Blackstone’s Perry says private equity must do more on diversity
Blackstone Group Inc.’s Verdun Perry said the private equity industry needs to step up when it comes to diversifying its ranks and increase the number of places where it seeks out talent. The largest alternative asset manager, which recruited from just nine schools in 2015, now searches for future employees at 44 of them, including […]
Private equity fund Mid Europa Partners expects one deal in Romania this year
Private equity investment fund Mid Europa Partners has 2-3 investments in the pipeline that it could complete in 2021, one of which is in Romania. “Now that our resilience has been tested and the vaccination process has begun, we are confident in 2021,” says Matthew Strassberg, co-managing partner of Mid Europa Partners, according to Ziarul […]
China’s private capital funds must invest, Intertrust Group says
China’s private capital funds must invest to meet investors’ increasing demands for transparency, Intertrust Group says. Intertrust Group, a world leader in providing specialised administration services to clients in over 30 jurisdictions, estimates that around USD5.5 billion will need to be spent by the world’s private capital funds industry to meet these increasing demands over […]
India’s top court bars final tribunal ruling on Future’s $3.4 billion deal
India’s Supreme Court barred on Monday a final ruling by a tribunal reviewing Future Group’s $3.4 billion sale of retail assets until the top court hears objections from aggrieved partner Amazon.com Inc. The outcome of the tussle involving two of the world’s richest men, Amazon’s Jeff Bezos and Reliance’s Mukesh Ambani, could reshape India’s pandemic-hit […]
ECI Partners opens New York office
ECI Partners, a UK growth-focused mid-market private equity firm, has opened an office in New York to support the international growth of its investment portfolio. As part of its expansion, ECI has appointed Brett Pentz as Vice President in their Commercial Team, to lead a newly opened office on Madison Avenue. The US market is […]
As the SPAC frenzy continues, questions arise about how much the market can absorb
Another week and the SPACs continues. Some industry watchers as starting to wonder: Is the party just getting started, with more early guests still trickling in? Have we reached the party’s peak, with the music still thumping? Or did someone just quietly barf in the corner, an indicator it’s time to wrap things up before […]
Winston & Strawn adds M&A partner in Washington DC office
Winston & Strawn has appointed Kathleen Blaszak, as a partner in the Corporate practice in the firm’s Washington DC. “The Washington DC tech corridor is one of the largest growing markets for M&A and corporate legal services,” said David Rogers, Managing Partner of Winston’s DC office. “Katie’s addition to our DC office will significantly enhance […]
CD&R engages former Belden CEO as Operating Advisor
Clayton, Dubilier & Rice today has named John Stroup, Executive Chairman of Belden, as an Operating Advisor to CD&R funds. Stroup joined Belden as President and Chief Executive Officer in 2005 and became Chairman and Chief Executive Officer in 2016. Under his leadership, Belden grew revenue from USD1.2 billion in 2005 to USD2.1 billion in […]
India Tech shifts gears from Venture Capital to Growth Stage Private Equity
Private equity investors have been attracted to the scalability potential of the region’s internet economy, expected to triple from its 2019 level to US$ 300 billion by 2025 on the back of secular trends such as democratization of the internet, transition to a digital economy and the globalization of innovation. The Covid-19 pandemic has acted […]
Compello Partners Announces its Expanded Private Equity Advisory Firm
Trusted private equity advisor Rich Ferraro today announces the growth of Compello Partners, a private equity technology, operations, and security advisory firm serving world-class private equity clients and their portfolio companies. The name “Compello” means “to bring together”—and with myriad resources and ample expertise to offer clients, Compello Partners is positioned for an even larger impact. For […]
