Richard Allsopp has agreed to join fund placement and secondary advisory Campbell Lutyens as a partner. He is the former global head of private equity funds with UBS, which he left last year to form an internal fundraising operation at Babcock & Brown. Following B&B's financial troubles, he worked to help the firm's European infrastructure group spin out.
3 min read · 15 September 2009
Sundip Murthy has joined 3i Group as a principal in its North American growth equity practice. He previously was a vice president with The Carlyle Group and, before that, was with Ripplewood Holdings.
2 min read · 15 September 2009
Sixnet, a Ballston Lake, N.Y.-based provider of M2M data communications products, has agreed to acquire JBM Electronics Co., a St. Louis-based provider of networking connectivity solutions. No financial terms were disclosed. Sixnet is a portfolio company of Riverside Partners and American Capital.
2 min read · 15 September 2009
The Riverside Company has acquired Kaul GmbH, a Elmshorn, Germany-based maker of polishing, anti-sticking and release agents for the confectionary industry. No financial terms were disclosed.
4 min read · 15 September 2009
Apollo Global Management has agreed to acquire Midland, Texas-based Parallel Petroleum Corp. (Nasdaq: PLLL). The deal is valued at approximately $438 million, or $3.15 per share, including the assumption or repayment of around $351 million in debt. Apollo's equity commitment is $283.2 million.
3 min read · 15 September 2009
2 min read · 15 September 2009
1 min read · 15 September 2009
2 min read · 14 September 2009
1 min read · 14 September 2009
1 min read · 14 September 2009
