The partnership between NRDC and Apollo has also hired Christina Johnson, the former chief executive of Saks Fifth Avenue, in the latest example of top retail talent making the jump to private equity.
Harry Clark, a veteran lobbyist and communications counselor to industry and government officials, is helping America’s biggest buyout firms establish an advocacy group for the private equity industry.
A multitude of government institutions and formally established family offices make the Gulf Region a rich source of capital for the world's leading GPs. The most significant local player is ADIA, the giant investment authority in Abu Dhabi.
Ian Cash, a former member of the proprietary trading division at Citigroup and co-founder of the global special situations group at Mizuho International, joined London-based private equity firm Alchemy Partners in May this year to head up the firm's new £250 million distressed debt vehicle, Alchemy Special Opportunities Fund. He explains the fund's focus and ponders the future of distressed debt in Europe.
Taking full advantage of ultra-liquid debt markets, buyout funds are handing big sums of cash back to investors. As holding periods shorten, are limited partners in danger of getting too comfortable with private equity's new short-termism, asks Philip Borel.
The sale of Misys is taking longer than some investors would like.
Electra Private Equity, the recently renamed UK investment trust, is hoping to gorge on new deals after seven years of profitable abstinence.
In one of two private equity investments in a professional services firm announced today, the San Francisco-based Hellman & Friedman will take a majority interest of AlixPartners along with the firm’s management.
Returns are strong, financing options are growing and the first mega-deals are in the bag. But as the sun continues to shine on Australia's private equity market, some practitioners are betraying twinges of doubt about the future. Andy Thomson reports.
When Miramax founders Bob and Harvey Weinstein launched their new studio, they benefited from increased investor interest in the movie business - as well as their own reputations as hitmakers. By Aaron Lovell.