Nicholas Donato

Former Zurich private equity head Jim Kester has joined the $600bn Abu Dhabi sovereign wealth fund as CIO of the fund’s private equity unit.

A senior credit officer at Citi warned the bank's loans to Terra Firma's 2007 buyout of EMI could be a 'huge loss', and revealed Citi viewed the loans as troubled from the start.

A slew of new financial regulations and proposals from the US and Europe are extending their reach into Asia, potentially damaging international investment between the regions.

The mid-market private equity firm held a final close on its $500m target for Fund II, and promoted a number of staff to senior positions.

Former KPMG director Tristan Nagler will help ramp up banking group Investec’s finance offering to British mid-market companies.

The acquisition of Saddle River Valley Bank by JC Flowers follows the revelation Blackstone is planning to acquire small banks around the US.

Due to launch early next year, electronic secondaries trading platform Secondcap has hired former AIM head Martin Graham as chairman.

More than three-quarters of UK managers expect to exit at least half their domestic portfolio companies over the next year, a survey says.

The European Parliament and Council have reached agreement on the final text of the long anticipated Alternative Investment Fund Managers directive.

Just two weeks after hiring the former president of Visa, the firm has taken on the dean of global business graduate school INSEAD, Frank Brown.