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Intelligence

MoneyPlus appoints commercial director

Debt management company MoneyPlus Group (MPG), backed by Palatine Private Equity, has appointed Richard Elgott as commercial director.   Elgott has spent the past seven years working in professional services, most recently at Deloitte and, prior to that, KPMG. He is an accountant by profession and has worked in corporate

Japan flag

KKR appoints chairman and chief executive for Japan

Kohlberg Kravis Roberts has appointed Shusaku Minoda to chairman of KKR Japan from his position as managing director and chief executive officer. In addition, Hirofumi Hirano has been hired as the new managing director and chief executive officer of KKR Japan.   Hirano joins KKR from AlixPartners Asia where he

KKR to invest in Colonie Center

Affiliates and clients of KKR, including KKR Financial Holdings, in partnership with Colonie Pacific, have acquired Colonie Center.   Financial terms of the transaction have not been disclosed.   Colonie is a 1.3 million square foot super-regional mall with over 113 stores that sit on 91 acres in Albany, New

Indian PE deals decline by a third to USD1.85bn in Q1 2013

Indian private equity investments in Q1 2013 were recorded at USD1.8bn, a quarter less than the USD2.45bn worth of investments recorded during the corresponding period last year, according to VCCEdge’s latest Quarterly Deal Report.   Deal volume declined by a third as well, falling from 186 deals to 123 deals.

Handshake 2

NiXEN Partners appoints Vincent Houlot as partner

Independent private equity firm Nixen Partners has appointed Vincent Houlot as partner.   The 37-year-old, who graduated from Ecole Centrale Paris and Oxford University, began his career in 1998 with the consulting firm Bossard Gemini Consulting.   In 2002, Houlot joined NiXEN Partners where he has been involved especially in

AXIOM Sales Force Development joins Evolution’s growth portfolio

Private equity firm Evolution Capital Partners, in partnership with management, has acquired AXIOM Sales Force Development.   This partnership represents the third platform investment in Evolution’s second fund.   AXIOM, based in Dallas, Texas, specialises in global sales coaching, sales methodology, integrated software solutions and implementation services.  Its sales force

Great Wall of China

Advent International opens office in China

Private equity specialist Advent International has opened an office in Shanghai, China.   The office is led by Filippo de Vecchi, managing director and co-head of Greater China, and Andrew Li, principal and co-head of Greater China.   Advent China will provide local market support to existing global portfolio companies

EVCA appoints Lynn Nicholson as senior communications manager

Lynn Nicholson has joined the European Private Equity and Venture Capital Association (EVCA) as senior communications manager.   Nicholson’s (pictured) responsibilities include the delivery of member, industry and press communications with a particular focus on strategy and content.   An experienced communications professional and M&A consultant, Nicholson joins from B2Boost,

Laurent Vanderweyen, Alter Domus

Alter Domus to provide AIF depository services

Alter Domus, a provider of administration services for alternative investment funds and multinational corporations, will be offering depositary services in Luxembourg and expects to be in the first wave of regulatory approvals.   Alter Domus will leverage this experience to provide such services in other relevant countries and is considering

Marketing

Ridgemont Equity Partners invests in Simpleview

Ridgemont Equity Partners, a middle market buyout and growth equity investor, has closed an equity investment in Simpleview, a provider of software and digital marketing services to destination marketing organisations (DMOs).   The existing management team, led by chief executive Ryan George and president Rich Reasons, will continue to run

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