Moelis & Co. has held a $1.8 billion first close on its new fund, just five months after founder Ken Moelis left his position as head of investment banking for UBS.
Actis, the emerging market buyout investor, has hired Lim Meng Ann, a former China-based GIC Special Investment executive to head its China operations. Lim replaces Chin Bay Chong, who left Actis at the start of the year.
The head of the Ontario Teachers’ Pension Plan, Claude Lamoureux, will retire in December and be replaced by Jim Leech, senior vice president of the pension’s private equity arm.
The head of the Ontario Teachers’ Pension Plan, Claude Lamoureux, will retire in December and be replaced by Jim Leech, senior vice president of the pension’s private equity arm.
The head of the Ontario Teachers’ Pension Plan, Claude Lamoureux, will retire in December and be replaced by Jim Leech, senior vice president of the pension’s private equity arm.
Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax. Formation of the opposition group comes just one day before the House Ways and Means Committee is due to discuss private equity-related taxes.
Former Intersouth general partner Don Rainey has joined Maryland venture firm Grotech Partners.
General Atlantic has added to its Hong Kong and Mumbai teams with the new hires of Jeff Leng and Ranjit Pandit.
Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax. Formation of the opposition group comes just one day before the House Ways and Means Committee is due to discuss private equity-related taxes.
Former Intersouth general partner Don Rainey has joined Maryland venture firm Grotech Partners.