News

Truell says government promised taper relief was permanent(2)

The former chairman of the BVCA Edmund Truell has claimed the government has reneged on its promise not to “snatch away” the taper relief on capital gains tax at 10 percent then Chancellor of the Exchequer Gordon Brown introduced in 1997.

Hands growls at mega buyout demise(2)

Terra Firma founder and former banker Guy Hands has said bankers are “whimpering dogs”, who will need to be enticed from their baskets after the credit crunch.

Milestone puts difficulties behind it with latest recruit(3)

Milestone Capital Partners is continuing its rebound with the recruitment of mid-market buyout veteran Philip Conboy as it looks to raise money for its fourth fund.

New Venture Partners opens Silicon Valley office(3)

Lucent Technologies spin-out New Venture Partners will bring its corporate technology spin-out model to Silicon Valley, a move enabled by the addition of former Intel research director David Tennenhouse.

HBoS eyes European expansion via restructuring(4)

HBoS, the UK bank, has restructured its acquisition finance and structured finance teams into one leveraged finance unit as it looks to expand its European operations.

Pandit to lead new Citi unit(4)

Vikram Pandit, a fund of funds entrepreneur and former Morgan Stanley executive, will lead Citi’s newly combined alternative assets and investment banking units, making him a direct report to chairman Chuck Prince.

CCMP augments operational prowess

The JPMorgan spin-out’s hire of advisors in the consumer and healthcare sectors highlights the firm’s move toward employing operationally focussed executives.

The Blackstone Group opens office in Tokyo(4)

The Blackstone Group has recently opened an office in Tokyo, headed by Alan Miyasaki, who has moved from New York to spearhead the group’s real estate investment activity.

HBoS eyes European expansion via restructuring(3)

HBoS, the UK bank, has restructured its acquisition finance and structured finance teams into one leveraged finance unit as it looks to expand its European operations.

VC firm hires Harvard professor

Highland Capital has brought on an internet and intellectual property expert to continue the firm’s push in the digital media space.