Private Equity

News

3i appoints head of Asia

Anil Ahuja, formerly co-head of 3i Asia with Mark Thornton, has been appointed as the head of 3i's Asian operations. He will continue to lead the India team and report to Chris Rowlands, chairman of 3i Asia.

2 min read · 05 January 2013

Canaan promotes two to general partner

Alok Mittal and Izhar Shay will augment the firm’s presence in India and Israel respectively. Both will continue to focus on the technology sector.

2 min read · 05 January 2013

Former Morley chief to advise Permira

Keith Jones is now a senior advisor for Permira’s financial services team, which is led by James Fraser and will increasingly look to target wealth management assets in play.

2 min read · 05 January 2013

Goldman loses Asia special situations co-head

Kevin Zhang will end his 15 year-career with the bank, reportedly to join a China-focused private equity fund.

2 min read · 05 January 2013

Blackstone M&A pro charged with insider trading

Managing director Ramesh Chakrapani has been suspended from Blackstone’s corporate advisory group after having been charged with passing on details of the 2006 Albertson’s buyout.

1 min read · 05 January 2013

Report: Cerberus to cut 10% of staff

The New York-based private equity firm is reportedly on the brink of making up to 27 of its 275 employees redundant.

1 min read · 05 January 2013

Tokio Marine launches London fund operations

The investment advisor is also developing a Japanese private equity fund of funds, to be launched within the year.

1 min read · 05 January 2013

Study: Private equity-backed companies achieve higher returns

A recent study by BVCA analysed the performance of private equity-owned portfolio companies in the UK and found that they achieved 330% higher returns than the public equivalents. The report includes household names such as Alliance Boots, New Look, Thames Water and Weetabix.

2 min read · 05 January 2013

Baring investigates copycat websites

Using a Chinese name similar to the Asian private equity firm, an organisation has allegedly set up websites with material copied straight from Baring’s own website.

1 min read · 05 January 2013

Pinnacle to raise debut A$300m fund

Australia's Pinnacle Investment Management, along with former AMP Capital executives Bill Cook and Peter Ludemann, will begin fundraising for its maiden fund in March.

2 min read · 05 January 2013

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