Citigroup Alternative Investments has appointed Mathias Giebken to be its first head of institutional sales in Germany and Austria.
Private equity firms invested a record $7.46 billion in India during 2006, more than triple the amount invested in 2005, according to Venture Intelligence, an Indian industry research service.
The Robert Bass-affiliated private equity firm will pay $575m for nine network-affiliated, regional television stations.
The Carlyle Group has promoted eight professionals to managing director in its US offices in a bout of global appointments.
Last year, British architect Sir Norman Foster unveiled a giant glass pyramid in Astana, the capital of Kazakhstan. Now, he is back, this time to build a huge tent that will shield a giant urban park.
The Boston-based firm has announced 18 new institutional investors, five years after closing a $90m predecessor fund.
$401 billion raised worldwide – buyout alone accounts for $204 billion. Private Equity Intelligence’s 2007 Global Fundraising Review reveals the success that private equity firms had in raising new funds in 2006.
Dubai International Capital has withdrawn its proposed £450 million bid for Liverpool, English football’s most successful club side, after the board failed to agree to the terms of its buyout offer.
The firm will retain Phillips Investment Resources’ existing management team, led by John Coyle, the company’s president, and Thomas Phillips, its chairman.
The UK venture firm has joined in a fresh round of funding of Plastic Logic, a flexible display developer it seeded, to build a factory.