Dave Keating

Monte Brem, the president of the asset management division at gatekeeper Pacific Corporate Group has resigned, along with three other top executives.

After serving at posts at several major telecommunications companies, David Dorman will join the New York-based firm as a senior advisor.

Andrew Sossen, who represented KKR Financial in its $900m IPO last year while with Simpson Thacher, will become the REIT’s new general counsel.

The amateur voyeurs posting on YouTube may not be the only ones competing for a few fleeting moments in the spotlight. As more and more video-sharing sites try to become the next big thing, VCs are vying for their attention and pouring in funding. Dave Keating reports.

The New York-based firm will buy GE Advanced Materials, General Electric’s second largest unit.

The New York-based firm has closed its second fund oversubscribed, exceeding its initial target of $200 million.

Caste Harlan and its Australian affiliate CHAMP have merged several barley malting companies to form a new global company with $400 million in revenues.

Eliokem, a Paris-based manufacturer of niche specialty chemicals, will be exited to AXA Private Equity.

The firm has relocated its San Francisco office to the city’s financial district and transferred managing director Paul Yett to the new office.

In the latest in a string of investments in the financial technology sector, the Boston-based firm has acquired 3i Group’s majority stake in software vendor SmartStream Technologies.