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Bear, Eagle tap Kwok to lead Chinese PE venture

Bear Stearns and Eagle Investments have selected Steven Kwok, previously of private equity firms The Carlyle Group and Orchid Asia, to lead their joint effort in China.

RREEF expands secondaries team with Pomona pro(4)

RREEF has hired Adam Graev, former vice president of secondaries firm Pomona Capital, to lead secondary and co-investment deals in North America.

Teachers’ chief Lamoureux to retire(2)

The head of the Ontario Teachers’ Pension Plan, Claude Lamoureux, will retire in December and be replaced by Jim Leech, senior vice president of the pension’s private equity arm.

Propel Investments boosts team ahead of fundraising

Australia-focussed Propel Investments, a recent spin-out of Deutsche Bank’s Australian private equity unit, has recruited two professionals to add to an existing seven-strong team.

Ex-UBS exec Ken Moelis holds first close on $1.8bn(2)

Moelis & Co. has held a $1.8 billion first close on its new fund, just five months after founder Ken Moelis left his position as head of investment banking for UBS.

Carlyle appoints head of PR for Americas

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.

Morgan hires Apollo, Carlyle alumni for private equity team

As rival Citi enhances its alternatives platform with the addition of Morgan Stanley spinout Metalmark, Morgan Stanley continues its renewed private equity push with the hire of two buyout professionals.

Pandit to lead new Citi unit

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.

Veteran Vineburg joins CVC to launch infrastructure

CVC, the global buyout firm, is the latest private equity firm to open a dedicated infrastructure unit. 3i, Europe’s largest quoted private equity firm, launched its offering earlier this year.

The Blackstone Group opens office in Tokyo

The Blackstone Group has recently opened an office in Tokyo, headed by Alan Miyasaki, who has moved from New York to spearhead the group’s real estate investment activity.