Matthew Savino, who was most recently global head of alternatives at BlackRock, joins as head of US capital markets.
In 2016 the death of Clessidra’s founder and figurehead threw the Italian firm into disarray and threatened to scupper a fundraising process. This year we met the man charged with riding to the rescue.
While successful buyers are likely to take on a healthy number of mid-level staff, PEI looks at which senior personnel have left and who remains behind.
Managing director Jay Park and two other private equity partners executives launched the firm in July.
Chief executive Mario Giannini talked to PEI earlier this year about why the firm was happy to stay out of the spotlight with its IPO and its global expansion.
Some of the largest private equity managers have unveiled their transition plans from founder control to the next generation.
The KKR alum, who spent a quarter of a century at the firm, is breaking with the traditional private equity model with his latest fund, and aiming for better GP/LP alignment.
Tarang ‘Taz’ Katira, 34, pleaded guilty to controlling/coercive behavior and will serve his sentence at Wormwood Scrubs.
Navab had left KKR in 2017 and was set to launch a $3bn debut fund for Navab Capital.
Professor Ludovic Phalippou of Oxford University says GPs must accept that some elements of the PE model are not working so well for LPs. Is he a threat to the industry or its saviour?