Private Equity
Kamil Salame, former partner with DLJ Merchant Banking and managing director with Credit Suisse, will head up CVC’s financial institutions group from the US. The firm launched its financial institutions team last year.
2 min read · 05 January 2013
The buyout firm formerly known as CCMP Asia is the latest to consolidate its investment activities in the region.
2 min read · 05 January 2013
A former veteran of 3i's growth capital team Mike Reid has joined the newly rebranded Frog Capital – a cleantech and IT-focused venture capital firm that has just raised a further €40 million from its backers the German Engelhorn family.
2 min read · 05 January 2013
The European mid-market firm will manage Hermes' funds II and III and absorb its 10-person team, creating a lower mid-market-focused arm dubbed Bridgepoint Development Capital.
2 min read · 05 January 2013
London- and Paris-based Vespa Capital is halfway towards the €100m target for its debut mid-market fund.
1 min read · 05 January 2013
Alan Milburn wants the forthcoming UK budget to allow private equity-backed companies the ability to offer tax-approved employee share ownership schemes for the first time. The current situation is 'anomalous and must be changed', says the politician.
2 min read · 05 January 2013
'Private equity will become part of the norm rather than the alternative', following a lull in which LPs will question the asset class, according to Carlyle co-founder David Rubenstein. He also highlighted China's opportunity set at the PEI Emerging Markets Forum.
2 min read · 05 January 2013
Chris Rowlands' decision to leave 3i is the latest in a series of senior management changes at the global firm. Rowlands has spent 17 of the past 25 years working for 3i, and twice has been considered by market insiders as a contender for the CEO role.
2 min read · 05 January 2013
HgCapital and Electra Partners stressed yesterday that listed funds with longer-than-average holding periods can achieve excellent returns and still find interesting investment opportunities, despite recent difficulties encountered by the sector.
2 min read · 05 January 2013
Senior managing director Christine Vanden Beukel has ended a 10-year career leading GSC’s European mezzanine business. Her role is now filled in part by managing director Nick Petrusic, who joined the credit-focused alternative asset manager in 2000.
1 min read · 05 January 2013
