Private Equity

News

Evans formally abandons early stage biotech

Sir Christopher Evans has rebranded his firm Merlin Biosciences as Excalibur as he focuses more broadly across the medical sector with a number of planned funds.

2 min read · 04 January 2013

Riverside rewards team

The US mid-market private equity firm has promoted three investment professionals to partner.

2 min read · 04 January 2013

Black: Apollo relishing ‘interesting times’

The founder of Apollo Management has told investors that his firm is well positioned to thrive amid the credit crunch, and that weakened bond prices are not necessarily signs of financial stress among the portfolio companies.

2 min read · 04 January 2013

The Economist’s CEO to advise Bain Capital

Helen Alexander is seeking fresh challenges with the US buyout firm, after more than 20 years with the publishing house, during which circulation has soared.

1 min read · 04 January 2013

Lehman vet to head Credit Suisse asset management arm

The former CEO of Credit Suisse asset management, David Blumer, will be replaced by Rob Sharif after taking up a new role as head of financial markets at Swiss Re.

2 min read · 04 January 2013

Rabih Khoury and DIC to part ways

The chief executive of DIC Emerging Markets, one of the arms of the Dubai investment firm, is leaving the company.

1 min read · 04 January 2013

Cartoon vilifies Kravis, LBO industry

Political activist and documentarian Robert Greenwald again makes Henry Kravis the focus of his anti-LBO campaign, this time in animated form because ‘fun can go a long way’.

1 min read · 04 January 2013

First Reserve promotes CFO

The energy-focussed private equity firm has promoted chief financial officer Jennifer Zarrilli to managing director.

1 min read · 04 January 2013

Buyout chiefs defend industry

Industry figures have come out in defence both of financial engineering and the range and diversity of the asset class saying it does not depend on leverage for returns.

2 min read · 04 January 2013

IFC CEO advocates Africa fund of funds

The World Bank-backed investment company is looking to set up a body in partnership with another company to provide a gateway for investments into Africa.

1 min read · 04 January 2013

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