Front Systems.
  • "That demands a modern, scalable approach to accrediting and continuously delivering applications at the speed of operational relevance."
  • This announcement follows 2F being awarded a two-year Prototype Other Transaction agreement by the Defense Innovation Unit (DIU) for its Proving Grounds project .
  • Second Front Systems (2F) fast-tracks government access to disruptive, commercially-proven, software-as-a-service (SaaS) applications for national security missions.