Jennifer Harris

The firm has hired two new managing directors to lead its investor relations activities for its private equity fund of funds and hedge fund businesses in New York and Toronto.

In a rare private equity court case, UK firm Cabot Square Capital has come out on top after a four-year argument over fees relating to the liquidation of a Credit Suisse-backed fund.

Venture Investment Associates has raised $225 million for its sixth fund of funds, bringing its assets under management to more than $1 billion.

Arsenal Capital earned a three times return on its cumulative capital invested on the sale of Vertellus Specialities, a chemical company Arsenal formed just last year.

The Carlyle Group has closed two deals this week: one in partnership with HIG Ventures and one with energy-focussed Riverstone Holdings.

Tech start-up entrepreneur Eric Litman has crossed over to venture capital, taking the reins of WashingtonVC from founder Mike Mann.

ALPS Fund Services is the second investment advisor to create an exchange- traded fund based on Red Rocks Capital’s Listed Private Equity Index.

TPG plans to make its third investment in the Asian financial sector with a ¥20 billion investment in the Japanese lender.

Draper Fisher Jurvetson will join the ranks of private equity and venture firms dabbling in show business: the firm plans to partner with Creative Arts Agency to invest in entertainment projects.

The private equity firm has raised $1.75 billion for its sixth Atlantic and Pacific fund, a vehicle for non-US limited partners.