Africa-focused private equity firm Development Partners International has backed South Africa-based telecom company Q-Venture. The firm has raised €272m toward its debut fund, which it aims to close on €400m in 2009.
1 min read · 05 January 2013
The alternative investment arm of banking giant Morgan Stanley has appointed Christophe Nicolas to help it to take advantage of the increase in secondary transactions in the private equity market.
1 min read · 05 January 2013
The Beverly Hills-based private equity firm has recruited the Paris-based managing partner of Naxos Capital, Robert Lezec, to head up the company’s global transactions. OpenGate had an active end to 2008, acquiring major stakes in British modelling agency Models 1 and US TV Guide Magazine in December.
2 min read · 05 January 2013
Ian Jackson has been hired as a director for The Carlyle Group's distressed and corporate opportunities arm. He will be 'deployed' to help invest the firm's latest distress fund, Carlyle Strategic Partners II, which closed on $1.35bn in April 2008.
1 min read · 05 January 2013
This is the second exit in as many weeks for the private equity firm, following the sale of modelling agency Models 1 to OpenGate Capital earlier this month.
1 min read · 05 January 2013
Only half of the 32 participating private equity firms are in full compliance with the BVCA-backed Walker Guidelines, the first report shows. The guidelines were established in 2007 by David Walker. Participating private equity firms include The Blackstone Group, 3i and Kohlberg Kravis Roberts.
2 min read · 05 January 2013
Three high profile socialists and MEPs have written to the EU Commission president to demand action proposals for private equity regulations, following a war of words triggered by remarks from EU Commissioner Charlie McCreevy in December.
2 min read · 05 January 2013
Philadelphia-based clean technology investment firm Element Partners has appointed Kathleen McGinty, the first female leader of the White House Council of Environment under President Clinton, as operating partner.
1 min read · 05 January 2013
The value of the UK private equity buyout market dropped to its lowest level for more than 13 years during the final quarter of 2008, according to recently published research.
1 min read · 05 January 2013
The listed European buyout firm has appointed Fredrik Arp as senior advisor to lead investment in the Nordic region of Europe. Arp is the former chief executive officer of Volvo, but left the firm last year after a three year stint at its Swedish headquarters.
1 min read · 05 January 2013
