PE Hub Staff

TCW Cans Chief Investment Officer

China Pacific Insurance To Raise $3.6 Billion IPO

EQT May Offer Under €300 Million for Springer

Allied Aviation Seeks Audience for IFLC Purchase

Balderton Exits YOOX

Balderton Capital, a European venture capital firm, has listed YOOX Group, an Italian online fashion retailer, on the Milan stock exchange. Balderton Capital invested in YOOX Group in 2002 and was the largest institutional shareholder. Post the offering and new fund-raising, Balderton still remains the largest shareholder.

Sidley Austin Opens Palo Alto Office

Law firm Sidley Austin is opening an office in Palo Alto, California. The firm will launch the office with lawyers practicing in the areas of corporate, technology transactions and IP litigation.

Parthenon Invests $15 Million in Seaside National Bank

Parthenon Capital Partners completed a $15 million investment in Seaside National Bank & Trust, a nationally-chartered commercial bank headquartered in Orlando, Florida. The investment will be made through the bank’s holding company, Three Shores Bancorporation, with funds from Parthenon Investors III, L.P. The investment made by Parthenon Capital Partners was complemented by investments from Lovell Minnick Partners, Continental Investors and a group of existing shareholders for a total of over $40 million.

Riveron Hires Biz Dev Director

Riveron Consulting, a consulting firm serving private equity funds, expanded into the Chicago market with the hiring of Jason Apple as director of business development. Apple was previously Mrsenior vice president of business development for Houlihan Lokey.

Janney Montgomery Scott Hires Blackwood

Janney Montgomery Scott, an investment bank and financial services firm, hired of Peter A. Blackwood as Managing Director in the Technology & Services Investment Banking Group. Prior to joining Janney, he served as Principal and Head of the Internet & Digital Media Group at Merriman Curhan Ford & Co. where he was responsible for the origination and execution of public equity, private equity and M&A advisory transactions.

H.I.G. Buys NARS

H.I.G. Capital completed an investment in National Asset Recovery Services "NARS," a St. Louis, Miss.-based provider of accounts receivable management and outsourcing services. Terms were not disclosed. Greenberg Advisors represented H.I.G. Capital and Reprise in this transaction.