General Atlantic has added to its Hong Kong and Mumbai teams with the new hires of Jeff Leng and Ranjit Pandit.
2 min read · 04 January 2013
A $105 million, New Jersey-focussed venture fund has been established by the state’s investment division along with US investment bank Lehman Brothers.
1 min read · 04 January 2013
Private equity generated the highest return of VRS’ assets, outperforming the overall fund by 11.6 percentage points.
1 min read · 04 January 2013
The firm has hired two new managing directors to lead its investor relations activities for its private equity fund of funds and hedge fund businesses in New York and Toronto.
2 min read · 04 January 2013
The private equity firm will acquire the medical imaging business of Bristol-Myers Squibb, adding a sixth company to its healthcare portfolio.
1 min read · 04 January 2013
Morgan Stanley will buy US supermarket chain Tops for $310 million. The deal is the US investment bank’s second since re-launching its private equity division last year.
2 min read · 04 January 2013
Gordon Brothers’ private equity arm has sold specialty retailer Spencer’s Gifts to ACON Investments after streamlining its business and redesigning its stores.
2 min read · 04 January 2013
Activist filmmaker Robert Greenwald’s latest project is a series of short films depicting the “corporate excesses” of private equity executives, beginning with Henry Kravis.
2 min read · 04 January 2013
Lehman Brothers is following the example of Golman Sachs, KKR and others in launching a fund that will pick up deal-related debt at a discount.
2 min read · 04 January 2013
Former Intersouth general partner Don Rainey has joined Maryland venture firm Grotech Partners.
1 min read · 04 January 2013
