Suzanne Weinstock

The global private equity firm is looking at ways to assist liquidity-constrained investors, according to the firm’s largest LP, SVG Capital. SVG expects low distribution levels for the next 12 months.

The $35.8m fund has invested along with one of its portfolio companies in the management buyout of Colombian vehicle leasing company Rentandes.

Lehman Brothers Private Equity Partners, which is unaffiliated with the collapsed investment bank, saw its losses for the year nearly double during the month of October.

The firm has purchased Enara and First Call in a nascent buy-and-build play in the UK home care market. Last spring, August exited residential care company Healthcare Homes after eight add-ons.

The $37bn university endowment will make substantial cutbacks to its private equity portfolio, which one secondary investor calls a 'sophisticated' move to sell before other LPs do the same.

The venture firm, which spun out of JPMorgan in 2005 but still manages its venture program, has added Michael Jung to its partnership. Jung has been a member of the Panorama investment team since 2003.

Just months after portfolio company Gemini Air Cargo went out of business, the distressed specialist has purchased air courier Flight Express.

Dan Slack, executive director of the Illinois State University Retirement System, will replace Bill Morris who is retiring from the Fire & Police Pension Association of Colorado.

Peter McKillop, a senior communications executive for Bank of America, has agreed to join the private equity mega-firm to ‘tell the KKR story’. KKR recently put off its IPO, expected to complete this year, until 2009.

The clinical-stage pharmaceuticals company, now conducting human clinical trials, has added new investor Nomura Phase4 Ventures to its roster of venture backers in the $93m final tranche.