Facebook co-founder Eduardo Saverin, who owns about 2% of the company, said he would relinquish his U.S. citizenship. This angered two U.S. senators.
People
Icahn buys Chesapeake stake, seeks board changes
Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors.
Warren Buffett's big appetite for newspapers
In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway will probably purchase more newspapers in a few years.
Media exec Sloan eyes Australia's Nine Entertainment: source
U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners CVC.UL to buy a controlling stake in Nine Entertainment.
Kleiner partner sues firm for discrimination
Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm alleging sexual harassment and discrimination.
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Atlas Venture announced today that serial entrepreneur Christopher Lynch has joined its investment team.
Carolyn Mathis, Partner with Harbor View Advisors, Ponte Vedra, Florida has joined theFlorida Venture Forum’s Board of Directors.
President Barack Obama is due to attend a fundraiser hosted by one of private equity's leading lights on Monday evening.
International business school leaders Steven C. Currall and Wendy Beecham will be available to meet with reporters by telephone or in person when they visit several of China’s major cities May 15-21.
Aeris Partners Continues to Expand Cambridge Office with Hire of Senior Technology M&A Professional
AltResources, a leading provider of fund administration services for private equity funds, announced that Joseph Daly has joined the firm as Compliance Director.
Private equity tycoon Guy Hands is putting 20 million pounds ($32.3 million) of his own money into his private equity fund Terra Firma, the Financial Times reported on Friday.
Cliff W. Vrielink will join Sidley Austin LLP as a partner in the recently opened Houston office.
Gloria Mamba has joined the firm as a Managing Director based in the firm’s Johannesburg, South Africa office.
