People

CHAMP opens an office in Singapore(4)

CHAMP Private Equity, an Australia private equity firm, is expanding to Asia via a new office in Singapore. It is the first Australia-focused buyout group to do so.

Pandit to lead new Citi unit(2)

Vikram Pandit, a fund of funds entrepreneur and former Morgan Stanley executive, will lead Citi’s newly combined alternative assets and investment banking units, making him a direct report to chairman Chuck Prince.

Bessemer adds to India team(3)

Bessemer Venture Partners has promoted Devesh Garg to managing director for its growing India team, four months after allocating $350 million for investments in the region.

Insights from Four Silicon Valley's Venture Capitalists

Four venture capitalists recently gathered in Silicon Valley for a discussion about the globalisation of venture capital, its challenges and opportunities. Amanda Janis reports on the lively exchange that ensued between this quartet of peers and rivals.

Balderton hires tech vet(3)

Balderton Capital, the former European arm of Benchmark, has boosted its team with the appointment of its eighth partner.

Retail banking veteran joins WL Ross

Fresh from closing its fourth turnaround fund on $4 billion, WL Ross has hired John Kanas, former CEO of North Fork Bancorp, to advise on investments in distressed financial services firms.

Carlyle appoints head of PR for Americas(2)

The Carlyle Group has hired Ellen Gonda, formerly a financial communications director at PR firm Brunswick Group, to lead its public relations efforts in North and South America. It is part of a larger expansion that will double the size of Carlyle’s global communications department.

Prager, NGP buy energy assets for $342m(4)

In their second joint acquisition this year, Paul Prager and Natural Gas Partners will acquire a portfolio of power generating stations and transmission projects for $342 million.

CHAMP opens an office in Singapore(3)

CHAMP Private Equity, an Australia private equity firm, is expanding to Asia via a new office in Singapore. It is the first Australia-focused buyout group to do so.

UK business grandee joins TPG(3)

Sir Victor Blank, a prominent UK businessman, is returning to his private equity roots with a role as senior adviser to TPG, the global buyout firm.