Lazard related stories
All articles and analysis
Lazard plans $100m fund for IndiaLazard will anchor the growth fund with a $25m commitment.
- Squadron promotes two to managing director
The Hong Kong-based fund of funds manager has added Wen Tan and Boris Bong to its group of managing directors, as it raises $400m for Fund II.
- Rattner departure triggers key-man issues for Quadrangle
The New York-based media- and technology-focused firm has asked LPs to remain committed to its second fund, noting it is prepared to capitalise on opportunities in the current environment.
- Rattner to join Obama administration as auto advisor
The Quadrangle Group’s co-founder and managing principal will step down from the firm to assume his new role with the US government, where he will advise Treasury Secretary Timothy Geithner and National Economic Council director Lawrence Summers on the auto industry.
- Toll-road ace tapped for Blackstone infrastructure arm
The New York firm has asked Trent Vichie of Macquarie Securities to lead Blackstone’s newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatization.
- KKR fund to charge 1% management fee, 10% carry
The private equity veteran will not apply the standard ‘2-and-20’ fee structure on its infrastructure fund, which is targeting $4bn.
- KKR targets $4bn for debut infrastructure fund
Despite the departure of George Bilicic as its head of infrastructure, the buyout shop is forging ahead with plans for its foray into the asset class.
- TSG hires AEA Investors veteran
The consumer products specialist has named John Kenney as a managing director and partner of the firm. Kenney spent ten years at AEA and assisted on the successful exit of Burt's Bees to Clorox last year for $925m.
- LPs gear up for Lehman asset sell-off
LPs in Lehman's private equity funds have retained Kirkland & Ellis and private equity advisor StepStone to guide them through the auction of Lehman's venture and private equity funds. The bank hopes to close deals in the first quarter of 2009.
- KKR names European head of infrastructure
Jesús Olmos Clavijo, former CEO of Spanish utility Endesa, will report to Marc Lipschultz, KKR’s global head of energy and infrastructure and work alongside Simon Hipperson, managing director in its European infrastructure team in London.