The global private equity firm is demonstrating a penchant for investing in other firms’ funds. But don’t expect it to launch a fund of funds operation just yet, reports Andy Thomson.
The US healthcare investor has named Ashley Dombkowski, Steven St. Peter and Ilan Zipkin as general partners.
Through its portfolio company Targa Resources, the global private equity firm has announced the acquisition of the midstream energy business of Dynegy for approximately $2.4bn.
In its third exit in two months, San Francisco-based Gryphon Investors, along with Crosslink Capital, has sold sales training provider Miller Heiman to private equity firm Leeds Weld, generating a return of more than 5x its initial investment.
The Group, a new United Arab Emirates private equity firm, has been set up to invest AED200m in the region.
Venture capitalists coming off the telecom and networking highs of yore are seeing new growth opportunities for the semiconductor industry in rapidly expanding consumer technology segments, particularly in Asia.
All is not peace and harmony between Russia and the US in Europe’s Black Sea region. But investment groups from the two countries have joined forces to prove that co-operation is possible when money – not politics – is the motivation. Andy Thomson reports.
The UK mid-market private equity firm has announced changes to its senior management team, with Chris Dowling stepping down as managing partner.
The New York venture capital firm has closed its fifth fund on $675m with limited partners including Goldman Sachs, HarbourVest and Pantheon Ventures.
Days after the official launch of Blackstone’s $11bn fund, BC Partners has closed the largest-ever European buyout fund on “over €5.5bn”.