Private Equity
George Mattson has joined Star Mountain Capital in the new position of president after serving as a senior adviser for six years.
Goldman Sachs Asset Management closed its inaugural growth equity fund, West Street Global Growth Partners I, at $5.2 billion.
Harvey Schwartz has been appointed chief executive officer of private equity firm Carlyle Group, effective Feb. 15.
Alan Cline was named head of North America at software and services-focused private equity manager Hg.
TSG Consumer Partners closed its latest buyout fund, TSG9, at $6 billion, exceeding an initial $5 billion fundraising target.
Wilmington Trust agreed to sell its CIT business to private equity firm Madison Dearborn Partners.
Worldwide private equity fundraising will be down an expected 21.5% the full year of 2022, according to alternatives data provider Preqin.
RedBird Capital and Abu Dhabi-based investment firm International Media Investments launched a joint venture with former CNN CEO Jeff Zucker.
DWS Group is mulling a sale of its private equity secondaries business as part of a plan to pull back from areas where it lacks scale.
Thoma Bravo raised more than $32.4 billion in capital commitments in three buyout funds, outraising their respective predecessor funds.