3i Establishes U.S. Capital Growth Team

Feb 2 2007 | 10:29am ET

U.K.-based private equity behemoth 3i has recruited nine professionals to form its new U.S. Growth Capital team, and has opened an office in New York to spearhead its growth activities in this country.

The founding partners of 3i U.S. Growth Capital are Robin Marshall, a managing director of the U.K business; Whitney Bower, formerly of Bain Capital Ventures, Geocapital Partners and TA Associates; and Ken Hanau, formerly of Haylard Capital and Weiss, Peck & Greer.


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The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.