Private Equity
The listed fund of funds, formerly called Bear Stearns Private Equity, needs cash to capitalise on secondary deal flow, fund existing investments and strengthen its balance sheet.
2 min read · 05 January 2013
Not only has the Russian mid-market private equity firm garnered $50m from the EBRD for its second vehicle, but it has also hired Robert Sasson, former head of the EBRD’s St. Petersburg office, as senior managing partner.
1 min read · 05 January 2013
Crescent Resources, which develops and manages land in the South East and South West of the US, is a joint venture between MSREF and Duke Energy Corp. The firm said the voluntary filing would help it reduce and restructure its debt load.
1 min read · 05 January 2013
China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, some of which were just created in April.
1 min read · 05 January 2013
The buyout giant’s European technology team is returning to invest in Personal & Informatik, a German provider of human resources software and consulting, having exited the company in 2007.
2 min read · 05 January 2013
The global private equity firm will invest A$65m for a stake of 18% in the Australian waste management company and the remaining A$735m will be raised via an entitlement offer.
2 min read · 05 January 2013
South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.
1 min read · 05 January 2013
A management group from Lehman Brothers Venture Partners will spin-out to become Tenaya Capital. The firm will have $750m in capital and 45 portfolio companies and retain all the third-party limited partners from Lehman’s venture funds. A decision on Lehman's real estate operations is expected in the next month.
2 min read · 05 January 2013
The head of Citi Venture Capital International's Greater China and Asia Pacific business has retired.
1 min read · 05 January 2013
Sequoia Capital has opened a new office in Delhi, its third in India. The firm’s other Indian offices are located in Bangalore and Mumbai.
1 min read · 05 January 2013
