Activist hedge fund Irenic Capital Management has hired former Apollo Global Management principal E‑Fei Wang as managing director and head of private equity as the firm expands beyond public market activism, according to a report by Bloomberg.
Wang joined the firm last month after eight years at Apollo and will lead efforts to source and execute deals, including partnering with private equity sponsors on acquisitions of companies valued at up to $5bn.
Founded in 2021 by Adam Katz and Andy Dodge,...
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