Jennifer Harris

Forstmann teams with former HBO head for $250m media fund(3)

Private equity legend Ted Forstmann is returning to active investment, after winding down his own firm in 2004. He is raising a $250 million media and entertainment fund with Chris Albrecht, formerly the head of HBO.

Sun Capital affiliate to offer $544m for Kellwood(4)

Sun Capital's public securities arm has offered $544 million for apparel marketer Kellwood.

Goldman raises $600m Asian FoF

Goldman Sachs Private Equity has raised $600 million for its first pan-Asian fund of funds.

Riverstone hires BP top brass(3)

Riverstone has hired former BP executive Ralph Alexander, just weeks after appointing BP's former CEO, Lord Browne, to lead its European activities.

WashingtonVC founder passes torch

Tech start-up entrepreneur Eric Litman has crossed over to venture capital, taking the reins of WashingtonVC from founder Mike Mann.

Stone Point raises $2.25bn(2)

The Marsh & McLennan spin-out has raised $2.25 billion for Trident IV, which will target the insurance and financial services sector.

Ex-UBS exec Ken Moelis holds first close on $1.8bn(4)

Moelis & Co. has held a $1.8 billion first close on its new fund, just five months after founder Ken Moelis left his position as head of investment banking for UBS.

Clear Channel becomes latest LBO to extend closing

Bain and TH Lee have pushed back the closing deadline by six months for their $27.5 billion buyout of Clear Channel. Goldman Sachs recently did the same for its $1 billion buyout of Myers Industries.

Istithmar opens Shanghai office

Dubai investment group Istithmar has opened an office in Shanghai; it is the firm’s first office outside of the United Arab Emirates.

Fox Paine co-founder sues his colleagues(3)

Saul Fox has filed a lawsuit against his firm’s co-founder, Dexter Paine, claiming that Paine is trying to force him out of the firm.