Global Investment House has acquired a significant equity stake in Ajlan Bin Abdulaziz Al Ajlan & Brothers, a major Saudi textile manufacturer, through its private equity funds.

Glenn H Pease has joined Wood Street Capital Management as Chief Financial Officer.

Former SEC commissioner Richard Y Roberts has been appointed to the Board of Directors of Cornell Capital Partners Offshore, a private investment firm specialising in structured finance an

European private equity investor HgCapital is to become the majority shareholder in the SLV Group, one of the fastest growing producers of innovative lighting systems in Europe.

Simmons & Simmons is advising US private equity firm Oak Investment Partners, on the sale of iTouch to Buongiorno SpA, the Italian-based mobile media and technology company.

Société Générale Index (SGI) has launched SGI Global Security, a benchmark of the security sector worldwide.

Bear Stearns was the bearer of more bad news last week. Investors in its High-Grade Structured Credit Strategies Fund shouldn’t have any hope of recovering much of their money.

With private equity in Western markets increasingly reliant on financial engineering and high levels of leverage, investors are starting to look to South East Europe for investment opportu

HgCapital, the European sector-focused mid-market private equity investor, has implemented a series of senior management changes to continue the firm’s evolution by promoting the next gene

KBW Asset Management, a wholly-owned subsidiary of boutique investment bank KBW, has appointed John B Wimsatt as managing director and portfolio manager for the KBW Financial Services Fund