Nearly 96.51% of 3i Group’s shareholders re-elected Michael Queen as CEO, The Wall Street Journal reports. Queen is seeking to expand operations by launching an infrastructure-fund focused on India.
The private equity firm recently set up an office in Sao Paolo, Brazil. The firm also named Greenhill Chairman Simon Borrows as CIO to replace Ian Nolan. At Greenhill, Borrows was in charge for founding the European operations.
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