People

Head of Riverside's US funds steps down(4)

Andrew Strauss has left his role as co-manager of Riverside's US funds in order to work in the firm's transactions business. Partner Suzy Kriscunas will succeed him.

Triple hire for SVG(3)

The London-based fund of funds manager has added to its fund selection teams in London and Boston.

Ferguson defends tax rules on loans(3)

The chairman of UK private equity investor SVG Capital says changes to the tax deductibility on interest payments on leveraged loans would be damaging to private equity funds and their investors.

Former Senate leader joins Cressey’s latest firm

Uncertainty over whether Thoma Cressey Bravo would completely split or raise separate, sector-focussed funds under one roof has been erased with the appointment of former US Senate majority leader Bill Frist to the newly formed Cressey & Company.

Inflexion recruits as lower mid-market blossoms

Activity in the European lower mid-market continues with Inflexion Private Equity recruiting two investment professionals on the back of further hires last year.

SVB Capital adds two partners(3)

SVB Capital has hired John Dominguez of Hill Capital Management and Vincent Williams of Northern Trust Global Investments to expand its private equity programme.

Carlyle bulks up financial services team(3)

US buyout firm The Carlyle Group has expanded its financial services team with a string of high profile appointments, after closing a real estate and a European fund last week.

Sir David Walker: Countdown to 2008

As the furore surrounding private equity in the UK grew, the BVCA took pre-emptive action and commissioned an independent report on disclosure and transparency. Sir David Walker hopes his recommendations will be widely adopted in 2008.

First Reserve promotes three

Two of the energy-focussed firm’s deal originators and a capital markets specialist have been promoted to director, as the firm continues to deploy capital from its $8 billion fund.

Hg strengthens renewables team(3)

The European mid-cap buyout firm has hired additional staff for its dedicated renewables team as well as promoting two staff.