PEI Staff

The Boston private equity firm has promoted five professionals, including John Carroll and CJ Fitzgerald to partner.

North Atlantic Value, headed by Christopher Mills, has announced a first close of its second UK-focused buyout fund on £45m.

Bucking the trend of investment banks scaling back their principal investment activities, Goldman Sachs is reportedly preparing to raise a new mega-fund.

The longtime head of Merrill Lynch’s dominant private equity placement business is stepping down next month to become a partner at the upstart media investment group led by Silver Lake’s Roger McNamee and including rock star Bono.

A team of UK private equity professionals led by Lyndon Lea has formally separated from Dallas-based Hicks, Muse, Tate & Furst.

The San Francisco investment firm has agreed to sell Seminis, a producer of fruit and vegetable seeds, for $1.4bn, more than double what it paid for the business eighteen months ago.

The €360 million buyout of Cesare Fiorucci from the Fiorucci family is the firm's fifth investment in Europe.

The financial services company is reportedly considering the sale or closure of its $3bn private equity arm, MMC Capital.

Although the initial public offering of the Blackstone portfolio company priced below initial expectations, the total proceeds of $800m will still provide a substantial dividend for the private equity firm.

Former Rothschild’s banker Stephan Kruemmer has been appointed managing director of 3i’s German operation.