People

Edmond de Rothschild Capital Partners promotes team(2)

French mid-market firm Edmond de Rothschild Capital Partners has made several internal promotions after making three exits so far.

TH Lee launches credit arm with $500m(3)

US buyout firm TH Lee has created a credit fund with $500 million in commitments and a dedicated credit division staffed largely by ex-AIG executives, including AIGGIG’s former head of private placement, Sam Tillinghast.

Credit Suisse adds to Asia sponsor coverage group(4)

Credit Suisse has hired Ben Ngai from Citi to focus on sponsor coverage in China.

Mining vet launches environmentally, socially conscious firm(4)

Damien Reynolds, head of natural resources investment firm Longview Capital Partners, has launched a new firm that will target renewable energy and cleantech.

Carlyle hires investment banker to focus on southeast Asia(2)

The Carlyle Group has added to its Asian buyout team in Singapore, where the firm intends to build a team to focus on southeast Asia.

Carlyle adds four to venture team

The Carlyle Group has added four to its West Coast offices, hiring two managing directors from Sevin Rosen and Pequot Capital, and transferring two executives internally.

Academics predict negative returns for ’05, ’06 funds

Increasing fund sizes and periods of heavy fundraising have historically correlated with decreasing returns, according to research presented by two prominent US scholars.

Horlick warns industry to sharpen presentation skills(3)

Nicola Horlick, chief executive of UK fund manager Bramdean, used her keynote speech at yesterday's PEI Media conference to highlight the task facing the industry if it is to continue its growth and move into the mainstream.

Start-up venture firm targets $100m for Southeastern US(4)

Sunrock Ventures is raising its debut fund to target $100 million for investments in the “underserved” Southeastern US.

DE Shaw beefs up European direct capital team

The global hedge fund has recruited two bankers from Lloyds TSB after employing the UK bank’s former head of structured finance last year to set up its direct capital team.