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Canadian pharmaceutical group chairman buys out Edmonton’s ice hockey team, plans in offing for new arena.

Starwood Energy Group, an affiliate of Starwood Capital, surpassed its goal for new energy infrastructure fund.

Study shows that PE funds raised remain high.

Richard F. NeJame has been announced as a managing director for the company.

Together with Great American Capital, the two real estate developers will renovate and expand units in the existing 330 unit property.

Evercore Partners named Daniel Celentano, of Bear Stearns, as a senior managing director in its restructuring advisory business.

Lehman Brothers, struggling under the weight of persistent speculation that it may be in deeper trouble, reshuffled management.

The convergence of alternative assets has largely been a boon to M&A in recent years, with hedge funds, in particular, fueling the market.

Bankruptcies have surfaced with regularity out of private equity portfolios throughout much of 2008.

A group of investors received court approval to acquire the Sharper Image brand.