The private equity real estate firm has added Wilson Magee and Jeff Moore to its New York office in order to build a platform focusing on real estate securities.
Vincenzo Morelli, a former CD&R executive and latterly a consultant at turnaround specialists Alvarez & Marsal, has joined Texas Pacific Group in London.
In a freak aviation accident involving a private jet, a private equity firm and a clothing store, five employees of the New York buyout shop survived a plane crash yesterday at a New Jersey airport.
The US-based global private equity firm has delivered a second major profit to investors from its holding in Bharti Tele-Ventures, the Indian mobile operator.
The US private equity firm has announced an increased bid after the UK foam rubber maker rebuffed its first offer as undervaluing the company.
Rory Cullinan, former head of equity finance at RBS, has joined Permira’s UK team while three existing staff have been made partners.
European private equity house 3i plans to merge UK coach company Shearings, newly acquired from Bridgepoint for £200m, with existing portfolio company CHG.
Darby Overseas Investments has acquired the management company of Dresdner Kleinwort Benson Emerging Europe, a $220m vintage year 2000 partnership.
Venture capitalists last year raised 170 funds totalling $17.6bn, $3.4bn more than the previous two years combined, while buyout and mezzanine funds attracted $45.8bn in 103 funds.
The New York merchant banking group, along with co-investor AIG, has signed an agreement to sell waste-to-energy business American Ref-Fuel Holdings to strategic acquirer Danielson for a total enterprise value of $2 billion.