Private Equity
The bank’s private equity group has hired former partner at McKinsey & Company Peter Baird to head up StanChart’s Africa business, which has so far invested $300m in the continent.
2 min read · 06 January 2013
The $146bn pension has named assistant controller of real estate Marjorie Tsang chief investment officer on an interim basis following the departure of its current CIO this week.
1 min read · 06 January 2013
Michael Langdon is the second senior private equity professional to leave the $41bn pension system in two months. Langdon will help Hermes GPE establish its first-ever Boston office.
2 min read · 06 January 2013
Fundraising by firms targeting emerging markets is accelerating, says trade body EMPEA, which predicts the total will reach $40bn by year end, almost double the $23.5bn raised in the whole of 2010.
3 min read · 06 January 2013
Rift Valley Railways, which operates in Kenya and Uganda, has received financing from a host of investors including the African Development Bank and the International Finance Corporation.
2 min read · 06 January 2013
The firm beat its $400m target and $425m hard-cap, and will make investments of between $25m and $75m in Canada and the US.
2 min read · 06 January 2013
The firm has promoted Anand Philip (pictured) to managing director and Joyce Demonteverde to vice president. The moves come as Castle Harlan prepares to defend its quick flip of Norcast.
2 min read · 05 January 2013
Graham Thomas, global head of private equity at South African lender Standard Bank, has left the company as it scales back principal investment activities, with more departures to follow.
2 min read · 05 January 2013
Committed Advisors, founded by former AXA PE executives Daniel Benin and Barthelemy de Beaupuy, has already closed on eight transactions.
1 min read · 05 January 2013
The Michael Green-led firm is expected to hit its hard-cap of $425m for its debut fund, which has shrugged off the stagnant fundraising market and the hesitancy of LPs to back new firms.
2 min read · 05 January 2013
