Middle market private equity firm Littlejohn & Co. has moved its chief financial officer, Deborah Jorde, to the newly created role of investor relations and fund marketing support.
Kenneth Warren, formerly vice president of finance at New York investment firm Quadrangle Group, will take over the role of CFO at Littlejohn. Before joining Quadrangle in 2005, Warren was CFO of Clearwater Capital Partners.
Jorde has been at Littlejohn since 2001. She joined the firm after working at Rutledge Capital as CFO and controller. Prior to that, she was an audit manager at Coopers & Lybrand for eight years.
Her new role was created in response to the expansion of the number and complexity of funds under management, the firm said in a statement.
The Greenwich, Connecticut firm currently manages three funds with committed capital of $1.6 billion (€1.1 billion). The firm’s most recent fund was closed in 2005 with $650 million in committed capital. The firm raised an additional $200 million for that fund in 2007, after receiving approval from its investors to broaden its mandate to include non-control investments.