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Harvest Capital Partners’ CEO quits

The private equity firm backed by the China Resources Group is losing its chief executive officer Rong Ren, according to a company statement. His departure comes right in the middle of fundraising plans.

1 min read · 08 February 2013

Altius loses former Europe head Russell

Michael Russell, a former PCG executive who joined Altius in 2007, has left to pursue other opportunities in the industry.

2 min read · 08 February 2013

Carlyle creates public markets position

The Carlyle Group has hired former Goldman Sachs analyst Daniel Harris to handle communicating the firm’s financial information to public shareholders and analysts.

2 min read · 08 February 2013

Apax loses healthcare talent

US-based partner Bill Sullivan and two principals from the healthcare team have left or are leaving the firm, which recently held a €4.3bn first close on Fund VIII.

3 min read · 08 February 2013

Perseus’ founder Pearl dies

Frank Pearl formed the mid-market specialist in 1995 after working for years at early buyout shop Wesray Capital Corporation.

1 min read · 08 February 2013

GPs: Private equity can prevail despite pricing problems

Unrealistic price demands continue to stymie dealflow on both sides of the Atlantic - but diversification can help the industry to keep attracting capital, according to a panel of top GPs at the Milken Institute Global Conference.

2 min read · 08 February 2013

Texas Teachers names PE head

The $110bn public pension will promote Rich Hall to lead its private equity investments when Steve LeBlanc, senior managing director of external private markets, steps aside in June.

2 min read · 08 February 2013

MF Actis Test Article

<a href="http://privateequityconnect.com/profile.aspx?iid=10047" target="_blank">Actis</a> has raised at least $745.5 million for Actis Global 4, according to a document filed last week with the US Securities and Exchange Commission. <br /><br />

1 min read · 28 January 2013

PREI Asia to get new chief

The head of one of the largest real estate platforms in Asia, Victoria Shigehira Sharpe, is preparing to move to a newly-created, senior client-facing role at PREI Asia’s parent company.

2 min read · 22 January 2013

Change is afoot at Mercury Capital Advisors

The Bank of America Merrill Lynch placement spinout has undergone a restructuring, bringing in new talent to replace outgoing personnel having earlier made changes to its economic structure.

2 min read · 18 January 2013

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