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Kevin Albert to join Elevation PartnersThe longtime head of Merrill Lynch’s dominant private equity placement business is stepping down next month to become a partner at the upstart media investment group led by Silver Lake’s Roger McNamee and including rock star Bono.
- U2 singer joins new buyout firm
Bono, the singer for rock group U2, will reportedly be a managing director at Silicon Valley ‘venture buyout’ firm Elevation Partners, launched by former Silver Lake Partners co-founder Roger McNamee.