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 […]
Resilience Capital Partners Names Tim Seitter as President and CEO of Portfolio Company CR Brands
Resilience Capital Partners has named Tim Seitter President and CEO of its portfolio company CR Brands. Tim Seitter has more than 25 years of experience in the consumer packaged goods industry, including serving as the vice president of marketing and head of the Oral Care Strategic Business Unit at Church and Dwight. “Tim combines an […]
Resolute Capital Partners Promotes Christine Hiatt to COO
Resolute Capital Partners, a private equity firm that actively invests and manages investments in energy, commercial real estate, and technology, announced today that Christine Hiatt has been promoted from VP to COO. In her new role, Hiatt will be responsible for delivering on the company’s business plan and investment strategies, while overseeing the daily operations […]
KKR deploys record US$12.5 billion as firm ramped up dealmaking
KKR & Co. deployed a record US$12.5 billion in the fourth quarter, finding buying opportunities in the market turbulence of the COVID-19 pandemic. New York-based KKR also had a record fundraising for the year, taking in about US$44 billion, according to a statement Monday. KKR “had the most active fundraising and deployment year in our […]
U.S. insurance asset sales attract new private equity players
U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such as Sixth Street Partners and KKR & Co Inc have spent billions of […]
Bain Capital Boosts Japan Staff by 25% as Competition Grows
Bain Capital is expanding in Japan as competition intensifies among the world’s largest private-equity firms to win deals from businesses undertaking overhauls. The U.S. company increased its Tokyo headcount by 25% last year to more than 50 people, mainly by recruiting investment professionals, and is open to hiring more, Managing Director David Gross-Loh said. Bain […]
American private equity firms comes to English soccer. Winning tactic or an own goal?
When Burnley Football Club announced, on New Year’s Eve, that American private equity firm ALK Capital had acquired a majority stake in the soccer team, it was viewed as a boon for the club from the modest town in northwest England. Burnley have been consistent overachievers in England’s fiercely competitive Premier League in recent years, […]
Appalachia gas producer Alta Resources exploring $3 billion sale -sources
Privately-owned Appalachian gas producer Alta Resources is exploring options that include a sale of its acreage for more than $3 billion, people familiar with the matter said on Thursday. The move comes as a prolonged slump in energy demand, caused by the COVID-19 pandemic, puts pressure on many North American oil and gas exploration and […]
Squire Patton Boggs adds new partner in London
Squire Patton Boggs has further expanded its Global Corporate Practice in London with the appointment of partner Julian Thatcher. Thatcher joins the firm from private equity (PE) investment firm MHMK Capital Group, where he was an executive in a sub-Saharan African PE fund carrying out transactional and legal work alongside origination and business development. He […]
