Credit Suisse Group AG, the Zurich- based bank that has been selling businesses to raise capital, transferred its DLJ Merchant Banking Partners buyout unit to the fund’s managers.

Colin Taylor, 51, and Susan Schnabel will continue to run the private-equity business, which they renamed aPriori Capital Partners LP, Credit Suisse said today in a statement. The bank has invested in the group’s buyouts and received U.S. antitrust clearance last year to sell those interests to London-based Coller Capital Ltd.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.