The European private equity firm has backed the management buyout of LEXSI, a French provider of IT security services, for an undisclosed amount.
The charitable foundation of Jeremy Coller, founder of UK secondaries firm Coller Capital, has made a ‘multi-million pound’ commitment to help create a private equity education and research institute at London Business School.
The Nordic firm’s turnaround fund purchased Germany’s Pfaff Beteiligungs two years ago, and has since increased sales from $64m to nearly $90m.
Having passed the halfway mark on fundraising for its new Pan-African fund, its largest ever focused on the region, the mid-market investor is hoping to have invested between $80m and $100m by the end of the year.
The Tchenguiz family, along with three international development funds are the cornerstone investors in The Evolution One Fund, which has raised 40 percent of its targeted R1bn total.
The global mid-market buyout group has upped its investments in buyout and infrastructure deals, despite a roughly 40 percent fall in the total value of its investments over the past five months. The firm’s realisations also slowed significantly.
The Dallas, Texas-based firm’s third fund surpassed its $600m target after six months of fundraising.
The buyout giant has said ‘a number of market conditions’ caused its investment portfolio to lose $1.2bn in value in the first half of 2008, while the firm’s compensation costs for an expanding stable of employees grew by 80 percent.
As British bank Barclays snaps up Lehman’s core investment banking businesses, the fate of the bankrupt bank’s investment management division including its private equity and real estate portfolio has yet to be sealed.
Development financing for two Andalucían photovoltaic plants brings to three the number of Spanish solar portfolio companies held by the renewable energy investments specialist. The debt financings were made from the firm's second fund dedicated to continental Europe.
The London- and Paris-based secondaries shop has closed its latest fund and is looking forward to the ‘attractive opportunity’ for the secondaries market caused by credit market dislocation.
Led by former Abraaj managing director and co-founder Shirish Saraf, the nascent Samena Capital intends to hold a $350m final close on its regional special situations fund by the end of next month and has separately set aside $50m to buy stakes in other Asian asset managers.
Having completed the buyout of an €80m offshore marine parts supplier for its first fund, the Danish lower mid-market firm has widened its investor base for its second fund and already surpassed its €200m target.
The UK software-focused venture firm has closed its second fund on nearly double its £25m target after 10 months in the market.
The global buyout group is having a week of firsts, having closed what it says is the first industrially-focused, mid-market Japanese private equity fund raised by an international firm just a day after making its maiden investment in the Dominican Republic.