Suzanne Weinstock

Paladin leads $1bn Brazilian ethanol financing

The 'homeland security' private equity firm has led a consortium spanning three continents to launch Vital Renewable Energy.

Harvard to sell $1.5bn in private equity stakes

The $37bn university endowment will make substantial cutbacks to its private equity portfolio, which one secondary investor calls a 'sophisticated' move to sell before other LPs do the same.

Study: Equity injections rise in Europe

According to S&P, this year private equity firms have supplied 46 percent of portfolio companies breaching covenants with equity injections, up from a 20 percent response rate in 2006.

Lehman fund of funds loses 6.8%

Lehman Brothers Private Equity Partners, which is unaffiliated with the collapsed investment bank, saw its losses for the year nearly double during the month of October.

Panorama promotes Jung to partner

The venture firm, which spun out of JPMorgan in 2005 but still manages its venture program, has added Michael Jung to its partnership. Jung has been a member of the Panorama investment team since 2003.

Colorado pension hires CEO from Illinois pension

Dan Slack, executive director of the Illinois State University Retirement System, will replace Bill Morris who is retiring from the Fire & Police Pension Association of Colorado.

KKR hires BoA executive to lead communications

Peter McKillop, a senior communications executive for Bank of America, has agreed to join the private equity mega-firm to ‘tell the KKR story’. KKR recently put off its IPO, expected to complete this year, until 2009.

August acquires two home care companies

The firm has purchased Enara and First Call in a nascent buy-and-build play in the UK home care market. Last spring, August exited residential care company Healthcare Homes after eight add-ons.

Yaletown holds first close on $65m

The Canadian venture firm is targeting $100m for its second fundraising effort. Yaletown focuses on early stage cleantech and IT companies in Western Canada and the US Pacific Northwest.

Bayside acquires air cargo company

Just months after portfolio company Gemini Air Cargo went out of business, the distressed specialist has purchased air courier Flight Express.