Pete Gallo

Following a wave of realisations in its portfolio last year, the firm is gearing up for growth with the promotion of Daniel Mytnik to the role of partner.

The SEC lacks the manpower and expertise to monitor private equity firms, former SEC chairman Harvey Pitt told delegates at PEI's CFOs and COOs Forum in New York.

For the second time this month, Apax Partners has seen a major buyout offer collapse.

General Electric will buy Lineage Power, whose business lines include power conversion systems for cloud computing, in a deal valued at $520m.

The Carlyle Group has completed its $3.9bn acquisition of NYSE-listed wireless-equipment specialist CommScope.

The Carlyle Group is setting its investment focus on mezzanine opportunities in the energy sector with the launch of a new fund.

Avista Capital Partners is providing a fresh round of capital for the boutique energy discovery and production company Celtique.

Morgan Stanley Credit Partners raised just under $1bn for its debut fund, which focuses on corporate mezzanine deals in North America and Europe.

Behrman Capital recently executed two transactions, a dividend recapitalisation and spin-off, linked to its $303m acquisition of defense contractor ILC Industries in 2003.

A revival in investment activity in 2010 prompted promotions at Summit Partners.