Hybrid cloud and the future of PE; Blackstone vet tapped for firm CFO, COO

Citco describes how hybrid cloud infrastructures are the future for PE operations; CC Capital taps Blackstone’s former treasurer as CFO/COO.

Cloud: Hybrid cloud infrastructures are the future of private equity operations, writes Citco’s Albert Bauer in this guest column. Bauer argues they can not only help modernize firms, but seed up cumbersome processes on legacy systems and increase flexibility across firm functions.

CC Capital Partners: The private investment firm announced it has hired a former Blackstone executive for CFO, COO and senior managing director, effective immediately. Founder Chinh Chu was himself once a senior managing director and co-head of private equity at Blackstone.

Email prepared by Graham Bippart