Private Equity
The chemicals and health care specialist has promoted former Goldman Sachs managing director Clark Winter to develop the firm’s investment strategy. SK Capital, an affiliate of merchant bank The Valence Group, has announced one buyout to date.
1 min read · 05 January 2013
Opportunities for consolidation in the financial services sector – particularly among life insurance and asset management firms – have led Resolution, like Marfin and Global Investment House earlier this year, to access the public markets.
1 min read · 05 January 2013
The UK’s private equity trade body has formed an eight-person board to oversee the direction of its research projects. Apax’s technology and telecom chief, Richard Wilson, will be chairman.
1 min read · 05 January 2013
Carlyle is reportedly demanding $206m in estimated profits lost due to a Sequoia executive allegedly backdating an agreement with a Chinese medical research company to win the deal.
1 min read · 05 January 2013
While some firms are scaling back operations amid the global financial downturn, others investing in financial services, like AnaCap, are taking advantage of benign recruitment conditions.
1 min read · 05 January 2013
The financial services giant will lay off 5,300 employees across all business units but concentrated in investment banking. Asset management will focus on a ‘smaller number’ of activities.
1 min read · 05 January 2013
Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff. Earlier this week the firm invested in UK debt management company TDX Group.
1 min read · 05 January 2013
The emerging markets private equity specialist, acquired by BMB Group earlier in the week, has hired Chun Min Pang, the former head of Aureos China and Samir Soota, co-founder of investment services firm Principia Management.
2 min read · 05 January 2013
Two unnamed European pensions have committed funds to the Luxemburg-based investment manager.
1 min read · 05 January 2013
Hedge fund industry titan Stanley Fink has teamed up with the former head of Close Investments, Rufus Warner, to form Earth Capital Partners. The firm will drive “environmental economic growth” via a series of venture-style funds.
1 min read · 05 January 2013
