The founder of Tiger Management and a former Lehman Brothers executive have founded a private equity infrastructure firm.

Private equity firm Siguler Guff & Co. and BNY Mellon Asset Management are taking their strategic alliance a step further, with the latter taking a minority stake in the former.

Boutique investment bank Greenhill & Co. is getting out of the private equity business.

The Blackstone Group on Friday launched its onshore private equity fund management company in China.

JPMorgan Chase’s listed private equity fund plans to raise £40 million (US$65.8 million) with a new share offer.

Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere.

Legendary dealmaker and private equity chieftain Bruce Wasserstein died in New York yesterday. He was 61.

Tata Capital, the investment bank founded by one of India’s richest families, has hired a leader for its private equity business.

Following its successful 2008, Rogers Investment Advisors is preparing to launch its second fund, a private equity offering focused on Asia.

George SorosDespite the crisis that struck the hedge fund industry last year, alternative investments titans remain well-represented on Forbes magazine’s list of the richest Americans.

Fifty-one members of this year’s Forbes 400 are involved in the alternative investment industry. Hedge fund and private equity billionaires are even better represented in the top 100, with 17 entrants.