Kleiner Perkins dealmaker John Doerr and Centerbridge co-founder Mark Gallogly are among 16 people who have been chosen to counsel the president on US economic recovery.
2 min read · 05 January 2013
The firm’s appointment of former Goldman Sachs executive Suzanne Donohoe, who will also oversee capital raising for KKR, continues its recent expansion amid further reductions in staff by many other private equity firms.
2 min read · 05 January 2013
The London-based venture philanthropy firm has hired former Goldman Sachs executive director Meredith Niles as it seeks to double the size of its portfolio in the next four years.
1 min read · 05 January 2013
The New York-based private equity firm will purchase the outstanding shares of PharmaNet Development Group for $5 a share in a deal valued at close to $100 million.
1 min read · 05 January 2013
A recent amendment finalised between The Blackstone Group and special purpose acquisitions company Hicks Acquisition makes it easier for either party to back out of an agreement to take Graham Packaging public in a $3.2bn IPO.
2 min read · 05 January 2013
Profits in the fourth quarter for the New York-based firm, which manages more than $1tn in assets, were hit especially hard by hedge fund and real estate losses.
2 min read · 05 January 2013
Paul Charron, who joined Warburg in 2007, will replace Ripplewood chairman Harvey Golub at the global foods company. Charron will begin chairing the company in August 2009 as it seeks to expand in new markets like Russia and China.
1 min read · 05 January 2013
The private equity branch of French bank Crédit Agricole has bolstered its special situations and venture capital groups, with an eye toward Germany and northern Europe.
1 min read · 05 January 2013
The two-year-old New York-based firm’s deal with avVenta Worldwide comes after looking at nearly 150 potential investment opportunities in 2008.
2 min read · 05 January 2013
The distressed buyout firm’s acquisition of nearly 70% of First Bank & Trust could lead to further banking asset purchases in the future.
1 min read · 05 January 2013