Private Equity

Morgan Stanley Alternative Investment Partners  has named Kumber Husain as an executive director on its private equity secondary team.

The Blackstone Group has begun fundraising for its seventh flagship fund, hoping to attract $16 billion in commitments.

The new fund, Blackstone Capital Partners VII, is set to match the size of its predecessor, which took four years to net $16 billion before closing in 2012.

Real estate private equity specialist Park Madison Partners has promoted John H. Sweeney to vice president.

If Scotland’s private-equity firms had a vote in tomorrow’s independence referendum, the result would be nigh unanimous: The union with England, Wales and Northern Ireland would be preserved.

The Carlyle Group has snared a BlackRock executive to lead two of its subsidiaries.

Fortress Investment Group is feeling lucky.

The board chair of a UK private-equity firm targeted by an activist investor has advised shareholders to defeat all the activist's proposals at an upcoming general meeting.

New York-based private equity firm CCMP Capital Advisors has closed its latest middle market buyout and growth equity vehicle at $3.6 billion.

David Moffitt, a founding principal of two hedge funds, will try his hand at private equity.

Investors hungry for Asian private-equity funds have poured nearly $4 billion into the Carlyle Group’s latest.

Carlyle closed its Asia Partners IV fund with $3.9 billion in commitments, well ahead of the $3.5 billion target it set in 2012.