July 24, 2008 - Goldman Sachs has reportedly initiated efforts to develop a $10 billion fund that will back leveraged buyouts.
July 24, 2008 - Sagent Advisors has recruited former Merrill Lynch banker Abid Rizvi as a managing director and ex-JPMorgan professional Scott Moses as a principal. They will join the M&A advisory shop's consumer and retail group.
July 23, 2008 - The Carlyle Group plans to invest $75 million in publicly-traded Boston Private Financial Holdings to help the latter shore up its balance sheet.
July 23, 2008 - Barclays Capital said on Wednesday it named James Paris as a managing director and head of paper and packaging industries in its investment banking division.
July 23, 2008 - SemGroup, the privately held US oil trading company that has diversified services in the North American crude oil and refined products industries, declared bankruptcy and will shed assets.
July 22, 2008 - Jefferies & Co. Tuesday posted a steep drop in its second-quarter results, though the middle-market bank's numbers looked much better than in the first quarter and were better than analysts' expectations.
July 22, 2008 - Kohlberg Kravis Roberts has moved to expand its asset management platform with the hire of veteran investment management executive William Sonneborn.
July 22, 2008 - A day after announcing a new head to its US infrastructure finance business, Barclays Capital named Thomas Rosén as a managing director to build up the firms power sector business.
July 21, 2008 - Barclays Capital named Trace McCreary as managing director and head of US infrastructure finance. He will be based in New York and will report to Rick Van Zijl, managing director and co-head of US leveraged finance.
July 21, 2008 - Private equity firm The Jordan Co. said Monday it has agreed to acquire marine transportation company Harvey Gulf International Marine for $500 million.
July 21, 2008 - Bank of America helped keep the new-found momentum in the financial-services sector going Monday, posting second-quarter results that were not as bad as feared.
July 21, 2008 - Michael Klein, chairman of Citigroup's institutional clients division and head of the private equity and global financial entrepreneurs groups, is leaving the bank after 23 years, according to an internal memo obtained by IDD.
July 18, 2008 - New York firm can now make equity investments as large as $600 million out of its latest vehicle.
July 18, 2008 - Moody's Investors Service lowered the long-term senior rating of Lehman Brothers to A2 from A1 on expectations the brokerage will see further mark-to-market losses on its residential and commercial mortgage portfolios. S&P affirmed Merrill's ratings.
July 17, 2008 - BlackRock Thursday posted a 23% increase in its second quarter net income, earning $274 million for the period.