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Suzanne Weinstock

Average high bids for private equity fund interests fell to 61% of NAV in the five months through November 2008, driven by stale holding values, according to Cogent Partners.
The global private equity firm has promoted a slew of executives, including founders of its Mexico City and Sao Paolo offices to managing partners.
Managing director Ramesh Chakrapani has been suspended from Blackstone’s corporate advisory group after having been charged with passing on details of the 2006 Albertson’s buyout.
Moelis Capital Partners also participated in financing the launch of mid-market healthcare industry lender MidCap Financial, which is led by the former Merrill Lynch Capital Healthcare Finance team.
The New York-based mid-market buyout firm has acquired two hospital laundry companies to form Healthcare Laundry Systems in a ‘conservatively financed transaction’ that was more than a year in the making.
The resort operator, which was reportedly in danger of filing for bankruptcy, has refinanced its loan on the day it came due.
The Boston-based venture firm was joined by Greylock Partners, Omidyar Network and SVB Capital in the Series C financing for Digg.
Oil sands-related construction services company Voice Construction has been acquired by middle market investor Genstar Capital. The 173 billion barrels of oil tucked away in Alberta’s oils sands have become increasingly lucrative as oil prices skyrocket.

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