Sushil Cheema

Canadian pension groups launch Turkey fund(2)

Teachers’ Private Capital and the Canada Pension Plan Investment Board plan to capitalise on a growing market with Actera Partners.

Norwest Equity promotes two(2)

The Minneapolis, Minnesota-based firm has promoted two of its investment professionals, one to the level of partner and one to principal.

Sterling buys iconic New York grocer(2)

Connecticut-based Sterling Investment will help Fairway Market expand its franchise.

Evercore nabs Welsh Carson partner(2)

James Matthews will become the co-head of the publicly traded firm’s private equity business.

CCMP, Goldman in $6.4bn hospitals deal(2)

The two private equity firms have teamed up to take private Texas-based hospital operator Triad Hospitals.

RLJ Equity picks up Carlyle veteran(2)

The Robert Johnson firm has named Rufus Rivers as a new managing director.

General Atlantic invests in interactive marketer(2)

The global firm has added to its portfolio with the acquisition of AKQA.

Behrman in food packaging deal(2)

The New York private equity firm has added to its specialty packaging portfolio with the $172.5m purchase of Peacock Engineering Company.

ACON buys pizza restaurant chain

The Washington, DC-based firm joins a wave of several other firms investing in the restaurant industry with the purchase of Peter Piper, a pizza chain popular with Hispanics consumers.

US universities, young millionaires welcome alternatives(2)

Two separate studies, one by The National Association of College and University Business Officers and the other by Northern Trust, show that university endowments and some wealthy people are increasingly finding confidence in the alternative asset class.