Noted angel investor dies at the age of 72
Following the acquisition of Permasteelisa for €353m, Italy’s largest LBO this year, mid-market private equity firm Investindustrial has appointed Luca Destito to its investment team. Destito joins the firm from Investitori Associati where he spent the past six years as partner. He began his career in the investment banking division of Citigroup where he worked […]
Impax Group, the AIM-listed investment manager focused on the environmental sector, has appointed Vince O’Brien as non-executive director to the company. O’Brien is currently the director of London-based outfit Montagu Private Equity where he has spent the past 16 years. With over 20 years of experience in the private equity industry, he was formerly the […]
UK investment firm LMS Capital has appointed David Verey as non-executive director. Verey was previously chairman of Blackstone Group UK where he remains as a member of its international advisory board. Prior to Blackstone, he worked for Lazard Brothers for 28 years, becoming chief executive in 1990 and chairman two years later. He is also […]
German VC house Wellington Partners has appointed Christian Reitberger as general partner to its cleantech and electronic team. For over a year Reitberger has worked as an advisor to Wellington while continuing to invest in technology and cleantech companies as a business angel. Prior to Wellington, he led venture, growth and buyout transactions as a […]
Merrill Lynch’s private fund placement team is to spinout to launch Mercury Capital Advisors next month. The departure of the three executives, namely, Michael Ricciardi, Enrique Cuan and Alan Pardee, comes following the decision by Bank of America to wind down the placement business. Mercury Capital will comprise of 24 executives and be led by […]
Private equity player Advent International has hired a new director to lead the business development of its India operations. Shweta Jalan joins Advent from ICICI Venture in Mumbai where she was also director. Jalan has experience in investments, portfolio management, exits, fundraisings and managing relationships with institutional investors. Prior to ICICI, she spent a year […]
PE firm recruits healthcare and financial services exec
Central and Eastern Europe’s oldest private equity firm, Enterprise Investors, has opened its office in Prague and appointed Ivan Jakubek to lead its operations. Jakubek joined EI in 2005 and is responsible for business development in the Czech and Slovak Republics. He has more than seven years of experience in private equity, corporate finance, consulting […]
Directorbank recruits German director
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