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Carlyle bulks up financial services team(2)

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.

Ferguson defends tax rules on loans(2)

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.

Head of Riverside's US funds steps down(3)

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.

Vestar Capital opens in Germany

Jens Tonn will cover the German-speaking countries for the global firm leading a team of four from an office in Munich.

Romney and the ‘deal junkies’(4)

US presidential candidate Mitt Romney’s success in building Bain Capital was due more to a talent for hiring and organizing smart, aggressive deal doers than to his own investment prowess, according to sources interviewed by Private Equity International magazine.

Brown says he will close any PE tax loophole(2)

The UK prime minister Gordon Brown has said he will close any tax loophole private equity enjoys, as the clearest sign so far that the UK government intends to change the carried interest tax relief enjoyed by buyout executives.

PE pros fill Forbes 400(3)

More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.

Uzumeri to head Teachers' PE arm(4)

Teachers' has named Erol Uzumeri, who currently manages international private equity investments at the Canadian pension, to succeed Jim Leech as head of its private equity arm.

Branson says no to 18% CGT, extend holding time

Sir Richard Branson, the founder of UK business Virgin Group, has called for the UK Chancellor Alistair Darling to ditch plans to remove “taper-relief” on capital gains. Branson joins a widespread group of protesters against the reforms.

Start-up venture firm targets $100m for Southeastern US(3)

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