GS Private Equity and Pacific Equity Partners have teamed to back earthmoving equipment maker Emeco in the largest Australian private equity transaction of 2004.
In one of China’s largest-ever private equity transactions, CITIC Capital and Warburg Pincus are to acquire 22.5 percent stakes in Hayao Group, a leading pharmaceutical business.
The dominant US venture capital firm has named Forest Baskett, Ryan Drant and Chip Linehan general partners.
In its second transaction in Germany in a month, the London-based buyout firm has acquired 4,500 apartments for €225m.
Following the retirement of Rod Perry, which will take effect from July 2005, Jo Taylor will assume responsibility for the firm’s global venture capital division.
If the sale of the Bulgarian mobile-phone company to Telekom Austria goes through as agreed, its private equity backers stand to make a gain of €160m less than 18 months after the original investment.
Washington DC-based Carlyle Group has launched a new growth capital team that will invest in small companies in Japan.
Hamilton ‘Tony’ James, the newly appointed president of The Blackstone Group, helped build up DLJ’s influential merchant banking business.
The €40 million investment in Lithuanian food retailer Palink is one of the largest private equity deals yet seen in the Baltic region.
In the latest high-profile private equity succession announcement, The Blackstone Group announced the appointment of Hamilton James as president, replacing Stephen Schwarzman, a founder of the firm.