Citigroup chairman Sandy Weill has ‘not made up his mind’ as to whether he will leave the bank and start a private equity firm, according to a memo sent to Citigroup employees.
Following the G8 Summit, Richard Laing of emerging markets investor CDC outlines why Africa needs long-term private equity capital for a long-term solution.
Babcock & Brown, the Australian investment and advisory firm, has launched a co-investment vehicle with one of London’s most formidable corporate financiers at the helm. By Andy Thomson.
The Munich-based VC firm’s latest fund has received €150 million of commitments from investors in Europe, the US and central Asia.
Karen Bechtel, an investment banker and principal investor at Morgan Stanley for 28 years, has left to co-head Carlyle’s burgeoning global healthcare team.
Thomas H. Lee Partners has sold portfolio company National Waterworks to home improvement retail chain The Home Depot for $1.35bn.
The California-based technology investment specialist has launched into the Chinese market through a tie-up with IDG, which has been investing in the country since 1992.
The Denver-based middle market buyout firm finished fundraising for the oversubscribed vehicle in about half a year, continuing its buy-and-build strategy for new acquisitions.
The UK government-owned emerging markets investor has announced commitments of more than $100m to four separate African private equity vehicles.
As speculation swirls around the future of Citigroup chairman Sanford Weill, new reports suggest a possible private equity venture with Prince Alwaleed of Saudi Arabia.