Private Equity

News

Investcorp to acquire US packaging company(3)

Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.

1 min read · 04 January 2013

Partners Group opens in Tokyo

The global alternative asset specialist, which has had a presence in Singapore since 2004, has opened a second office in Asia.

1 min read · 04 January 2013

StepStone nabs PCG pro

StepStone, a San Diego area advisory firm founded by three ex-PCG executives including its former president, has hired PCG’s former head of research, Jay Rose. Rose is the sixth former PCG employee to move across town to StepStone.

2 min read · 04 January 2013

North Castle's Eason dies at 45

North Castle Partners managing director James Eason passed away last Friday.

1 min read · 04 January 2013

Magic Johnson backs carried interest bill opposition group

Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax. Formation of the opposition group comes just one day before the House Ways and Means Committee is due to discuss private equity-related taxes.

2 min read · 04 January 2013

Advent’s Kiev office ends reorganisation

Global buyout firm Advent International has completed its reorganisation of its central and eastern European operations with the opening of an office in Ukraine.

2 min read · 04 January 2013

Blackstone hires Deutsche Bank financing pro

The Blackstone Group has hired leveraged finance pro Vikrant Sawhney from Deutsche Bank.

2 min read · 04 January 2013

Grotech hires new partner

Former Intersouth general partner Don Rainey has joined Maryland venture firm Grotech Partners.

1 min read · 04 January 2013

German politician demands partial “locust” ban

Peter Struck, head of the SPD faction in the German parliament, is calling for rules to limit private equity’s ability to take controlling stakes in some German companies.

2 min read · 04 January 2013

General Atlantic hires Warburg, McKinsey pros for Asian push

General Atlantic has added to its Hong Kong and Mumbai teams with the new hires of Jeff Leng and Ranjit Pandit.

2 min read · 04 January 2013

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