Permira is undertaking a strategic realignment of its Asia operations, with plans to shutter offices in Hong Kong and Shanghai and consolidate its regional leadership in India, according to a report by Bloomberg citing sources familiar with the matter.

MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, has promoted Jordan Gabbert to Head of Investor Relations.

Red Arts Capital (Red Arts), a private investment firm specialising in supply chain-related and logistics businesses, has appointed Sherina Maye Edwards as a Red Arts CEO-in-Residence.

MiddleGround Capital has named Jonathan La as Chief Financial Officer, as the operationally focused private equity firm continues to scale its financial infrastructure across North America and Europe.

Bridgepoint, a UK-based private investment group that specialises in private equity, infrastructure and private credit, has appointed John Dionne and Michelle Scrimgeour as independent non-executive directors with effect from 1 July 2025.

Mid-market private equity firm ECI Partners has appointed Neal Griffith as CFO designate. Griffith joins from pan-European private equity firm, Equistone Partners Europe, where he was CFO and Chief Risk Officer, having joined as Group Financial Controller in 2017.

Global private equity giant KKR has named David Petraeus as Chairman of its Middle East business and established a dedicated investment team focused on identifying and executing opportunities across the Gulf Cooperation Council (GCC) region, according to a report by Reuters.

David Perkins, a seasoned private equity attorney with Cravath, Swaine & Moore, has joined Sidley Austin as a partner in New York, adding to the recent influx of partner hires at Sidley, according to a report by Reuters.