Pundits are questioning the merits of the $45bn proposed buyout of Dallas, Texas-based utility company TXU by KKR, TPG, and Goldman Sachs.

European cleantech investments have surpassed €1b, and analysts are predicting that the sector is now ready to mature, moving from component solutions to commercial packages. Dave Keating reports.

Riccitiello’s move to his former employer, videogame maker Electronic Arts, closely follows the Elevation’s loss of executive-in-residence, music veteran Les Bider.

The California State Teacher’s Retirement System began the search after shifting its focus from fixed income assets to alternatives assets late last year.

The introduction of a new bill in Texas may heighten the state’s authority to block the KKR- and TPG-led $45bn bid for the Dallas utility company.

The hedge fund giant has solidified its private equity office in China with the appointment of a former JPMorgan pro Liang Meng.

As expected, Pacific Equity Partners and the co-founders of Australia’s Flight Centre failed to receive enough shareholder support to take the listed travel agency private, after its largest shareholder voted against the deal.

Mezzanine specialist Intermediate Capital has appointed a new head of investor relations, as it looks to enhance its transparency to institutional backers.

Guy Hands, chief executive of buyout firm Terra Firma, has reportedly warned his peers and rivals they must win over the mob by better explaining themselves, if they are to improve their public image.

European venture capital firm Advent Venture Partners has invested $5m in The Fizzback Group, a customer feedback provider. The firm has become a minority shareholder alongside angel investors.