Private Equity Firm to take majority stake in PTSG

A majority stake in specialist services provider Premier Technical Services Group (PTSG) is set to be acquired by private equity firm Warburg Pincus. The investor has entered an agreement with Macquarie Capital Principal Finance to jointly acquire a majority stake in the Castleford-headquartered company. PTSG is a provider of niche specialist services to the construction […]

OakNorth Bank makes new hires in the North West, Yorkshire and East Anglia

OakNorth Bank is continuing to strengthen its regional footprint with three new hires to its lending teams in the North West, Yorkshire and East Anglia OakNorth Bank’s 2020 Annual Report revealed that, despite the ongoing challenges of Covid-19, it lent GBP1.1 billion to the Missing Middle last year, supporting hundreds of businesses and helping to […]

Toshiba CEO to step down as board meets Wednesday to consider his future

Toshiba Corp Chief Executive Nobuaki Kurumatani plans to step down as other board members consider his future at the industrial conglomerate amid controversy over a $20 billion buyout bid from his former employer, CVC Capital Partners, a source with knowledge of his decision said Kurumatani, who has run the company for three years, faces a […]

Euh may join former Goldman Sachs execs running private equity firms

Euh Ho-sun, an executive director at Goldman Sachs’ Seoul office, handed in his resignation recently to establish his own private equity firm (PEF), according to industry sources and media reports.Better known as the son of former KB Financial Group Chairman Euh Yoon-dae, he has advised on large-scale acquisition deals and various capital markets transactions, including […]

Kearney appoints new European lead for Private Equity and M&A Practice

Global consultancy Kearney has promoted Alberto Fumo to European lead for the firm’s Private Equity and M&A practice (PEMA). Based in London, Fumo has risen through the ranks in the firm over the last eight years developing the PEMA practice Fumo brings more than 20 years of advisory experience with private equity funds, venture capital, […]

KKR seeks $12 billion for flagship infrastructure fund

Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects, according to people familiar with the matter. KKR began raising the fund, KKR Global Infrastructure Investors IV, late last year alongside its […]

Dillon Eustace appoints Partner in Asset Management and Investment Funds team

Dillon Eustace has appointed Colman O’Loghlen as a Partner in the firm’s fourteen-partner strong Asset Management and Investment Funds team. Colman specialises in advising firms on regulatory and structural issues relating to the establishment, and management of all types of investment fund structures. Prior to re-joining Dillon Eustace in February 2021, Colman spent just under […]

Onex reports Q4 profit up, helped by private equity and credit investment gains

Onex Corp. reported its fourth-quarter profit rose compared with a year ago, helped by gains in its private equity and credit investments. The Toronto-based private equity manager, which keeps its books in U.S. dollars, says it earned a net profit of US$597 million or $6.61 per diluted share for the quarter ended Dec. 31. The […]

Blackstone Announces Appointment of Iain Conn, former Centrica CEO, as Senior Advisor for Energy and Sustainability Investing

Blackstone today announced the appointment of former Centrica CEO, Iain Conn, as a Senior Advisor for energy and sustainability investing. Conn will bring his deep knowledge of the energy sector, climate and sustainability to advise across the firm’s infrastructure and energy businesses. Commenting on the appointment, Sean Klimczak, Global Head of Blackstone Infrastructure Partners said: […]

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 […]