Daniel Dantas, who once managed Brazil's largest private equity fund, was arrested yesterday on suspicion of heading a criminal organisation; the executive has been embroiled in a long string of legal conflicts stemming from his alleged mismanagement of the Citigroup-affiliated private equity fund.
2 min read · 04 January 2013
Scott Meyer will join the New York-based private equity firm as an entrepreneur-in-residence focussed on sourcing investment opportunities in the internet sector.
2 min read · 04 January 2013
The Long Island, New York-based firm has held a final close eight years after the close of its $213m predecessor fund, which targeted both venture capital and buyouts.
2 min read · 04 January 2013
The hardware, software and technology services giant and Russia-focussed investment firm UFG Asset Management have funded the launch of Almaz Capital.
2 min read · 04 January 2013
The Shariah-compliant venture firm has invested in Aspen Aerogels along with Lehman Brothers Venture Partners, Reservoir Capital Group and Rockport Capital Partners.
2 min read · 04 January 2013
Non-existent public offerings and slowing M&A activity have led venture firms to extend holding periods and have sparked secondary activity as stakeholders seek liquidity.
3 min read · 04 January 2013
Rupert Murdoch’s News Corporation may receive $1.7bn in exchange for relinquishing majority control of publicly listed subsidiary NDS Group to the global private equity firm.
2 min read · 04 January 2013
Private equity firms no longer lead the pack, according to recently released global M&A data from mergermarket.
1 min read · 04 January 2013
Client services head Jeanine Neumann has died following a battle with cancer. She spent 22 years at the Boston middle-market private equity firm.
1 min read · 04 January 2013
The New York Common Retirement Fund, the third largest in the US, has made public recent commitments to CVC Capital Partners’s recently closed mega-fund and Leichtman Capital Partners mid-market fund, which is targeting $1bn.
1 min read · 04 January 2013
