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Peter Peterson is remembered for much more than co-founding Blackstone.
The firm has launched a 50:50 JV with European mid-market firm 21 Partners to tap into demand from HNW individuals and family offices.
CEOs at KKR and Blackstone received more carried interest or incentive fee distributions in 2017 than the previous year.
The firm has halted fundraising and capital deployment as Arif Naqvi hands over leadership to two co-heads.
André Bourbonnais, who oversaw a major strategy shift at Canada’s Public Sector Pension Investment Board, will join the global asset manager in Q2.
The healthcare firm founded by ex-3i veteran Denis Ribon has hired two partners ahead of a North American office launch.
Marc Dellmann left the Swiss bank in November following a restructuring of its real estate and private markets businesses.
The Permira founder has joined the global asset manager as it bolsters its private assets business.
The veteran will continue as head of direct funds as four executives take up their places on the committee.
Jeremy Hand and Simon Hitchcock will lead the UK private equity firm, while directors Adam Lewis, Luke Kingston and Martin Squier will become partners, PEI has learned.
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