Jennifer Harris

Court Square provides $638m exit for Platinum

Platinum will realize a 2.5x return on the sale of CompuCom to Citi spin-out Court Square.

Carlyle scales back credit vehicle IPO(2)

Carlyle Capital Corporation announced a reduction in the scope of its planned Euronext IPO in reaction to volatility in the subprime loan market.

Paul Capital adds to new co-investment team

Paul Capital Investments has added former GE Asset Management VP Dan Townsend to its growing ranks.

Ex-UBS exec, Florida billionaire to raise $1bn distressed fund

Jeffrey McDermott, formerly co-head of investment banking at UBS, and billionaire Michael Heisley are targeting $1 billion for the debut fund of a new, distressed-focused private equity firm.

CCMP Asia secures $125m from Washington State(3)

In a record year of private equity investment in Asia, Washington State ups its exposure.

Bear Stearns hires new head of asset management(3)

Jeffrey Lane will replace Richard Marin as head of Bear’s asset management division, which encompasses the investment bank’s private equity arm as well as its newly established placement agent division.

Carlyle bolsters aerospace and defence portfolio(3)

Transportation communications and systems engineering company ARINC s to be purchased by The Carlyle Group, which this week has been linked with nearly $30 billion in deals and a $300 million Euronext listing.

Harvest promotes five execs(3)

The promotions at the New York-based private equity firm come soon after the closing of an $815 million fund and the completion of an ownership transition.

Blackstone to acquire medical supplier for $1.6bn

The Blackstone Group plans to acquire DJP, a supplier of musculoskeletal and vascular health services and supplies, as an add on for its portfolio company ReAble Therapeutics.

Insight Ventures closes $1.25bn fund(3)

The New York-based venture capital firm’s Fund VI is nearly twice the size of its previous fund.