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First Reserve taps GE pro for infrastructure team

Phil Burkhardt joined the firm as an asset manager, bringing the total number of members on its energy infrastructure team to 11. First Reserve infrastructure head Mark Florian expects the team to grow to 14 by year’s end as the firm goes about ‘building out some really good investments’.

Keogh replaces Fogle as RREEF’s CIO in Asia

RREEF promotes asset and portfolio management head Paul Keogh to chief investment officer for its Asia Pacific business. Keogh, who has also held other roles at RREEF, replaces Mark Fogle who resigned at the end of last month.

RREEF's Asia CIO confirms departure

Mark Fogle, who was chief investment officer for Asia at the Deutsche Bank-owned alternative investment and asset management platform, has confirmed his departure from the firm. Fogle joined RREEF at the start of 2007 after a spell with AIG.

Angelo Gordon hires RREEF exec to lead Japan push

Jon Tanaka has been appointed managing director and head of Japan in charge of Angelo Gordon’s real estate activities in the country.

Moneymakers on the move

Demand for private equity talent in India is higher than ever before. For fund managers and their limited partners, this is proving a headache, reports Siddharth Poddar.

Blackstone officially opens in Oz

The alternative asset manager is the latest to open an office in Sydney, having set the wheels in motion to do so last year.

Strategic Value hires ex-RREEF executive

Benjamin Young, the former chief investment officer of RREEF’s opportunity funds, has joined Strategic Value Partners as global head of real estate. SVP has also hired Georg Strassner, formerly with Morgan Stanley subsidiary Argoneo.

Lehman’s European mezzanine team spins out

Neovara – run by Julian Entwisle, Joris Fletcher and Nathalie Romang – will manage Lehman’s fully invested 2004 fund and gear up to raise another vehicle.

Bain-backed GOME founder gets 14-yr prison sentence

Huang Guangyu, the Chinese appliance retailer's largest shareholder, has been convicted of bribery and insider trading and fined a record €72m. His wife has also been jailed.

Rao is GIP's new partner

Raj Rao, one of the founding members of Global Infastructure Partners, has been elected as its newest partner. The fund has also added two new senior hires to the team, including a global head of fundraising, as it prepares to raise a second fund.