Private Equity
Audax co-founders Marc Wolpow and Geoffrey Rehnert lost a ‘painful’ amount of personal money, while a Thomas H Lee-controlled fund of hedge funds had invested an undisclosed amount with Madoff Investment Securities.
2 min read · 05 January 2013
Ronen Nir and Itzik Avidor have gained partner status as the Israeli venture firm deploys its $235m third fund.
1 min read · 05 January 2013
3i veteran Cressida Hogg has replaced Michael Queen, who took over as 3i's CEO from Philip Yea earlier this week. 3i's infrastructure arm also said it sold a 31% stake in its Infrastructure Investors fund to Barclays for £164m.
2 min read · 05 January 2013
European buyout and growth capital firm Gimv has appointed Peter Maenhout to head its XL Fund, which is targeting €750m.
1 min read · 05 January 2013
Blackstone will not replace Bruce Amlicke, who is leaving the firm to spend time with his family.
1 min read · 05 January 2013
Sylvain Denis and Alan Hyslop are to leave Dubai International Capital, leaving the firm’s private equity business in the care of portfolio managers David Smoot and Eric Kump.
2 min read · 05 January 2013
George Fisher, a senior advisor with Kohlberg Kravis Roberts, told a conference crowd that the private equity industry needs to do a better job of explaining the benefits it brings to businesses. KKR has been increasingly more communicative with the public in recent years.
2 min read · 05 January 2013
The private equity firm has brought on Morgan Stanley’s global head of healthcare investment banking, John Moore, to lead its North American healthcare team. The team will focus on global scalability and cost effectiveness.
2 min read · 05 January 2013
Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff, representing 20 percent of its workforce.
1 min read · 05 January 2013
The Cairo-based private equity firm is raising $500m for its first institutional fund.
2 min read · 05 January 2013
