Private Equity
Former Morgan Stanley veteran Dag Strømme has left Herkules Capital after just two years as a partner at the Nordic private equity firm.
1 min read · 05 January 2013
Alistair Mills' appointment as a director in HIG Europe's London office brings to 25 the firm's investment team headcount.
1 min read · 05 January 2013
Former Lehman Brothers investment bankers Michael Meyers and Sean Fitzgerald have joined Macquarie’s private placement team, where they will focus on raising equity for transactions.
1 min read · 05 January 2013
Damon Buffini’s reported departure coincides with the listed fund of funds' ongoing strategic review, which, when it is finalised at the end of April, will reportedly result in a greater focus on its fund management business.
1 min read · 05 January 2013
The UK-based secondaries firm has hired Eric Pathé as an investment director just months after it appointed Matthew Arkinstall and Robert Savage.
1 min read · 05 January 2013
The CIO of the influential private equity advisory group will depart by the end of the month, a source confirmed. SVG Advisers is a division of SVG Capital, the UK-listed vehicle that has committed capital to London private equity firm Permira since 1996.
2 min read · 05 January 2013
Vibhav Panandiker has been hired to lead the Asian mid-market arm's private equity investments in Southeast Asia and India, while Cathy Zhang will oversee investments in Greater China.
2 min read · 05 January 2013
Past private equity successes ‘will be dwarfed’ by future returns, as the MENA region adjusts to the global financial crisis, according to Arif Naqvi. The Abraaj Capital chief executive warned, however, that among key risks facing the region today is the possibility of the price of oil shooting back up to over $100 a barrel.
2 min read · 05 January 2013
The Abu Dhabi government-backed investment company has hired former Volvo executive Anders Ljungqvist for the role, as it positions itself to build up its third party fund management.
1 min read · 05 January 2013
The buyout industry has been incapable of ‘using leverage sensibly’ and must support restrictions on excess LBO debt, argued Hugh MacArthur, global head of Bain & Co’s private equity practice. He was joined at PEI's Middle East Forum by Delta Private Equity's Patricia Cloherty, who noted ‘cheap debt is simply seductive, and everyone is complicit on the upside’.
2 min read · 05 January 2013