This week there are job vacancies at venture veteran Benchmark Capital and secondaries specialist Coller Capital. Buyout behemoth Blackstone is also seeking a deal assistant for its growing Park Hill Secondaries team.
1 min read · 18 June 2013
DFJ Esprit has promoted Scott Sage to partner. The promotion recognises his ongoing success as a venture capitalist at DFJ Esprit, and as a hands-on partner valued by portfolio company executives.
2 min read · 18 June 2013
Alternative investment specialist LGT Capital Partners has been awarded a multi-alternatives mandate from Kingfisher Pension Scheme. The mandate is focused exclusively on alternative investments and includes hedge funds, commodities, insurance-linked securities, property, private equity and other alternative asset classes.
2 min read · 18 June 2013
German Equity Partners III, the private equity fund managed by ECM Equity Capital Management, is selling its majority shareholding in KADI AG, Langenthal, a Swiss producer of frozen food, to the Munich based private equity company Paragon Partners. The parties have agreed not to disclose the purchase price or other details of the transaction.
3 min read · 18 June 2013
Franklin Resources, which operates as Franklin Templeton Investments, has acquired the remaining 80 percent stake of alternative investments specialist Pelagos Capital Management to become a 100 percent equity stakeholder. Franklin Templeton acquired its initial 20 percent equity stake in Pelagos in 2010.
3 min read · 18 June 2013
Nathan J. Kutt has joined Hunton & Williams LLP's Miami office as counsel to its financial institutions section. Kutt has more than a decade of experience with bank regulatory matters, capital and acquisition strategies, operational issues, and controlling and passive private equity investments.
2 min read · 18 June 2013
This morning read all about the top 20 US cities for venture; UK VC fund performance trailing behind its US counterparts, the latest tech deal update and more.
1 min read · 18 June 2013
Waha Capital, an Abu Dhabi-based investment company, has acquired Anglo Arabian Healthcare. The business is a new healthcare group set up to own and operate hospitals, clinics, pharmacies and diagnostic centres across the United Arab Emirates.
4 min read · 17 June 2013
Campton Private Equity Advisors, a private equity fund-of-funds advisor, has appointed James H. Grossman as a senior advisor to the firm. Grossman brings significant experience to the Campton team, as a venture capital and private equity principal and attorney, as a board member of private and public companies and as an international arbitrator with experience in commercial and intellectual property matters.
2 min read · 17 June 2013
Hilco Brands, the brand investment and management division of Hilco Global, has acquired the Portico® and Under the Canopy® brands from New York-based Portico Brand Group. Hilco Brands is a private equity firm that acquires and manages high-growth consumer lifestyle brands.
3 min read · 17 June 2013