Suzanne Weinstock
The publicly-listed firm’s advisory division has tapped former Citigroup banker Ivan Brockman for an office in Menlo Park.
Several months after a merger with ABN AMRO Asset Management, the Paris-based asset manager has set out to raise an ‘infrastructure-style fund’ making project-level investments in wind, hydro, solar and biomass.
The Munich-based private equity firm has sold its majority stake in ZPF therm Maschinenbau after two-and-a-half years to DZ Equity Partners, the Frankfurt-based private equity arm of DZ Bank.
The middle market specialist has raised $2.3bn from family offices and endowments for its fifth fund, which has more than double the life of a standard fund, demonstrating the firm has the capital 'to put their money where their mouth is and be long-term investors'.
The UK turnaround specialist has hired David Wardrop and Tristan Craddock as investment manager and investment executive respectively. The hires grow Rutland’s investment team to 11 as the firm continues to deploy its £320m second fund.
The venture capital arm of Nordic industrial holding company, Investor AB, has named veteran Stephen Campe as president. Henry Gooss will retire from the position and become a senior advisor.
Roughly two years after acquiring Jil Sander from Prada, the European retail-focused private equity shop has exited to Italy’s GIBO, a subsidiary of Tokyo-listed Onward Holdings. While owned by Change Capital, Jil Sander's EBITDA grew from negative €13m to €6m.
The First Chicago Equity Capital spin-out has acquired the MedSystems business of Ohio-based Cardinal Health. Cardinal last year sold a unit to The Blackstone Group for $3.3bn.
The Massachusetts-based private investment firm has sold Vertex Fasteners to industrial equipment distributor DXP Enterprises three years after the initial acquisition.
Good returns are essential for IGNIA, which looks to create meaningful change in the lowest socioeconomic segment in Latin America, said co-founder Álvaro Rodríguez. The Monterrey, Mexico-based firm recently held a $21m first close on its debut fund.