Private Equity
The charitable foundation of Jeremy Coller, founder of UK secondaries firm Coller Capital, has made a ‘multi-million pound’ commitment to help create a private equity education and research institute at London Business School.
2 min read · 05 January 2013
Led by former Abraaj managing director and co-founder Shirish Saraf, the growing MENASA-focused firm expects to close its debut special situations fund targeting $350m this month.
2 min read · 05 January 2013
The Irish private investment firm has brought on two former JPMorgan investment bankers as managing directors to grow its private equity investment portfolio and assets under management.
1 min read · 05 January 2013
The US bank will combine its $7.4bn private equity business with other divisions to create an entirely new unit after the merger with Merrill Lynch is complete. John Thain, the chief executive and chairman of Merrill Lynch, will become the president of the bank's global banking, securities and wealth management team.
1 min read · 05 January 2013
The UK lower mid-market firm has added Jon Edington to its team. He will focus on portfolio development and bolt-on acquisitions.
1 min read · 05 January 2013
Apax Partners has expanded its Paris office with the hires of three investment professionals including Bernard Bourigeaud, a technology veteran with a formidable track record in buy-and-build strategies, as a senior advisor.
1 min read · 05 January 2013
American International Group will retain core business lines while entertaining the divestiture of all remaining units. The embattled insurance company plans to sell as many assets as necessary to repay its $85bn loan from the US government.
2 min read · 05 January 2013
The Bahrain-headquartered investment firm has hired former Morley Fund managing director and Morgan Stanley executive James Tanner as its placement chief, a role previously filled by retiring Investcorp veteran Zahid Zakiuddin.
2 min read · 05 January 2013
Permira partner Veronica Eng has said ‘any manager worth its salt’ is taking a hard look at its portfolio companies and carefully broaching new investments amid today’s unprecedented financial climate. Phoenix CFO Steve Darrington, meanwhile, expects unsettled investors to flock to smaller managers.
2 min read · 05 January 2013
The investment bank has appointed Christopher Cooke, most recently at UK hedge fund CQS, as a managing director. Greenhill hired five members of Lehman Brothers' placement team in May to launch its own fundraising division.
1 min read · 05 January 2013
