Clare Burrows

Under increasing pressure to attract capital, GPs have acceded to investor demands for more transparency and lower fees, according to a global survey from fund administrator SEI.

Clayton Dubilier & Rice has reportedly bid for Greencore, food supplier to supermarkets such as Tesco. It comes six months after it hired ex-Tesco head Terry Leahy (pictured) as an advisor.

Financial development institution CDC Group has appointed Diana Noble as its chief executive, tasked with overseeing the group’s new investment strategy announced earlier this year.

Dubai-based investment bank SHUAA Capital has stopped investing from its two private equity funds and has no current plans to raise a new fund.

Georges Sudarskis, founder of Sudarskis & Partners, criticised astronomic management fees in an interview with PEI’s editorial director Philip Borel at PEI's Emerging Markets Forum.

The power struggle between a GP’s central office and its on-the-ground representatives is the greatest challenge for firms investing in emerging markets, according to panellists at the PEI Emerging Markets Forum.

Criterion Capital Partners has pulled funding for on-demand video service SeeSaw, causing the portfolio company to shut down. In June, Criterion bought a 75 percent stake in the business, formerly dubbed ‘Project Kangaroo’.

Private equity firm TA Associates has acquired technology company CoSentry in a secondary buyout from investment firms McCarthy Capital and WaittCorp Investments.

Emerging Capital Partners has invested $32m in Africa’s telecoms sector, hoping to capitalise on a growing population and increasing consumerism in the region.

Sovereign wealth fund GIC has reportedly invested $300m in an aircraft leasing company owned by Cinven, CVC and Oak Hill.