Point72 Asset Management, the hedge fund founded by Steve Cohen, is entering the booming private credit market with a new strategy headed by Todd Hirsch, a former Senior Managing Director at Blackstone, according to a report by Reuters citing an internal company statement.
Global law firm Norton Rose Fulbright has appointed Jamal Tuhin as a Partner in London. Tuhin, who joins from Dechert, acts for PE and financial sponsor clients across Europe and the US on every phase of international and domestic M&A transactions.
Lim Hyoung-seok, a former Vice President at KKR Korea, has left the global private equity firm after nine years to establish his own private equity fund, Neos Equity Partners, according to a report by the Korea Economic Daily.
Law firm Debevoise & Plimpton has expanded its 500-plus strong private equity group with the addition of private equity M&A lawyer James Grimwood as a Partner. Grimwood’s appointment was originally announced in October 2024.
Cornell Capital, a US-based PE firm with $5.3bn of AUM and offices in New York and Hong Kong, has promoted Jennifer Cattier to Partner. Based in New York, Cattier will oversee firm operations and personnel, and infrastructure initiatives.
US-based law firm Honigman is growing its Chicago office with the addition of Richard “Richie” Catalano as a Partner in the Transactions & Counselling Practice Group and Corporate Department.
Alternatives manager KKR has appointed Yoshi Takemoto as Managing Director to head the firm’s global wealth solutions platform in Japan, according to a report by FiNews.Asia.
Blackstone is expanding its private credit business by hiring two experienced credit professionals, Andie Goh and Jack Ervasti, to handle investment-grade deals. Joining from Ares Management and KKR, the new hires will focus on asset-based debt, according to a report by Bloomberg.
President-elect Donald Trump intends to nominate billionaire investor Stephen Feinberg, co-leader of Cerberus Capital Management, a private equity firm with investments in defense contractors, for the role of Deputy Secretary of Defense, according to a report by Reuters.
Tonka Bay Equity Partners has promoted Vince Thao, who joined the firm in 2022, to Senior Associate, with responsibilities including transaction diligence, structuring, and portfolio governance.
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