Claudio Phillips has joined MB Global Partners as a managing principal in New York.
1 min read · 05 January 2013
In conjunction with the closing, the Los Angeles-based firm has promoted Michael LaSalle and Andy Howard to partners, says partner Steve Royer (pictured).
1 min read · 05 January 2013
Healthcare-focused firm EDG has already begun deploying capital from its latest fund targeting $150m, according to co-founder Michael Gaffney.
1 min read · 05 January 2013
The firm has named Michael Iaccarino an executive advisor and operating executive. He will also act as chairman of CCMP portfolio company Infogroup.
1 min read · 05 January 2013
The pension has committed up to $20m to Blackstone’s sixth fund, which has been in fundraising for more than two years and is expected to close any day.
2 min read · 05 January 2013
The 28% increase in fundraising by venture firms in the second quarter relative to Q2 last year, driven largely by two successful efforts by Accel Partners, shows LPs are still willing to back top tier VCs.
2 min read · 05 January 2013
The energy investor has teamed up with sovereign wealth funds CIC and GIC to invest in Enogex, an ArcLight joint venture with OGE Energy Corporation.
1 min read · 05 January 2013
The mid-market investor has sold Canadian mining company Norcast Wear Solutions for $218m after purchasing the company the day before for $190m.
2 min read · 05 January 2013
The firm’s fifth secondaries fund of funds, launched late last year, is approaching its $3.5bn target.
1 min read · 05 January 2013
Traditional methods for evaluating private equity fund performance are ‘inaccurate and misleading’, according to recent research from consulting firm Peracs and software company eFront.
1 min read · 05 January 2013