News

MerchantBridge founder dies in plane crash

MerchantBridge founder Basil Al-Rahim was among seven dead in a plane crash in Iraq on Friday. A senior partner at the firm was also killed.

SocGen’s Munro switches to Asia Pacific

Gavin Munro, who has been based in London for the past decade, will now move to Societe Generale's Hong Kong office. He will focus on public-private partnerships, particularly in Australia.

Defining a standard

The Institutional Limited Partners Association (ILPA) unveiled the first part of its long-awaited second round of reporting guidelines in the form of templates last month. ILPA executive director Kathy Jeramaz-Larson speaks to PEI about the details behind the new guidelines, the role GPs played in developing them and what the next round of guidelines will look like.

State Street names EMEA private equity chief

Former HFX Capital senior executive Phil McGowan has replaced Ian Lambert as head of private equity and real estate services in the EMEA region.

Ex-Candover director resurfaces at PEP

Piers Dennison is the latest member of former Candover Partners to find a new start with a rival buyout shop.

Ex-Caterpillar CEO joins KKR

James Owens, former chief executive at construction machinery company Caterpillar, joins as a senior advisor.

Elevation loses founding partner

Co-founder of Elevation Partners Marc Bodnick is reportedly leaving the firm, whose future ability to raise funds has been thrown into uncertainty.

Palamon promotes Mytnik to partner

Following a wave of realisations in its portfolio last year, the firm is gearing up for growth with the promotion of Daniel Mytnik to the role of partner.

Paul Capital names co-head of Asia

The secondaries firm has added a principal in New York and has promoted Jason Sambanju to managing director and co-head of the firm’s Asian operations.

MSREF reshuffle sees Klopp, de Poulpiquet land top jobs

John Klopp and Olivier de Poulpiquet become both joint CEO’s and CIO’s of Morgan Stanley Real Estate Investing, the real estate investment business of Wall Street bank Morgan Stanley. Both were recruited for other roles by the bank earlier this year.