People Moves

Managing a private equity firm's contacts means more than keeping track of names and phone numbers. These days, contact management systems span deal flow tracking, portfolio management and investor relations. By Art Janik, Associate Editor

A LONG-TIME PRIVATE EQUITY CFO JOINS AS THE LONDON FIRM SEEKS ITS SECOND FUND

A NEW SAFE HARBOUR RULE ISSUED THIS SUMMER HELPS GERMAN INVESTORS DETERMINE WHETHER OR NOT THE TAXMAN WILL PENALIZE INVESTMENTS IN FOREIGN PRIVATE EQUITY FUNDS

A UNION PROMISES TO BATTLE THE TURNAROUND FIRM AT WORK, AT HOME AND AT PLAY

TONY KNOX HAS STEPPED DOWN AS CHAIRMAN OF LONDON-BASED PRIVATE EQUITY-BACKED PR FIRM FINANCIAL DYNAMICS, BUT IN HIS NEW ROLE HE WON'T BE TURNING HIS BACK ON THE BUSINESS HE CO-FOUNDED

BY OFFERING FUNDS FOR NEW DRUG RESEARCH, THE US FEDERAL GOVERNMENT IS ALLOWING VENTURE CAPITALISTS TO EMBRACE MORE RISK

TWO RECENT LARGE DEALS SAW PRIVATE EQUITY FIRMS ESCHEWING TRADITIONAL ‘FUNDING CONDITION'SAFETY NETS

Energy Investors Funds launched in 1987 as the first private equity fund manager dedicated exclusively to the independent power and electric utility sectors. In December 2003, the group's management team bought itself out entirely from then-owner Dresdner Kleinwort Capital, making it the first time in its history that itwas not a captive firm. With offices in Boston, New York and San Francisco, Energy Investors Funds power investments are located worldwide, but have a clear US focus. This intersection of the expansive energy and private equity sectors, then, provides a daunting task for anyone charged with running the firm. But Mitchell Coddington, partner and chief financial officer at Energy Investors Funds, is up to the challenge. Having joined the firm in 1993 from commercial real estate investor Property Capital Associates, Coddington today heads up all treasury, financial reporting, account, tax and IT matters. As a member of the firm's Investment Committee, he is involved at some level in every investment Energy Investors Funds makes, while as part of the Executive Committee, he helps to manage all of the day-to-day operations of the organization including human resource issues, and to set short and long term goals for the organization.

In search of ‘franchise value’ at the private equity firm. By Chip Hughes

How can GPs get sued? Let us count the ways. The business of private equity is increasingly fraught with legal risks both known and unknown. By David Snow, Editor