Home Authors Posts by Amanda Janis
After months of speculation and market chatter, Carlyle has confirmed its recruitment of three African private equity specialists including StanChart’s former head of African private equity, Marlon Chigwende, and former Ethos partner Danie Jordaan.
The MENA-focused firm, which has deployed 75% of its $200m debut fund, has sold its stake in APR Energy to one of its co-investors, Albright Capital Management, and Soros Fund Management.
Sonja Terraneo, formerly global head of industrials for Permira, will further CD&R’s reach into the industrials sector and German-speaking countries as it readies for an increase in European deal activity.
Property refurbishing company HWA – behind the recent renovations at London’s V&A Museum – is Privet Capital’s latest portfolio company.
The African private equity house has partnered energy trading firm Vitol to purchase most of Shell’s downstream assets in Africa.
Chairman Howard Marks told PEI Oaktree tends to return cash rather than seek fund extensions, particularly given changing market conditions for distressed investing.
Strong rebounds across the Permira portfolio were reported in SVG’s 2010 earnings statement, which also detailed £77.4m in private equity distributions linked to deals including TDC and Cognis.
Flynn, who last year left her role as co-CIO at Hermes GPE, has joined Coller as an IR-focused partner as it aims to raise $5bn for its sixth fund.
Castle Creek, one of the first firms to register as a bank holding company in the mid-90s, has closed Fund IV with commitments from LPs including Morgan Stanley AIP.
The 6-year-old distressed debt affiliate -- which is also rumoured to be raising a new distressed debt fund -- beat its $400m target.