Jennifer Harris

NASDAQ is consolidating Goldman Sachs' GSTrUE, Bear Stearns’ Best Markets, and OPUS-5, all private exchanges, which allow private equity firms to list with less disclosure requirements.

The San Diego County Employees’ Retirement System has created a 5 percent allocation for infrastructure, making it the latest pension fund to earmark funds for an asset class that many pensions like for its long-term, stable returns and low correlation with the overall market.

In the latest stage of his very busy retirement, Tom Hicks has made a formal return to private equity with the launch of Dallas-based Hicks Equity Partners and the hiring of three managing directors for the firm.

TPG, General Atlantic and Newbridge Capital have partially exited their investment in Lenovo, just two years after backing the computer company’s acquisition of the personal computer business of IBM.

Fort Washington Capital Partners is targeting $250 million for its sixth fund of funds, which will invest in equal numbers of venture and private equity funds.

Brazos Private Equity Partners has acquired two food manufacturers, the firm’s first moves under the food and beverage investment programme it launched last year in partnership with former Brach’s Confections head Terry O’Brien.

CVC Asia Pacific added a $200 million mainland blind manufacturing business to its basket before closing the $750 million deal for shutter manufacturer Nien Made.

The Carlyle Group has hired Ellen Gonda, formerly a financial communications director at PR firm Brunswick Group, to lead its public relations efforts in North and South America. It is part of a larger expansion that will double the size of Carlyle’s global communications department.

Mineral cosmetics maker Colorscience stands to benefit from new owner VMG Equity Partners’ connections to Los Angeles talent agency The Firm.

Tom Gores’ Platinum Equity will add to its already substantial telecom portfolio with the acquisition of Covad Communications.