Private Equity

News

Lime Rock promotes six

Among its personnel changes, the global energy investor has added three new managing partners and has hired an assistant general counsel.

1 min read · 05 January 2013

Doughty Hanson appoints Hypo man

The appointment reflects Doughty’s ambition to continue its Nordic investment drive for its second European fund.

2 min read · 05 January 2013

Grant Kelley leaves Colony's Asia arm

The principal and chief executive of the private equity real estate's Asian operations has left the outfit, reportedly to start his own firm.

1 min read · 05 January 2013

Istithmar cuts 10% of workforce

Dubai World-owned Istithmar World has reduced its staff by 13 in a bid to address existing market conditions.

2 min read · 05 January 2013

Morgan Stanley expands fund of funds secondaries team

The alternative investment arm of banking giant Morgan Stanley has appointed Christophe Nicolas to help it to take advantage of the increase in secondary transactions in the private equity market.

1 min read · 05 January 2013

OpenGate consolidates Parisian presence

The Beverly Hills-based private equity firm has recruited the Paris-based managing partner of Naxos Capital, Robert Lezec, to head up the company’s global transactions. OpenGate had an active end to 2008, acquiring major stakes in British modelling agency Models 1 and US TV Guide Magazine in December.

2 min read · 05 January 2013

Vestar promotes three

The First Boston spin-out has promoted three of its principals to managing director across its resources, financial services and consumer and business services groups.

1 min read · 05 January 2013

Carlyle appoints director for European distress

Ian Jackson has been hired as a director for The Carlyle Group's distressed and corporate opportunities arm. He will be 'deployed' to help invest the firm's latest distress fund, Carlyle Strategic Partners II, which closed on $1.35bn in April 2008.

1 min read · 05 January 2013

Advent promotes 18

The global private equity firm has promoted a slew of executives, including founders of its Mexico City and Sao Paolo offices to managing partners.

1 min read · 05 January 2013

Incoming SEC chief ‘absolutely’ wants HF registration

Mary Schapiro has expressed her support for reinstating hedge fund registration requirements overturned by a federal court in 2006. A prior SEC attempt at registering ‘private funds’ did not include most private equity funds.

2 min read · 05 January 2013

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