Sushil Cheema
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.
The buyout of Nasdaq-listed Direct General is valued at approximately $628m.
The global private equity firm has appointed a new CEO, Javier Gavilan, to lead casual dining restaurant chain Grupo La Mansion as the firm brings its Latin American investments for the year to a total of $900m.
The Short Hills, New Jersey-based private equity firm run by three ex-Goldman pros has already made its first investment – last month’s $1.34bn power generation deal.
The appointment of Anthony Kesman to the position of operating partner has followed the closing of the firm’s $200m debut fund.
The Boston-based private equity firm has made a minority investment in Steve & Barry’s University Sportswear as the retailer strives to ‘revolutionise’ American consumerism.
A three-person development team has come together as the firm group changes its name.
Blue Wolf Capital Management has used a commitment from South African investor Johnnic Holdings to make a $110m venture into the energy sector.
Thomas H. Lee, Bain Capital and Blackstone have agreed to sell Houghton Mifflin for $3.4bn to a newly formed Irish public limited company.
Michael Angelakis has agreed to become the cable provider’s new chief financial officer in 2008.