Doughty grabs Merrill man for dotcom debut

Article Abstract:

Stephen Marquardt, former head of European technology at Merrill Lynch, will be responsible for raising a $500 million technology fund at Doughty Hanson. He has employed George Powlick and Nigel Grierson from Intel Capital to attract investors to the fund, which will be raised in dollars and will provide equity of between $5 million and $50 million. Marquardt is looking particularly at IPO opportunities, and is attracted to Europe's technology bourses.

Marquardt, Stephen, Doughty Hanson and Company Ltd.

---

Scouring Europe for its dullest companies

Article Abstract:

Leveraged buyout houses should recognize that a lot of money has been entrusted to their care and that they have a responsibility to manage that money sensibly, according to Clayton, Dubilier & Rice (CD&R) Chief Executive Christopher Mackenzie. He emphasizes that, when CD&R purchases a company, it focuses on Ebitda. He feels that concentrating on improving operating results distinguishes CD&R from other buyout houses who seek to buy low and sell high.

Interview, Clayton, Dubilier & Rice Inc., Mackenzie, Christopher

---

Moulton and Apax plan for a future apart

Article Abstract:

One of the best dealmakers in the acquisitions and mergers market, Jon Moulton, is preparing for his departure in January 1997 from buyout specialist Apax Partners. It is rumored that Moulton, who is known to have an abrasive personality, is leaving the company because of his bad relationships with clients, but chief executive Ronald Cohen says that Moulton's departure is amicable.

Investment advisers, Apax Partners S.A., Moulton, Jon

Similar abstracts:

• Abstracts: Bracing for remote control. Environmentalists hail victory as rail plans get all wet
• Abstracts: Clutter control. A plan for all seasons. Click and save
• Abstracts: Cap Gemini's system for conquering the world. Exporting Tandem's Californiaesque corporate culture. Still following the leader
• Abstracts: Nissan searches for its lost youth - and sales. Second gear for European cars in Japan
• Abstracts: Companies that made their mark. Brussels calls for a clean fight

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.