Private Equity
The head of BlackRock investment management firm, spun out of The Blackstone Group in 1992, has stepped down as president—reportedly to raise a $1 billion fund for private equity, hedge fund and real estate investments.
2 min read · 04 January 2013
SVB Capital has hired John Dominguez of Hill Capital Management and Vincent Williams of Northern Trust Global Investments to expand its private equity programme.
2 min read · 04 January 2013
Andrew Strauss has left his role as co-manager of Riverside's US funds in order to work in the firm's transactions business. Partner Suzy Kriscunas will succeed him.
1 min read · 04 January 2013
The troubled refinancing of Dutch retailer Maxeda has fallen prey to the current jitters in the credit markets, despite the KKR-led buyout consortium sweetening the offering earlier this month.
2 min read · 04 January 2013
Angelo Gordon has bolstered its private equity group before raising its fourth private equity fund, which is targeting $700 million, and a “reserve fund” aiming for $200 million.
2 min read · 04 January 2013
Rudy Scarpa has left Coller Capital, the secondaries firm founded by Jeremy Coller (pictured), to open rival Pantheon’s New York office.
1 min read · 04 January 2013
Harvard University's endowment is left without a head, as Mohamed El-Erian has left the $35 billion endowment for a senior role at PIMCO, where he'll lead a push into alternatives.
1 min read · 04 January 2013
Teachers' has named Erol Uzumeri, who currently manages international private equity investments at the Canadian pension, to succeed Jim Leech as head of its private equity arm.
1 min read · 04 January 2013
Serkan Elden has returned to AIG Investments to spearhead its investment activities in Turkey, having left the firm after a six-year spell in 2004.
1 min read · 04 January 2013
As ratings agency Standard & Poor’s criticises covenant loose loans for being covenant-lite by the backdoor, a senior banker tells Toby Lewis cov-lite loans will become extinct.
4 min read · 04 January 2013
