Suzanne Weinstock

Alice Ruth, the former Gordon and Betty Moore Foundation CIO, will lead the newly launched Quadrangle Asset Management.

Wynnchurch Capital has acquired a majority interest in Alberta, Canada-based Surepoint Group.

The Minneapolis, Minnesota-based private equity firm has made an all-equity investment in Pangaea Asset Management.

GLG, Goldman Sachs, and BlueMountain are first time investors in the ‘voice-to-screen’ messaging company.

Michael Lee-Chin has raised $225 million for a Caribbean-focussed private equity fund targeting $400 million.

The data automation company that was backed by Bessemer, Battery, Globespan and MK Capital will be sold for $800 million.

The emerging markets private equity firm is managing a $1 million medical risk management programme aimed at lowering healthcare costs in its East African portfolio companies.

XAnge has closed its most recent fund, counting Moroccan LPs among its investors.

Frank Quattrone, a former CSFB banker who rose to fame during the dot-com era, has launched a technology merchant banking boutique with former CSFB colleagues.

The state investment council's board will soon vote on allocations to Los Angeles private equity firm Levine Liechtman and Clayton Dubilier & Rice.