By  on March 13, 2008

Paul Charron, former chairman and chief executive officer of Liz Claiborne Inc., and Paul Tierney, who recently resigned from Claiborne's board, are teaming up for a new venture.

The two Claiborne alums are joining with John J. Ross 2nd, managing partner of banking firm Fidus Partners, to form an affiliate of Fidus that will make both mezzanine-level and full private equity investments in small- and mid-cap consumer firms, including fashion and retail.

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