Advisory
Unitius recruits ex-Morgan Stanley, UBS leads
Unitius Capital, a financial advisory business that focuses on capital sourcing for microfinance and other socially-focused operations, has recruited former Morgan Stanley India CEO and Country Head Narayan Ramachandran as its new co-chairman, as well...
Macquarie appoints Leong to cover Singapore
Macquarie Group has appointed Leong Yung Chee to its Head of Singapore Client Coverage position at Macquarie Capital Advisers, reporting to Kalpana Desai, Deputy Head of Asia for the division
Advent's Nayak for Morgan Stanley India head
Morgan Stanley has announced the appointment of PJ Nayak, currently an operating partner in India for Advent International Private Equity, and former head of Axis Bank until 2009, as its new India CEO and country head.
Hopu as advisor in CNOOC Bridas deal
Leading private equity and multi-strategy investor Hopu Investment Management has reportedly been retained in its first advisory mandate: supporting Bridas Energy Holdings of Argentina in a $3.1 billion JV with China's China National Offshore Oil Corp....
Merrill's Boston joins CP Eaton to lead private equity
Loren Boston, formerly Managing Director and Global Head of Origination for Merrill Lynch’s Private Equity Funds Group, comments to AVCJ following the news that he has joined leading placement agent CP Eaton Partners as an MD and member of the management...
Evercore buys Neuberger placement group
US boutique investment bank Evercore Partners has announced the acquisition for an undisclosed sum of the Private Funds Placement Group of $173 billion asset manager Neuberger Berman, formerly the asset management arm of Lehman Brothers.
Augentius opens Mauritius office for India
Fund management specialist Augentius has been authorized by regulators to open an office in Mauritius to serve Mauritian-domiciled private equity funds.
LP terms of endearment
LP views differ re the value of private equity to their portfolios; but all agree they want – and expect to get – better terms in their relationships with GPs going forward.
CalPERS supports placement lobbyist status
The board of US LP giant the California Public Employees' Retirement System (CalPERS) has voted to back draft California state legislation compelling placement agents seeking business from public pension funds to register as lobbyists.