Private Equity
Lloyds Bank has promoted six professionals in four of its European offices, including former senior director Mark Craig, now a managing director in London.
2 min read · 08 February 2013
Stanley Mavromates, chief investment officer at MassPRIM, has become the latest senior executive to leave the $50bn pension fund.
2 min read · 08 February 2013
The former chief executive of BP and current partner at Riverstone singled out private equity, suggesting fewer than 1% of the people he knows in the industry are homosexual.
1 min read · 08 February 2013
Scott Schoen, vice chairman of US buyout group Thomas H Lee Partners, has stepped down from his position but will remain an advisor to the Boston-based firm.
1 min read · 08 February 2013
Jerome Powell, who founded and led The Carlyle Group’s industrial division within its US buyout fund, has been named to the Federal Reserve Board of Governors.
1 min read · 08 February 2013
The Hong Kong-based private equity real estate firm’s decision to expand its investment horizons to include private equity and infrastructure is understood to have contributed to founder and chief executive officer Rong Ren’s decision to resign.
3 min read · 08 February 2013
The President’s recent attacks on Mitt Romney and Bain Capital were openly criticised by noted Obama ally Newark, New Jersey Mayor Cory Booker over the weekend.
3 min read · 08 February 2013
Senior managing director Timothy White will transition out of GSO after the group eliminated its ability to make private equity investments in its second mezzanine fund.
3 min read · 08 February 2013
The $460bn sovereign wealth fund has been experiencing an exodus of alternative investment professionals, many of whom were hired during the fund’s initial launching of its private equity programme.
3 min read · 08 February 2013
President Barack Obama’s reelection campaign has released an advertisement highlighting Mitt Romney's and Bain Capital’s investment in GST Steel.
3 min read · 08 February 2013
