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USS cranks up co-invest programme with double hire(2)

The UK's second largest pension fund the Universities Superannuation Scheme is demonstrating its appetite for alternatives with the appointment of two private equity specialists to lead its co-investment programme alongside its fund investments.

Advent boosts CEE team; does two deals

Global mid-market firm Advent International has hired two new recruits to bolster its Central and Eastern European team as deal flow peaks at year end.

Ussher welcomes sovereign funds to London

The UK City Minister has said she is inviting the Chinese government’s sovereign fund to London. The funds continue on a path towards respectability after Sir David Walker persuaded the Qatar Investment Authority to sign up to his proposals on disclosure and transparency.

General Atlantic hires Warburg, McKinsey pros for Asian push(2)

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

Filmmaker aims to win hearts, minds with anti-private equity films

PEO interviews Robert Greenwald, the creator of a new series of short films criticising private equity, following an earlier PEO commentary about his 'The War on Greed' series.

GMT boosts digital media team

GMT Communication Partners, the European communications buyout firm, has bolstered its digital media team by recruiting Natalie Tydeman from television production company Fremantle Media.

CVC brings in former RBS finance chief(2)

Fred Watt, who a year ago was set to work with Doughty Hanson on a publicly listed fund that never went ahead, has joined the European LBO house as chief operating officer.

Candover appoints diplomatic grandee as non-exec

The listed trust of the UK buyout firm has recruited diplomat Lord Jay of Ewelme as a non-executive director a week after the firm bought the politically sensitive Dutch business Stork.

ILPA elects CalPERS’ Mark to chair

As the chair of the Institutional Limited Partners Association, CalPERS’ Joncarlo Mark will focus on growing the organisation’s research and education platforms.

Perelman to raise $500m SPAC

Following the lead of Tom Hicks and Michael Gross, US billionaire Ron Perelman plans to raise a $500 million blank-cheque pool to complete an unspecified acquisition.