Graham Winfrey

The firm has hired Chris Leach as a partner one week after adding former Willis Stein partner Philip Pool as co-chairman.

The increasing global population is creating substantial growth opportunities for businesses that address food and water scarcity, says Permira partner John Coyle.

The mid-market firm has launched a Strategic Capital Fund, its first investment strategy outside of buyouts, by adding five former investment professionals from Veronis Suhler Stevenson.

The $130bn pension has invested in Brazilian fashion retailer The Dafiti Group, joining existing investors JPMorgan and Quadrant Capital.

The $500m vehicle led by Gene Yoon has invested in seven companies since its founding in 2012.

The Los Angeles County Employees Retirement Association has increased the total amount of capital in its emerging manager programme run by JPMorgan to $250m.

The largest private equity firm in Africa plans to increase its stake in certain core businesses while exiting non-core investments and transforming into an investment holding company.

The placement agent has hired six professionals, including partner Kirk Rostron, bringing its staff count to 32 across nine offices globally.

A new survey from Toronto-based secondaries advisor Setter Capital puts secondary transaction volume at more than double the previously reported figure – and predicts that 2013 will be a record-breaking year.

Umpqua Holdings will acquire Sterling Financial for $2bn and merge the company into a single entity under the Umpqua Bank name. Warburg and THL will receive a combination of cash and Umpqua shares as a result of the deal.