Jennifer Harris

Carlyle to pay $4.9bn for healthcare services provider(2)

The Carlyle Group is adding a healthcare services provider to its portfolio, in the midst of several weeks of whirlwind activity.

Investcorp to acquire US packaging company(2)

Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.

Freedom founder takes artistic route(3)

Nicolas Berggruen, the ex-private equity executive behind the vehicle that will take hedge fund GLG Partners public, has followed an unusual route to success.

Goldman Gao Hua head to raise domestic Chinese fund

Gao Hua chief Fang Fenglei plans to raise a domestic fund that will allow him to sidestep Chinese investment regulations that plague foreign firms.

Clearwater closes third Asia fund on $900m(3)

The New York-based firm’s latest fund closed on nearly twice its initial target.

Snow criticises carry bill

Cerberus chairman and former US Treasury Secretary John Snow has warned of the economic consequences of raising taxes for private equity.

Freedom founder takes artistic route(2)

Nicolas Berggruen, the ex-private equity executive behind the vehicle that will take hedge fund GLG Partners public, has followed an unusual route to success.

Centerbridge to pump $500m into bankrupt auto parts maker(3)

Centerbridge will buy $500 million-worth of convertible stock in bankrupt auto parts company Dana, which has reached an agreement with the United Auto Workers and the United Steel Workers unions to replace the company’s health care plans with tax-deductible trusts.

Vector raises $1.2bn for fourth fund

The San Francisco firm’s fourth, $1.2 billion fund is more than three times the size of its predecessor, allowing it to target more and larger investments.

Riverside closes third Europe fund on €315m(3)

With a new fund nearly ten times the size of its predecessor, the Cleveland and New York-based firm plans to expand its European footprint to include the Benelux region, the Iberian Peninsula, Brussels and Holland.