Regulation

Fund formation partner Blair Thompson has resigned from the London-based law firm and will join UK mid-market private equity house TDR Capital.

New York-based Lincolnshire Management has ended its nearly seven-year investment in flatbed trailer manufacturer Transcraft Corp., emerging out of a market downturn with a $71m sale to publicly held Wabash National.

The Stockholm-based private equity firm received commitments from over 50 investors for the new vehicle.

Jonathan Zhu’s departure follows that of ex-Morgan Stanley colleague David Liu, who is moving to Kohlberg Kravis Roberts in Hong Kong.

American International Group has reached a settlement with Peter Yu and William Jarosz, the former heads of its private equity arm. Both sides are claiming victory.

The Stavanger, Norway-based venture capital firm has raised $283m at the first close of its latest fund, ahead of its original target of $200m.

The Frankfurt Stock Exchange-listed private equity firm has held a final close on its fifth fund, ahead of its €375 million target.

Following a recent fact-finding trip to China, the board of CalPERS is re-assessing its investment strategy in the world’s most populous country. By Paul Fruchbom.

The buyout firm has made a 178p per share bid for Inventive Leisure, the AIM-listed owner of the UK vodka bar chain.

Amid an increasingly competitive environment, many venture groups are doing what they can to keep their early stage investments under wraps. By Ken MacFadyen.