New York-based private equity investment firm Castle Harlan has promoted Anand Philip to the position of managing director. The firm has also named Joyce Demonteverde as vice president.

Demonteverde, who previously worked at Castle Harlan as an associate from 2005 to 2008, returned to Castle Harlan from JH Whitney & Company. Philip has been with Castle Harlan since 2006 and was previously working as a vice president.

Click here for the release from PR Newswire.