Hilco Global appointed Eric Kaup and Ben Nortman, two of its leaders with more than 20 years at the firm, to the newly created positions of co-chief commercial officers. They will provide strategic and business development leadership at the holding company level.
David Kurtz will join Hilco Global as vice chairman and chief strategic officer. Kurtz has 40 years of experience and was most recently at the financial advisory firm Lazard, where he had been vice chairman of U.S. investment banking and head of global restructuring since 2012.
Northbrook, IL-based Hilco Global made a $50,000 donation to Sunrise Day Camp-Chicago, a new day camp for children with a cancer diagnosis and their siblings, which will open this June in Lake Zurich, IL.
Hilco Digital Assets invested in Squadhelp.com, a naming platform that combines artificial intelligence, crowdsourcing and gamification to provide branding solutions to companies. The two companies also entered a joint venture partnership to launch a domain marketplace.
Institutional investor La Caisse de dépôt et placement du Québec (CDPQ) acquired a minority stake in Hilco Global, an independent financial services company. Following the transaction, CDPQ will own 27% of Hilco Global.