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- Chester joins placement agent MVision
The former director of private equity for the New York State Common Retirement Fund will join the UK placement agent as a director.
- Lazard PE unit retrenches
The French private equity business of Lazard is to concentrate on its domestic market after dropping plans to expand into the US and Southern Europe and closing an office in Frankfurt.
- Chequers Capital closes first fund
Amid a sharp increase of activity in the French buyout market, the new fund from the former Charterhouse SA team has raised E300m.
- Chequers Capital buys French Taxation Services
PRGI, the US-based provider of recovery audit services, has agreed to sell the loss-making French business to a Paris-based private equity firm.