Amanda Janis
Keith Jones is now a senior advisor for Permira’s financial services team, which is led by James Fraser and will increasingly look to target wealth management assets in play.
The Dubai-based investment bank says it will avoid regulatory conflicts from a dual listing, as well as boost liquidity and trading volume by remaining traded only in Dubai.
Chairman Jens Reidel has stepped down as part of a planned retirement process, handing co-chairman roles to managing partners Francesco Loredan and Raymond Svider. Next month John Hosgood, Barclays’ former co-head of leveraged finance, will join the firm to lead a push into credit strategies that will be largely focused on purchasing debt in its own deals.
The Japanese brokerage had reportedly hoped to team with Blackstone to form an Asian mega-fund, but will instead raise its own funds targeting ¥20bn to ¥30bn.
The private equity firm first backed Racal Acoustics in a £52m management buyout from US private equity firm JF Lehman & Co in 2005.
The firm will also cut management fees across the board and has promised not to call more than 30% of LPs’ total commitment next year.
The Paris-headquartered private equity firm has opened two new locations this year on the heels of closing its €1.6bn Fund IV.
As the mid-market firm deploys its €2.4bn Fund III, its parent has considered spinning out the private equity arm as well as potential sales of interests in its existing funds.
The UK-based fabless semiconductor company has now raised roughly $200m from firms including Balderton, Accel, Amadeus and 3i.
The publicly traded mid-market and mezzanine firm has said it will also close two offices and implement ‘internal cost saving steps’ as it re-sizes its operations to coincide with lower business volume. 3i is reportedly cutting 15% of its staff.