Graham Winfrey
Guido Padovano, former head of Merrill Lynch Private Equity in Latin America, will oversee a team of investment professionals in Sao Paulo, Brazil.
Shares in the Danish jewellery manufacturer climbed nearly 18% in its first day of trading Tuesday on the OMX Copenhagen exchange.
The mid-market firm’s most recent investment from Europe Fund IV came last month with the acquisition of waterwear brand the Arena Group, Riverside’s first-ever deal in Italy.
The Washington State Investment Board has approved commitments to GTCR’s tenth fund, targeting $3bn, and Southern Cross’ fourth Latin America fund, which closed last month on $1.68bn.
The $14.2bn pension has committed to Lexington's seventh secondaries fund and Panda Energy's infrastructure fund in recent months.
The Greenwich, CT-based firm received commitments from 10 new LPs, according to co-founder Hendrik Hartong.
The Oregon Investment Council committed $100m to Warburg Pincus joint venture Sheridan Production Partners II, a re-up for the OIC, which committed $100m to SPP I in April 2007.
President and COO of Blackstone Tony James said LPs should not expect to get a 'Tiffany ring' for the same price as a 'Sears ring' when looking for GP concessions.
The London-based firm has opened a New York office and completed an investment in Brazilian manufacturer Terphane from Vision’s seventh fund.
The firm will reportedly pay $200m for a 40% stake in Sao Paulo-based Patria Investments, with which Blackstone has had a strategic alliance since 2004.