Affiliated Managers Group (NYSE: AMG) has agreed to acquire private equity fund-of-funds manager Pantheon Ventures from Russell Investments (a unit of Northwestern Mutual Life Insurance Co.). The deal is valued at $775 million in cash, plus the possibility of additional earn-outs over the next five years. Russell Investments had purchased Pantheon in 2003.
4 min read · 10 February 2010
1 min read · 10 February 2010
1 min read · 10 February 2010
2 min read · 10 February 2010
Mike McTighe has joined General Atlantic as a special advisor, with a particular focus on Europe. He is chairman of Pace, Volex Group and WYG Group.
3 min read · 09 February 2010
Richard Leonard and Michael Koike have joined the private equity group of Angelo, Gordon & Co. as a managing director and vice president, respectively. Leonard previously was a managing director with Bruckmann, Rosser, Sherrill & Co., while Koike was a vice president with Ripplewood Holdings.
2 min read · 09 February 2010
1 min read · 09 February 2010
Jeff Howe has joined Jefferies as a managing director in the firm's financial sponsors group. He previously was co-head of leveraged finance origination and restructuring at Credit Suisse.
2 min read · 09 February 2010
2 min read · 09 February 2010
Lawrence Larose and Samuel Kohn have joined the New York office of Winston & Strawn LLP, as partners in the law firm's restructuring and insolvency group. William Grant has joined as senior counsel in the firm's M&A practice. Larose previously was lead counsel for MBIA Insurance Corp., Kohn was with Dewey & LeBoeuf and Grant was with Willkie Farr & Gallagher.
3 min read · 09 February 2010