Robert J. Fitzsimmons, managing partner at private equity firm High Road Capital Partners, shares his predictions at the ACG New York 2012 conference on what to expect in the private equity industry. Fitzsimmons also describes the characteristics that attract PE firms like High Road to make acquisitions. For more from ACG New York, watch "Branford Castle's John S. Castle on new investments, European spillover." - Sarah Hashim-Waris
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.
Apax Partners offers $1.1 billion for Rue21, the same teenage fashion chain it took public in 2009. More video