1 min read · 24 June 2010
1 min read · 24 June 2010
2 min read · 24 June 2010
LGT Capital Partners has closed its second global secondaries fund with $1.2 billion in capital commitments. The Swiss firm manages a total of $19 billion in private equity and hedge fund investments.
2 min read · 24 June 2010
Vindi Singh Banga has joined Clayton, Dubilier & Rice as a London-based operating partner. He previously was an executive board member of Unilever PLC, and president of the company's Foods, Home and Personal Care unit.
3 min read · 24 June 2010
1 min read · 23 June 2010
Gemini Investors has closed its fifth fund with $60 million in capital commitments, according to a regulatory filing. The Wellesley, Mass.-based firm focuses on middle-market companies in the technology, business services, consumer services, healthcare, education, manufacturing and distribution sectors. Gemini raised $58 million for its fourth fund in 2005, which followed a $180 million third fund raised in 2000. www.gemini-investors.com
1 min read · 23 June 2010
2 min read · 23 June 2010
The Ontario Teachers' Pension Plan has promoted Mark Katz from assistant portfolio manager to portfolio manager, with responsibility for originating and executing private transactions in emerging markets.
1 min read · 23 June 2010
Huron Capital has sold Ross Education, a St. Clair, Mich.-based operator of career-oriented post-secondary education. No buyer was identified. Huron did not disclose pricing details, except to say it generated a 76% IRR and 18.7x ROI.
3 min read · 23 June 2010