MinQuest, the private equity firm funded by Canada’s Caisse de dépôt et placement du Québec, will pursue investment opportunities in the mining sector.
Despite vigorous lobbying by business groups, the UK government has pushed ahead with its plans to introduce the annual levy on foreigners working in Britain, which will force many private equity real estate professionals in the country to pay additional UK tax on their personal worldwide earnings.
The alternative assets giant has issued a statement downplaying the damage credit-focussed Carlyle Capital Corporation may cause the overall franchise.
The global real estate investment firm has added a real estate pro as portfolio manager and managing director for its managed accounts group.
In its second fund, Indian venture capital firm Helion Venture Partners has moved beyond technology as its core focus, to include businesses targetting Indian consumer demand.
A joint venture between Morgan Stanley and Duke Energy is partnering with Canada’s Manulife Financial on a 20-story LEED-designed office building in Atlanta’s Buckhead business district.
The real estate arm of Morgan Stanley has invested some of its $2.2 billion Special Situations Fund III to acquire shares in developer Adama in an effort to access the markets of Romania, Ukraine and Turkey.
The former chief executive of UK motoring group AA Tim Parker has joined the European buyout firm, where he has worked on two highly profitable deals earning him the nickname “the Prince of Darkness”.
As Bain and TH Lee work to close their $22 billion Clear Channel buyout, a TH Lee executive appeared before a Congressional committee yesterday to champion private equity’s ownership of media and telecom companies.
The Bay Area private equity firm has hired David Baylor to helm operations as the company grows.