The Boston- and Palo Alto-based venture capital firm closes its Fund IV with significant commitments from European and Japanese investors.
The private equity firms’ joint venture, Global Energy and Power Fund II, agrees to buy the parent company of Buckeye Pipe Line Company from Buckeye Partners, L.P.
The co-founder of one of the industry’s most established and storied buyout firms has told investors he will step down a year from now to focus on his new ‘day job’ as sports team owner and family office head. Lyndon Lea steps up.
A year that begun with a degree of trepidation produced some of the biggest achievements enjoyed by private equity firms in Asia to date. The results of PEO’s inaugural Asian Awards poll reflect 2003’s successes.
The Munich-based special situations investor has closed its oversubscribed debut fund on €300m, 70 percent of which was committed by US institutions.
ABN Amro has appointed James Courtenay, formerly of CIBC World Markets, head of European high yield and leveraged finance.
Michael Batal is taking charge of the New York firm’s global private equity operations.
Drawing from both is real estate fund and private equity fund, the New York firm will take private Extended Stay America, an operator of low-priced lodging facilities.
The Cleveland, Ohio firm leads a $100 million recapitalisation of ASIMCO, a Beijing-based automotive components manufacturer.
The two chiefs of private equity at JP Morgan Chase, Jeff Walker and Richard Cashin, will both report to the financial giant’s new chairman of investment banking, David Coulter.