Suzanne Weinstock
The mid-market private equity firm has exited Ilchester Cheese in a sale to Norway’s largest milk co-operative. The fourth exit from Ilchester’s 2003 buyout fund netted an IRR in the mid-20 percent range.
Goldman Sachs has invited 94 executives to become partners including the co-heads of Goldman Sachs Asset Management's private equity group.
The retail-focused private equity firm has hired consumer products veteran Phil Marineau as partner. Marineau will join the former heads of office goods company Staples and apparel company Phillips-Van Heusen.
The Canadian venture firm is targeting $100m for its second fundraising effort. Yaletown focuses on early stage cleantech and IT companies in Western Canada and the US Pacific Northwest.
The Cerberus-backed auto financing company plans to restructure its debt in an effort to become a bank holding company and qualify for federal aid.
The residential solar panel installer has now raised $56m in total financing. Venture investment in US solar companies totalled $990m in Q3, a quarter over quarter increase of 66%.
The venture arm of the Silicon Valley-based semiconductor company has made its debut Chinese cleantech investments from its $500m China fund, which closed in April.
The US secondaries, fund of funds and co-investment firm has brought on Jordan Robinson for product development and made additional senior hires for secondary investment and the Asian fund of funds team.
The private equity firm, which will be called Irving Place Capital, spun out of collapsed investment bank Bear Stearns following its acquisition by investment bank JPMorgan.
Credit Suisse and Deutsche Bank do not believe a solvency opinion from valuation firm American Appraisal obtained by Huntsman last week meets the conditions of the deal, shelving plans to close the deal today.