Private Equity
The private equity giant has named Christopher Dodds as a senior advisor less than three months after the departure of financial services co-head David Zweiner. In related news, the firm also exited telecom company Crest Communications for $70m.
2 min read · 05 January 2013
Dan Slack, executive director of the Illinois State University Retirement System, will replace Bill Morris who is retiring from the Fire & Police Pension Association of Colorado.
1 min read · 05 January 2013
Peter McKillop, a senior communications executive for Bank of America, has agreed to join the private equity mega-firm to ‘tell the KKR story’. KKR recently put off its IPO, expected to complete this year, until 2009.
1 min read · 05 January 2013
Holland Private Equity has held a first close on €40m for its Northern European tech fund. The firm was co-founded earlier this year by Tim van Delden, previously with Avenue Capital and General Atlantic, and Hans van Ierland of Holland Corporate Finance.
2 min read · 05 January 2013
Charlie Bott, chairman of Goldman’s European financial sponsors group, is regarded as the first private equity-dedicated banker. He is replaced by John Waldron, previously co-head of leveraged finance.
1 min read · 05 January 2013
The global buyout firm also intends to open a second Chinese office in Beijing in 2009.
1 min read · 05 January 2013
Strong economic growth will be maintained by fiscal measures, while private equity firms will play a role in infrastructure projects and help Chinese companies grow internationally, industry experts said at PEI's Emerging Markets Forum in London.
2 min read · 05 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 05 January 2013
After losing Richard Swann to rival mid-market firm Inflexion in October, the private equity arm of British bank Lloyds TSB has hired Hemisphere co-founder Daniel Sasaki as a director in its London office.
1 min read · 05 January 2013
Paul Smith sees increasing interest in co-investment among the firm’s LPs, who have largely upped their commitments for Tenaska’s second US energy fund, TPF II, which closed today on $2.4bn.
2 min read · 05 January 2013
