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Lord Browne leaves Apax to head up Riverstone Europe

Energy specialist Riverstone Holdings has appointed Lord Browne of Madingley as head of its newly formed European arm, allowing the peer to return to the energy industry after his dramatic resignation from oil company BP.

Advent’s Kiev office ends reorganisation(3)

Global buyout firm Advent International has completed its reorganisation of its central and eastern European operations with the opening of an office in Ukraine.

Prager, NGP buy energy assets for $342m

In their second joint acquisition this year, Paul Prager and Natural Gas Partners will acquire a portfolio of power generating stations and transmission projects for $342 million.

CITIC adds five to Asia PE teams

The private equity arm of China International Trust and Investment Company has padded its private equity programme with two new hires for its China team and three additions to its Japan team.

Mounir Guen: Countdown to 2008

Mounir Guen, chief executive of MVision, a global placement agent, joins PEO on day three of its Countdown to 2008.

General Atlantic hires Warburg, McKinsey pros for Asian push(3)

General Atlantic has added to its Hong Kong and Mumbai teams with the new hires of Jeff Leng and Ranjit Pandit.

Grotech hires new partner(2)

Former Intersouth general partner Don Rainey has joined Maryland venture firm Grotech Partners.

Société Géneralé targets Australian buyouts(2)

Société Géneralé has expanded its acquisition and leverage finance business to Australia to boost existing Asia Pacific operations based in Hong Kong.

Balderton hires tech vet

Balderton Capital, the former European arm of Benchmark, has boosted its team with the appointment of its eighth partner.

German politician demands partial “locust” ban(3)

Peter Struck, head of the SPD faction in the German parliament, is calling for rules to limit private equity’s ability to take controlling stakes in some German companies.