Private Equity
Sydney-based placement agent Diversus Investment Advisors is establishing operations in Asia.
1 min read · 05 January 2013
US presidential candidate John McCain has come under fire by one US labour union for his ties to KKR co-founder Henry Kravis, but recent data shows Democratic rival Barack Obama has the most financial support from the private equity and venture capital industries.
2 min read · 05 January 2013
Described by a former coworker as 'the relationship guy', Richard Klapow has left Macquarie Capital’s advisory arm in New York to join Alinda Capital Partners as a managing director, marking the third recent senior executive departure at Macquarie.
2 min read · 05 January 2013
The selection of John Koskinen to lead the seized mortgage giant brings to three the number of private equity pros asked this month to head up troubled financial services companies.
2 min read · 05 January 2013
The former president of Gap-owned US apparel company Old Navy, Jenny Ming, has joined the global buyout firm as an operating partner. She will focus on apparel retail companies such as existing Advent portfolio companies Gérard Darel and lululemon athletica.
1 min read · 05 January 2013
Sean Tong, formerly a managing director at General Atlantic, has quit the firm to join Providence Equity Partners' Hong Kong office.
1 min read · 05 January 2013
Jay Light, former professor to Steve Schwarzman and a director of university endowment Harvard Management Company, has joined Blackstone’s board of directors. Separately, Blackstone has been named as an advisor in the $85bn bailout of AIG.
1 min read · 05 January 2013
Aberdeen Asset Management’s senior executives, Andy Glennon, Francesco Santinon and Colin Stirling, have led a management buyout from its London-listed parent. Former Bridgepoint investor relations head, Graham Dewhirst, will join the lower mid-market team as chairman.
1 min read · 05 January 2013
Former MedImmune chief David Mott is the second high-level executive NEA has hired from the Maryland-based vaccine developer since its merger last year.
2 min read · 05 January 2013
MatlinPatterson co-founder Mark Patterson yesterday characterised today's economy as the most troubled since the period following the US stock market crash in 1929. Operational concerns are now second to broader financial markets considerations when conducting due diligence, he said.
2 min read · 05 January 2013
