Central and Eastern Europe’s oldest private equity firm, Enterprise Investors, has opened its office in Prague and appointed Ivan Jakubek to lead its operations. Jakubek joined EI in 2005 and is responsible for business development in the Czech and Slovak Republics. He has more than seven years of experience in private equity, corporate finance, consulting […]
Having recently backed the £20.75m management buyout of celebrity, music and sports agent Formation Group, mid-market private equity firm Gresham Private Equity has hired Anthony Bull as partner in its investment team. Bull joins from Tokyo-based Mitsui Private Equity where he was principal. Prior to Mitsui, he spent 10 years at 3i and LDC. Bull […]
The Irish Venture Capital Association has elected John Tracey, CEO of publicly quoted investment company TVC Holdings, as chairman. He succeeds Joe Concannon, investment director with the venture capital division of Bank of Scotland (Ireland). Tracey has over 20 years of experience in venture capital and previously worked in the semiconductor industry. With only 16 […]
The private equity arm of Lloyds Banking Group, LDC, has appointed Tony Norwood as investment director in its Yorkshire office. Joining from Bank of Scotland, Norwood’s will be part of the four-strong deal team that will invest the remainder of the £250m LDC has allocated investments in 2009. So far this year, the mid-market firm […]
Direct secondaries specialist Vision Capital has expanded its team with the appointments of four executives who will focus on operating capability, debt, finance and legal functions. Johan Ven de Steen will become the firm’s first operating partner. He joins from KKR-Capstone and will be responsible for the performance of portfolio companies and assessing new investments. […]
Assets Under Management: C$39 billion (US$35.3 billion). Private Equity Portfolio: C$1.4 billion. Leader: Leo de Bever, CEO, Alberta Investment Management Corp., Edmonton, Canada; previously CIO of Victorian Funds Management Corp., an Australian pension fund. His career includes stints at Manulife Financial and Ontario Teachers’ Pension Plan. Select Clients: The Alberta Heritage Savings Trust Fund and […]
Capital Dynamics has adapted its due diligence strategy to changing market conditions
Wonder what manner of grilling you’ll receive from potential investors next time you approach them cup in hand? Look no further than Capital Dynamics, which has quickly adapted its due diligence strategy to changing market conditions.
Institution: Adveq Management AG Assets Under Management: $4 billion Head of U.S. Office: Lee Gardella, managing director and head of investor relations and development (North America) Size of Current U.S. Fund of Funds: $458 million At a time when raising a fund is a struggle for even the most established buyout shops, emerging managers may […]
Institution: Tennessee Consolidated Retirement System Assets Under Management: $26 billion Leader of Private Equity Program: Lamar Villere Size of Private Equity Portfolio: $800 million Target Allocation: 3 percent Private Equity Consultant: Strategic Investment Solutions The $26 billion Tennessee Consolidated Retirement System has adopted a cautious approach to private equity after starting its first program dedicated […]