Private Equity
The Vietnam-focused real estate fund has hired Australian real estate development pro David Henry to oversee site acquisitions in early stages of development.
1 min read · 05 January 2013
Bank of America has made 14-year Merrill veteran James Forbes the head of its private equity and real estate business, which includes Merrill Lynch’s $5bn to $6bn private equity division.
2 min read · 05 January 2013
Michael Sabia, the ex-CEO of BCE who worked on the failed take-private of the Canada telecoms company, has been appointed president of the C$120bn Canadian pension.
1 min read · 05 January 2013
The energy-focused private equity firm has hired former US diplomat and Goldman Sachs executive Peter Coneway as it seeks $6bn for its latest joint fund with Carlyle.
1 min read · 05 January 2013
Terra Firma is splitting its chairman and CEO roles, with Terra Firma veteran Tim Pryce taking on the day-to-day running of the business. Hands’ responsibility will cover investors, investments and strategy as the group’s chairman and CIO.
1 min read · 05 January 2013
The reductions follow the 1,000 jobs that the Australian investment bank eliminated between September and January. Macquarie Capital Advisors lost the most staff, according to sources.
2 min read · 05 January 2013
The UK-listed private equity frim is reportedly considering a move into investing in debt instruments. Other firms which have recently moved to take advantage of credit opportunities include Providence Equity Partners and BC Partners.
1 min read · 05 January 2013
Robert Redmond, who also advised on the private equity buyouts of First Data Corp and TXU, will join as vice chairman to build its North American operations. It comes as parent Macquarie Group initiated a second round of global staff cuts, which have hit Macquarie Capital hardest.
1 min read · 05 January 2013
Samir Assaad Samaan, formerly NBK Capital’s head of private equity, will lead the Abu Dhabi-backed firm’s push into the buyout market.
2 min read · 05 January 2013
The UK’s secretary of state for business, Peter Mandelson, last night urged BVCA members to help drive UK economic growth by backing entrepreneurial start-ups and growing SMEs ‘into world beaters’. He also addressed the industry’s efforts to battle negative public perception, noting it had surpassed its ‘pain threshold’.
2 min read · 05 January 2013
