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.
The Chicago middle-market firm agrees to buy up debt-ridden Jays Foods, a snack food maker known for its line of potato chips in the US Midwest.
The California pension is backing a vehicle sponsored by consultant Pacific Corporate Group that will buy preferred shares in publicly traded WebMD, an online health services information company.
PEO's North American Private Equity Personality of the Year 2003 Award goes to David Bonderman of Texas Pacific.
Blackstone, Sequoia, Carlyle, CD&R and Texas Pacific are among the winners of PEO's inaugural North American Private Equity Awards.