PE Hub Staff

Merrill Loses Head of Asia I-Banking

Charterhouse Selling Lucite for $1.6 Billion

Charterhouse Capital has agreed to sell Lucite International to Mitsubishi Rayon Co. for approximately $1.6 billion in cash. Lucite is a UK-based chemicals company that focuses on the manufacturing of methyl methacrylate. It is being advised by Deutsche Bank and Merrill Lynch.

Butler Sells SNCM Stake to Veolia Transport

Actis Buys Into Beijing Hot Pot Co.

KKR Financial Cuts Dividend, Gets More Time on Debt

GE Cuts National Wholesale Liquidators Credit

Canadian Court Denies Injuction To Stop BCE Buyout

Rob Hamwee Joins New Mountain Capital

Rob Hamwee has quietly joined New Mountain Capital, the New York-based private equity firm currently investing out of a $5.1 billion generalist fund. He’s a onetime Blackstone Group pro, who joined Greenwich Street Capital Partners (GSC Partners) in 1994. He would become the firm’s president, and chairman of its specialty finance affiliate GSC Capital Corp. (which tried to list a REIT, but failed to do so). He currently has active voicemails at both New Mountain and GSC. peHUB has left messages, and will update this item if and when new information becomes available.

SVG Year-End Portfolio Valuation To Take Hit

Towerbrook Raises $2.8 Billion for Third Fund