Cowen and Company has hired James Stone as a new Managing Director and Head of the firm’s Financial Sponsors Coverage. Mr. Stone is based in New York and reports to Chris McCabe and Kevin Raidy, Co-Heads of Investment Banking at Cowen and Company. “I am delighted to welcome James to the firm,” said Jeffrey Solomon, […]
Archives for July 17, 2012
Babson Capital Creates New Energy Finance Group
Babson Capital Management has created a new Energy Finance Group and hired four seasoned industry veterans with more than 90 years of experience financing power generation and related energy infrastructure projects. The new group will focus on mezzanine debt and equity investments in energy and infrastructure projects owned and operated by middle-market and smaller privately […]
CalSTRS Records 1.8% Return in Latest Fiscal Year
Nearly flat investment returns of 1.8 percent at CalSTRS reflect the highly volatile and challenging global markets of the 2011-12 fiscal year. The return rate is well below the actuarial assumed rate of 7.5 percent and 150 basis points below the policy benchmark, the fund’s performance measuring stick. The CalSTRS Investment Portfolio’s market value for […]
Cotton Creek Capital Adds New Associate
Cotton Creek Capital announced today that Anil Ali has joined the firm as an Associate. Prior to joining Cotton Creek Capital, Mr. Anil was an Analyst with Harris Williams & Co. in Boston where he worked on a range of industries and focused on M&A transactions and minority private placements. Mr. Ali earned his BS […]
High Street and Greyrock Exit Data Source
High Street Capital and Greyrock Capital Group have announced the sale of DSI/Data Source, a business process outsourcing service organization, to Inverness Graham Investments. Data Source is a business process outsourcing service organization that provides document design and distribution and other “back-office” services to multi-location businesses such as commercial franchises, auto dealerships, retail insurance, branded […]
