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The Wire

Aug. 19, 2021

Crosspoint’s Hugh Thompson on cybersecurity opportunities, Avista co-founder Tom Dean to step into chairman role

 

Happy Thursday! 

 

Check out our latest Spotlight podcast featuring reporter Milana Vinn interviewing Hugh Thompson, managing partner at Crosspoint Capital, about the state of cybersecurity. Thompson touches on areas of vulnerability and opportunities in helping secure consumer data. Check it out here. 

 

Also, Avista Capital’s co-founder and co-CEO, Tom Dean, will transition to the role of chairman as of the end of this year. David Burgstahler, who co-founded Avista with Dean in 2005 and who has been co-leading the firm, will become sole managing partner and CEO, the firm said in a statement. Read it here on PE Hub. 

 

Book: On vacation, I read about halfway through the bio of John Adams by David McCullough. The story is so absorbing that, at the end of our vacay, I felt like I was leaving an old friend. Highly recommended. 

 

That’s it for me! Have a great rest of your day. Hit me up with tips n’ gossip, feedback or book recommendations at cwitkowsky@buyoutsinsider.com or find me on LinkedIn.

 

Read the full PE Hub Wire column here on PE Hub. 

 

 

Also of note (may require subscriptions)

Continue: Continue fund deals have mostly been done by well established GPs, but one deal in the market involves Nexus Capital, a firm formed in 2013. Nexus is moving two assets out of its 2018 second fund and into a continuation pool for more time and capital to manage the companies. It’s the rare example of a younger firm and fund finding ways to extend holds over treasured assets. Read it here on Buyouts.