Private Equity
Former Goldman Sachs banker and ex-Delta co-managing partner Kirill Dmitriev will helm the country’s $10bn private equity fund.
2 min read · 05 January 2013
The UK-listed group has purchased a majority stake in US automotive company Hilite, establishing a new fuel efficiency, transmission operation and emissions control platform, says managing partner Ken Hanau.
1 min read · 05 January 2013
The UK government-backed Business Growth Fund, chaired by Sir Nigel Rudd, will make £2.5bn available to invest in British SMEs.
3 min read · 05 January 2013
Year end results show the Canada Pension Plan’s private equity portfolio increased in value from C$16.1bn to C$22.7bn, helping the pension’s total assets reach a record C$148.2bn.
2 min read · 05 January 2013
Supermarket mogul Sir Terry Leahy is to join fellow corporate heavyweights Jack Welch and AG Lafley in advising buyout firm Clayton Dubilier & Rice.
2 min read · 05 January 2013
Private equity professionals are a competitive bunch. But many were likely toasting Cinven’s sale of Phadia this week as further evidence that boom-era buyouts can prove profitable.
3 min read · 05 January 2013
Veronis Suhler Stevenson has sold financial data and software company Ipreo to KKR. VSS created its financial information platform in 2003, says partner Scott Troeller.
2 min read · 05 January 2013
The European Investment Bank’s small business arm has helped push RiverRock European Capital Partners to a €76mn first close.
1 min read · 05 January 2013
Europe and Asia chief Juan Delgado-Moreira has relocated from London to steer the firm’s Asian business to growth in a ‘challenging’ business environment.
2 min read · 05 January 2013
UK-listed 3i, which doubled its investment pace in the past year, set a new 15% benchmark for future returns but CEO Michael Queen reported results for the last financial year which fell short of that despite a successful reorganisation.
3 min read · 05 January 2013