Steve Bortnick, a counsel in the New York office of US law firm Swidler Berlin Shereff Friedman, examines the use of hybrid entities in tax structuring.
Private equity group DLJ Merchant Banking has hired three new operating executives, Ron Beegle, James Finkelstein and Larry Pickering, to fill a void left by the departure of operating head James Quella for Blackstone.
CAM Private Equity, the German funds of funds manager, has appointed three new professionals to its investment and business development teams.
Michael Ireland, a portfolio manager at Florida’s state pension fund, has joined New York-based Capital Z Investment Partners.
Doughty Hanson, the pan-European private equity firm, has announced its intention to float football clothing and equipment business Umbro on the London Stock Exchange by the end of June 2004.
The Belgian private equity firm has sold two-thirds of its stake in Barco, a Belgian electronics company, for €127m.
Mowbray launches European venture FoF; Apatech raises £6.5 million in Series B financing; KKR leads $250m pharma round; ARCH Venture closes $350m Fund VI;
Carlyle Group’s Europe Venture Partners fund has invested in its first management buyout with the £34 million leveraged acquisition of the UK’s Kingston Inmedia, a satellite service provider.
The two buyout firms have announced plans to collaborate on deals and create a global private equity entity operating in North America, Europe and Asia.
The Texas oil and gas specialist drew an A-list of limited partners.