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Genstar in $790m research lab dealSan Francisco-based Genstar Capital will acquire clinical research organization PRA International in $790 million deal – the largest the firm has announced to date.
- Lehman Brothers poaches director for Mumbai
Lehman Brothers, the US bank, has recruited Jayanta Banerjee from ICICI Venture to become managing director of the bank’s Mumbai private equity activities.
- India’s ICICI Venture invests in healthcare
India’s ICICI Venture has made a minority investment in an Indian diagnostic centre chain Metropolis Health Services India, an acquisitive firm looking to expand overseas.