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Rice to step down as CD&R chairman

Joseph Rice, a pioneer of the buyout model who will leave the firm in June, earlier this year said at an industry conference that CD&R would likely never go public like several of its peers.

2 min read · 18 January 2013

Flowers: ‘Nothing bigger than the Eurozone’

Christopher Flowers, the founder of FIG-focused buyout group JC Flowers, spoke to Private Equity International to explain why he is moving to London.

2 min read · 18 January 2013

Ex-KIC chief: Good returns only get you in the game

Scale and institutional best practice are among the qualities sovereign wealth funds require of fund managers, Scott Kalb, former CIO of Korea's sovereign fund, said at the PE Asia Forum in Hong Kong.

2 min read · 18 January 2013

BTG Pactual raises $1.96bn in IPO

The Brazilian investment bank’s IPO was backed by JC Flowers & Company, the Ontario Teachers’ Pension Plan Board and several major sovereign wealth funds.

1 min read · 18 January 2013

HarbourVest moves into mainland China

The global fund of funds specialist has hired former JP Morgan managing director Sally Shan to expand the firm’s efforts to Beijing.

2 min read · 18 January 2013

AXA Private Equity COO set to join ADIA

AXA Private Equity’s chief operating officer, Christophe Florin, has left the firm. He is set to join the Abu Dhabi Investment Authority, as the sovereign fund continues to bulk up its private equity team.

1 min read · 18 January 2013

Riverside adds Mercury partner

Erick Bronner has been named the head of The Riverside Company’s investor relations team after parting ways with Mercury Capital Advisors in January.

2 min read · 18 January 2013

TIAA-CREF loses senior private equity officer

The asset manager’s 15-year-old alternatives programme has experienced a recent string of departures, including earlier this year founding member Holly Holtz.

2 min read · 18 January 2013

Advent boosts Nordic efforts

The private equity firm has strengthened its network in the region with the appointment of two experienced advisors.

2 min read · 18 January 2013

Onex’s Sheiner to step down

Onex managing director Andrew Sheiner will leave at the end of June to start a new private equity platform targeting 'less volatile' investments, Sheiner says.

1 min read · 18 January 2013

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