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Sushil Cheema

Bear Stearns hires retail veteran

The private equity arm of the financial services giant has added Richard Markee, who brings a strong background in the international retail sector from his work at Toys ‘R’ Us and Target.

2 min read · 11 January 2013

New government-focused firm to make first investment

Blue Wolf Capital Management has used a commitment from South African investor Johnnic Holdings to make a $110m venture into the energy sector.

2 min read · 11 January 2013

Carlyle’s Mexico co-head joins Calderon cabinet

Luis Téllez, who helped establish the global buyout firm’s presence in Mexico in 2003, has left to take on the role of secretary of communications and transportation under the newly elected Mexican president.

2 min read · 11 January 2013

Tom Hicks to take part in $730m logistics deal

The co-founder of Hicks Muse Tate & Furst has joined with Investcorp to buy a part of Texas-based Greatwide Logistics Services.

2 min read · 11 January 2013

Avista buys publisher from MidOcean

In a $200m deal, the Credit Suisse spin-out has agreed to acquire 50 percent of Thompson Publishing Group, the other half of which it obtained from Credit Suisse in July.

1 min read · 11 January 2013

Pension funds to increase PE commitments

A new JPMorgan survey has found that roughly one-third of US pension funds will increase their allocations to private equity.

2 min read · 11 January 2013

Private equity trio to sell educational publisher

Thomas H. Lee, Bain Capital and Blackstone have agreed to sell Houghton Mifflin for $3.4bn to a newly formed Irish public limited company.

2 min read · 11 January 2013

Bain Capital makes appointment in Tokyo

Nobuyoshi Yamanaka has been named an operating partner to help oversee Bain Capital’s growing Japan portfolio.

2 min read · 11 January 2013

Former Ford advisor to lead Cerberus in Europe

Cerberus European Capital Advisors has hired Kenneth Leet to oversee the firm’s European office just one month after former US treasury secretary John Snow joined as its chairman.

1 min read · 11 January 2013

Forstmann, Princess Di monitored by governments

According to London’s Evening Standard, the US secret service had its eye on private equity vet Ted Forstmann’s relationship with the British princess in the weeks before her death in 1997.

2 min read · 11 January 2013

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