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Australian firms battle over track record

The court case between PEP and spin-out Adamantem shows why attribution is crucial.

Terra Firma loses another MD

Michele Russo, a Doughty Hanson and Lazard veteran who joined the buyout firm as a managing director, has left after over one year in the role, Private Equity International has learned.

Clessidra's outsider owners on how they revitalised the firm

In 2016 the death of Clessidra’s founder and figurehead threw the Italian firm into disarray and threatened to scupper a fundraising process. PEI meets the man charged with riding to the rescue.

Divided over a key issue

Is investor focus on key person clauses misguided?

ICG CEO Evain to step down

Christophe Evain will be replaced in his capacity as ICG’s CEO and CIO by Benoit Durteste in July.

Privately Speaking: Michel Paris of PAI Partners

PAI Partners was nearly destroyed by an internal dispute in 2009. Eight years later, it is deploying its over-subscribed sixth fund. The firm’s head talks about the comeback.

Rutland taps Caledonia for new managing partner

Andy Powell will take over the role from Paul Cartwright, who remains at the firm as a partner.

Privately Speaking: Orlando Bravo

Thoma Bravo just closed Fund XII on $7.6bn, twice the size of its predecessor. Managing partner Orlando Bravo talks about how the firm evolved from a generalist private equity shop to a software specialist, and his own role in that transformation.

Clessidra opens next chapter with Fund III close

‘We feel the full support of our investors’, says CEO Mario Fera, as the firm makes 3x its money from the fund’s first exit.

London & Capital plots PE push – Exclusive

The wealth manager sees an opportunity to provide a one-stop shop for individuals and firms.