Roy Behren and two colleagues waited about 20 minutes last night before BGC Partners Inc. equity derivatives head Richard Anthony walked through Madison Square Garden’s 31st Street VIP entrance wearing a tie, pocket square, shoes and laces in New York Knicks orange.
Synovus Financial Corp. , the Georgia bank that lost $2.3 billion since 2008, said Chairman and Chief Executive Officer Richard Anthony will take a medical leave of absence. The lender named Kessel D. Stelling Jr. as his temporary replacement.
About a month after London-based Apax Partners LLP began raising a 9 billion-euro ($12.7 billion) leveraged buyout fund, local rival Permira Advisers LLP told investors it wanted 6.5 billion euros for a new pool, people briefed on the talks said.
Two former senior executives at French private equity firm PAI Partners may raise their own 1 billion-euro ($1.3 billion) fund, a move that would put them in competition with their ex-employer for investors’ money, three people with knowledge of the plans said.