Private Equity

News

A return to the spotlight

Matteo Arpe, former star of the Italian banking sector, has gone back to his roots in search of future profits. Andy Thomson reports

4 min read · 05 January 2013

Fortress exited Jackson investments

Fortress Investment Group, which bought more than $250m of Michael Jackson's debt in 2003, has no remaining investments related to the pop star, according to sources. Private equity had played a role in helping Jackson avoid bankruptcy in the past few years.

2 min read · 05 January 2013

Grove Street hires top academic

Josh Lerner, the Jacob H Schiff Professor of Investment Banking at Harvard Business School, will maintain his post at the university while advising Grove Street Advisors on how it can broaden its client base and product offering.

2 min read · 05 January 2013

Axiom Asia expands team with ex-Coller exec

The Singapore-based firm has hired Alex Sao-Wei Lee from secondaries specialist Coller Capital.

1 min read · 05 January 2013

Och-Ziff EMEA chief: Africa beckons

Natural resources and black economic empowerment enterprises are providing the firm rich opportunities in Africa, Michael Cohen told delegates at the PEI Africa Forum in London today.

2 min read · 05 January 2013

GIC appoints group president

Lim Siong Guan will take responsibility for the organisational development of GIC Asset Management, GIC Real Estate and GIC Special Investments. He will also manage the Singapore sovereign wealth fund’s public markets group.

2 min read · 05 January 2013

Report: Renuka Ramnath builds team

The former chief executive officer of Mumbai-based ICICI Venture is raising an India-focused fund and has reportedly teamed up with ICICI colleague Sudhir Variyar.

1 min read · 05 January 2013

HBG sets up London office

The private equity and real estate firm is establishing an office in London to target investments on the AIM market.

1 min read · 05 January 2013

Lehman Real Estate nears management buyout

One of the largest private equity real estate platforms in the world will become independent of its bankrupt parent company, sister news site PERE has learned.

2 min read · 05 January 2013

Rasmala reshuffles management team

The Middle East investment firm has appointed founder Ali al Shihabi as executive chairman, Tamer Bazzari as CEO and David Woods as chief operating officer.

2 min read · 05 January 2013

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