Oliver Smiddy

Hedge fund pioneer Julian Robertson has been made chairman of Forstmann Little & Co, the buyout firm whose founder Ted Forstmann died earlier this week.

Craig Butcher has stepped down as senior partner at CEE-focused buyout firm Mid Europa to become a senior advisor. The firm has promoted two to partner as a result.

Tom Attwood, the former chief executive of mezzanine provider ICG, will retire from the firm in March next year.

Mark Henderson, Chris Jagger and Paul Reading have joined UK-focused lower mid-market firm LDC as investment directors. The trio will be responsible for sourcing and completing deals in the £2 million to £100 million equity range, the firm said. Jagger joins from Australian sovereign wealth vehicle The Future Fund, where he worked as a director […]

Ted Forstmann, one of the buyout industry's pioneers, has died at the age of 71 from brain cancer.

UK-headquartered private equity firm Cinven is nearing a first close for its latest fund, likely to be on about €2.5bn - half the target amount for the vehicle.

Babson Capital Management has bolstered its mezzanine and private equity group by hiring Vik Thadani, who will help to boost its coverage of the Asia-Pacific region.

Newly created worldwide funds trade body ICI Global has hired Giles Swan from the UK’s Financial Services Authority to be its director of global funds policy.

Following a speech last month in which he attacked private equity firms as being 'asset-strippers', UK Labour Party leader Ed Miliband has further criticised their 'predatory behaviour'.

Financial services specialist JC Flowers has failed again to acquire the retail arm of UK bank Northern Rock, after the UK Treasury sold it instead to Virgin Money and WL Ross for £747m.