Sushil Cheema

The addition of Lara Sullivan to the team follows the appointment of new partner John Leone and the departure of three partners.

The Los Angeles buyout firm has tripled the size of its previous fund with the close of Green Equity Investors V.

Unitus Equity Fund has decided to set aside 10 percent of its profits to help the world’s poor gain access to microfinance.

The two groups have bought a majority stake in imaging services provider Alliance Imaging from KKR in a deal worth about $153m.

GS Vintage Fund IV, a fund of the company’s asset management private equity group, will focus on the secondaries market.

The Boston-based firm has sold MicroDental Laboratories DTI Dental Technologies, which is owned by the New York-based private equity firm HealthpointCapital Partners.

The global private equity firm has expanded its emerging markets reach with the close of its €523m New Europe Fund II.

In a recently released paper, Josh Lerner is arguing that the US Justice Department’s probe into private equity club deals misses the benefits of such deals.

San Francisco-based hedge fund ValueAct, led by a former BLUM partner, has agreed to enter its second private equity deal with the purchase of publicly traded Catalina Marketing Corporation.

The Minneapolis, Minnesota-based firm has promoted two of its investment professionals, one to the level of partner and one to principal.