Private Equity
The Los Angeles-based firm has tapped Levine Leichtman’s Todd Stemler and CapitalSource’s Gavin Bates to help manage its mezzanine unit’s $500m fourth fund.
1 min read · 05 January 2013
The mid-market turnaround specialist has backed the buyout of Crown Paints from Dutch conglomerate Akzo Nobel in a deal fully underwritten by Endless’ second £164m fund. The deal value, though not disclosed, was lower than the reported £70m.
2 min read · 05 January 2013
The venture capital arm of Nordic industrial holding company, Investor AB, has named veteran Stephen Campe as president. Henry Gooss will retire from the position and become a senior advisor.
1 min read · 05 January 2013
The EVCA has appointed 11 new mid-market members to its board of directors. Named as its board chairman in June, 3i's Jonathan Russell has said the EVCA must help the public understand that most market participants are not mega-firms involved in headline-grabbing deals, but focus on fuelling SME growth.
2 min read · 05 January 2013
Gautam Bhandari, previously part of the bank’s investment banking division in New York, is moving to Mumbai to head up Morgan Stanley Infrastructure as it seeks to invest part of a $4bn global fund in India, the Middle East and Sub-Saharan Africa.
1 min read · 05 January 2013
BC Partners will soon launch a tender offer for all remaining shares of Migros Türk following the purchase of a majority stake in May. Separately, London-based managing partner Raymond Svider is relocating to New York to head up fledgling US buyout operations.
1 min read · 04 January 2013
The US-based venture firm will move longtime GP Scott Tobin and senior associate David Sokolic to its Herzilya office in autumn.
1 min read · 04 January 2013
The JPMorgan Partners spinout has appointed Quiznos' chief executive Greg Brenneman, best known for his private equity sponsored restructurings of Continental Airlines and Burger King, as chairman and investment committee member. The firm says more operation-focused hires will follow.
3 min read · 04 January 2013
The New York firm has asked Macquarie Securities' Trent Vichie to lead its newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatisation.
2 min read · 04 January 2013
The Australian infrastructure pioneer has unveiled a major management overhaul as its share price continues to decline. Firm founder Jim Babcock and long-time chief executive Phil Green will be replaced by in-house executives.
2 min read · 04 January 2013
