Private Equity
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.
1 min read · 04 January 2013
Congressional interest in private equity-owned nursing homes remains high, as two committees in the US House of Representatives have now said they will hold hearings on the subject.
2 min read · 04 January 2013
A week after completing its $20 billion buyout of Hilton, Blackstone has hired Chritopher Nassetta as the company’s new president and CEO.
2 min read · 04 January 2013
Charles Grassley, ranking Republican on the US Senate Finance Committee, has reportedly said lobbying efforts coupled with market volatility scuttled his attempts to boost taxes on publicly traded financial services partnerships.
1 min read · 04 January 2013
Fidelity Equity Partners has hired four executives to strengthen its teams in both London and Boston.
2 min read · 04 January 2013
GMT Communication Partners, the European communications buyout firm, has bolstered its digital media team by recruiting Natalie Tydeman from television production company Fremantle Media.
2 min read · 04 January 2013
First Reserve has committed $300 million to a joint venture with former OMI chief executive Craig Stevenson, formed to pursue energy-related shipping investments.
1 min read · 04 January 2013
Charles Rangel, chair of the US Congressional committee charged with writing tax law, has proposed a bill that would substantially overhaul the US tax system and generate $48 billion in tax revenue.
2 min read · 04 January 2013
As the chair of the Institutional Limited Partners Association, CalPERS’ Joncarlo Mark will focus on growing the organisation’s research and education platforms.
1 min read · 04 January 2013
A week after completing its $20 billion buyout of Hilton, Blackstone has hired Chritopher Nassetta as the company’s new president and CEO.
2 min read · 04 January 2013
