2 min read · 28 January 2010
1 min read · 28 January 2010
2 min read · 28 January 2010
Christian Voss has joined Atlantic-Pacific Capital as a partner in its direct private placement group. He previously was head of private capital markets for Cantor Fitzgerald.
3 min read · 28 January 2010
Carilion Clinic has agreed to merge its for-profit lab business with Spectrum Laboratory Network, a Greensboro, N.C.-based portfolio company of Welsh Carson Anderson & Stowe. The combined company would have around 2,600 employees and more than $300 million in annual revenue. As a precursor, Carilion will spin out diagnostic consulting group Chi Solutions into an independent company.
3 min read · 28 January 2010
Abraaj Capital is raising $50 million for a private equity fund that would invest in small and mid-sized businesses in Palestine. It already has held a $15 million first close from Abraaj and publicly-owned investment fund The Palestine Investment Fund.
6 min read · 28 January 2010
The Carlyle Group has named Annie Paydar as the London-based head of human resources for the European and MENA regions. She previously led HR activities for the firm's New York office.
2 min read · 28 January 2010
Advent International has acquired Xafinity, a UK-based pension services and employee benefits company, from Duke Street Capital. No pricing terms were disclosed for the deal, which included leveraged financing from Ares Management, Babson Capital, Bank of Ireland, Barclays, Calyon, Lloyds TSB Corporate Markets and Royal Bank of Scotland. Xafinity reported income of £136 million for the fiscal year ending March 31, 2009.
3 min read · 28 January 2010
Axiom Asia has closed its second Asia-focused fund-of-funds with $950 million in capital commitments. The firm originally targeted $750 million, with Probitas Partners serving as placement agent.
3 min read · 28 January 2010
Earth Capital Partners, a private equity firm focused on renewable energy, has hired a sustainable agriculture and forestry investment team from IBIS Capital Management and EMP Global. It includes: Bosworth Monck, Richard Smith and Gabriel Montana.
2 min read · 28 January 2010
