Following a strong half year for the banking giant’s private equity advisory arm, Merrill Lynch has made a series of internal promotions, including Jeff Kaplan’s elevation to global head.
The London- and Paris-based renewables specialist has brought a portfolio of investments under one financing regime provided by German bank Nord/LB. The firm says the refinancing, which extends financing by 16 years, will enhance returns to the fund.
The French alternatives firm has smashed its initial fundraising target of €300m against a difficult market backdrop, a week after selling a stake in the management company to Spanish firm N+1.
More than 55 leases in the US oil- and gas-producing region are involved in the firms’ Royal Offshore joint venture. The agreement represents Avista’s second multimillion dollar energy exploration deal in the past two weeks, as it continues to deploy its debut $2bn fund.
The UK Government’s emerging markets fund of funds has made commitments to four Chinese funds. It expects these funds to go on to raise a total of $1.7bn from other sources for investment in the region.
Kravis and partners must be allowing themselves a pat on the back after pushing the button again to go public, writes Nicholas Lockley.
A year after registering for a $1.25bn IPO, Henry Kravis has unveiled his firm's revised plan for a public float, which includes taking over KKR Private Equity Investors and which values the combined firm at up to an estimated $18bn.
The New York firm led by former Warburg Pincus vice chairman Howard Newman has partnered with Australian Stock Exchange-listed Comet Ridge to develop US oil and gas assets. Drilling will commence immediately at the company's Colorado oil field.
The state’s $154.5bn Common Retirement Fund, the US' third largest public pension, has joined a growing list of heavy-hitting LPs lining up for a fund targeting as much as $20bn.
The private equity firm beat its combined target of $6.5bn for the two funds. It is the first time Lone Star has raised separate, side-by-side funds for each investment strategy.
The mid-market captive is banking on the business travel market holding firm as it looks to expand the international travel management company ATP.
The diagnostics group has made 60 acquisitions in four years. With the support of a new group of investors, more are in the pipeline.
The development-focussed bank, which makes private equity style investments, has appointed a temporary replacement while it looks to a successor.
A portfolio company owned by the two Canadian private equity firms will pay $195m for Strawberry Shortcake and Care Bears, two US cartoon properties wildly popular in the 1980s. The deal also includes the acquisition of Sushi Pack, a Saturday morning cartoon, and DIC Entertainment.
The FTSE 100 private equity firm is backing Soya Concept a value-based proposition in women’s fashion. The retail investment adds to fashion brand Hobbs, underwear chain Agent Provocateur and AP Bags, three of 3i's investments.