Graham Winfrey

Scott Sandell, a general partner at NEA, replaces Josh Green as the industry group’s chairman.

3i, Terra Firma and KPS lead the charge of the operators for PEI's second annual Operational Excellence Awards - along with nine others, including second-time winners Headland Capital and Nordic Capital.

The growth equity firm promoted Charles Dieveney (pic) to the newly created role of COO, leaving his CFO duties to a colleague formerly with E&Y.

Factoring in public market return data can help LPs identify managers who ‘systematically add value beyond what can be easily obtained from the public market’, according to a study from Landmark Partners.

An appeals court has ordered a new trial in the 2010 case that saw Terra Firma founder Guy Hands sue Citigroup over Terra Firma’s 2007 investment in EMI.

South Carolina’s Supreme Court dismissed a lawsuit as ‘moot’ after the state’s treasurer funded an $11.7m capital call to Warburg Pincus Fund XI.

South Carolina state treasurer Curtis Loftis has signed an $11.7m capital call to Warburg Pincus and requested that a lawsuit filed against him be dismissed.

South Carolina’s investment commission has sued state treasurer Curtis Loftis for holding up an investment with Warburg Pincus. Loftis claims the commission failed to provide legal documents related to the investment.

An estimated $14.5bn in capital commitments is expected to reach the end of its investment period in 2013 without being deployed.

Limited partners will likely shift away from making commitments to diversified fund of funds due to poor relative performance and move toward more customized strategies, according to TorreyCove research.