Matt Levin

New York commits $203m across four funds

The New York State Common Retirement Fund has re-upped with Bridgepoint and developed three new relationships.

Permira sells German telecom company Debitel for €1.63bn

The London-based buyout firm will retain a 25 percent share in mobile phone giant Freenet after the merger.

Odyssey promotes eight

Co-founders William Hopkins and Brian Kwait have been named co-presidents of the New York-based mid-market firm, while six other team members have been rewarded with promotions.

Former Refco owner faces life in prison

Tone Grant has been convicted of defrauding TH Lee and other investors during his tenure at the once-mighty commodities brokerage.

Carlyle Group distances itself from beleaguered offshoot

The alternative assets giant has issued a statement downplaying the damage credit-focussed Carlyle Capital Corporation may cause the overall franchise.

Corsair leads $985m equity infusion in US regional bank

The JPMorgan spin-out has partnered with Ontario Teachers’ and the founder of Dell Computers to rescue the subprime-hammered bank National City.

SPACs benefit from dearth of cheap leverage

Private equity veterans and blank cheque executives lauded the merits of special purpose acquisition companies at a conference today in New York, but warned the challenge is finding the right deal within a set time frame.

Private equity again trounces hedge funds in charity basketball match

‘We’re faster and quicker than them – on and off the court,' said CVC GP Rob Berner.

Brazil's Gavea grows after Harvard stake sale

Following Harvard’s purchase of a 12.5 percent stake in the alternative asset manager, Rio-based Gavea Investimentos is nearing $6 billion in assets under management.

Knight's Bridge closes first fund

The mid-market Canadian buyout firm has raised $62 million in three months.