Matt Levin
Tom Connolly, formerly director of the investment bank’s US leveraged finance unit, will reportedly join Goldman’s private equity arm as more and more firms look to invest in debt.
The exodus from the beleaguered investment bank continues as Tudor Investment, whose funds include venture and hedge, has tapped Bear veterans Gregory Hanley and Alan Mintz to co-head its credit strategies unit.
Bayside Capital will provide refinancing and equity infusions to companies with total enterprise values of less than $400m.
The listed mega-buyout firm has hired Merrill chief operating officer Laurence Tosi to replace long-time partner Michael Puglisi, who will stay on as a senior managing director.
Robert Kaplan offered a gathering of midmarket buyout professionals a gloomy vision for the credit markets while noting that the dislocation also provides premium investment opportunities 'if you have the dry powder'.
The Swiss secondary specialist has more than doubled its previous 'unique investment strategy' vehicle.
The emerging markets have sophisticated tech pockets but still trail the US considerably, according to a survey of venture firms.
The $39.2 billion fund, which manages income from the state’s oil and mineral resources, has also cut its domestic equity and fix-income exposure.
The $39bn fund, which manages income from the state’s oil and mineral resources, has also cut its domestic equity and fixed-income exposure.
HarbourVest Global Private Equity has reaped a 3.9 percent gain in net asset value almost exclusively from secondary interests in its private parent company.