Sam Sutton

David ibnAle has experience working with the firm’s co-founder, former Blackstone Group managing director Chip Schorr, who launched Augusta Columbia in a spin-out from Blackstone earlier this year.

The firm purchased aluminium and plastic films producer Terphane in 2010 through its seventh fund, which raised €680m in 2009.

Providence has completed its exit from Kabel Deutschland after an 18 month process that began with an IPO last year. The return generated bolsters the firm's latest fundraising effort.

Katita Palamar and Bill Farrell are expected to launch a new firm in the coming months.

The $41bn pension system will commit between 5 and 10% of its future allocations to emerging managers, which Treasurer Steve Grossman says generate superior returns.

The Russian Direct Investment Fund, a $10 billion vehicle backed by the Russian government, has partnered on its first co-investment, announcing the formation of the Russia-China Investment Fund with the China Investment Corporation. The fund, which is targeting between $3 billion and $4 billion, will make most of its investments in Russia. The RDIF and […]

The $10bn Russian government-backed fund will collaborate with the China Investment Corporation on a country specific private equity fund.

The firm has appointed former Nycomed CEO Håkan Björklund to assist the firm with portfolio companies’ expansion into global markets.

The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.

The firm beat its $150m target for its second mezzanine fund, capitalising on a growing strategy amid a slowing credit market.