Dover Saddlery, a retailer of equestrian products, has initiated a process to identify and consider a range of operational, financial and strategic alternatives to better pursue its growth strategy. At the direction of the Board, the company has engaged Duff & Phelps Securities as its exclusive financial advisor in connection with the review process.
2 min read · 24 September 2013
GE Antares Capital, a unit of GE Capital, has appointed Chip Cushman as a managing director in GE Antares’ New York City office. Cushman will deliver the broad range of GE Antares capabilities to private equity-backed middle market companies.
2 min read · 24 September 2013
KKR, CDH and Modern Dairy have formed a new joint venture designed to deliver premium raw milk to Chinese consumers. Under the terms of the agreement, KKR, CDH and Modern Dairy will invest $140 million over the next 18 months to build two new large-scale dairy farms in China.
4 min read · 24 September 2013
This Tuesday morning First Read brings you a weekly Asian private equity update, the best biotech graduate schools, the latest private equity funds to grab Washington's attention and whether the rise of secondary buyouts is good news for investors.
1 min read · 24 September 2013
If venture is your bag this week, there are openings aplenty at Canaan Partners, Lanman Ventures and Fenox Venture Capital. On the buyout side, Belhealth Investment Partners and Vista Equity Partners are hiring.
1 min read · 23 September 2013
The Abraaj Group has realised its investment in Daniel O. Mercado Medical Center, a tertiary medical hospital based in the Philippines. Abraaj, through one of its Funds, invested in DMMC in September 2010 as the only institutional investor alongside the Mercado family.
4 min read · 23 September 2013
Consumer-focused private equity firm Brentwood Associates has hired Scott Staff as a managing director. He will be focused on business development.
2 min read · 23 September 2013
TopQ Software, a technology company founded by former private equity investors, has launched on topquartile.com. TopQ is a tool for the secure exchange and analysis of track record data between private equity fund managers and institutional investors.
5 min read · 23 September 2013
Societe Generale Private Banking has appointed Vincent Combes as global market manager for Africa, replacing Jean-Paul Rame. Based in London, Combes oversees all the private bank’s activities for African clients and is responsible for defining the global marketing approach and associated action plans for this client segment.
3 min read · 23 September 2013
BV Investment Partners has sold Butterfield Fulcrum to Mitsubishi UFJ Trust and Banking Corporation. The company provides full service fund administration including front, middle and back solutions to hedge funds, fund of funds, managed accounts, private equity and real estate funds.
2 min read · 23 September 2013