The UK's second largest pension fund the Universities Superannuation Scheme is demonstrating its appetite for alternatives with the appointment of two private equity specialists to lead its co-investment programme alongside its fund investments.
US buyout firm The Carlyle Group has expanded its financial services team with a string of high profile appointments, after closing a real estate and a European fund last week.
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
Rudy Scarpa has left Coller Capital, the secondaries firm founded by Jeremy Coller (pictured), to open rival Pantheon’s New York office.
The private equity real estate arm of private equity giant The Carlyle Group has closed its fifth US-focused property fund on $3bn.
Travant Capital Partners, a Nigerian buyout firm targeting indigenous investors, is targeting a $150 million close in October.
The private equity real estate arm of The Carlyle Group has closed its fifth US-focused property fund on $3 billion.
Snow Phipps Group has closed its first fund on $620 million, exceeding its $500 million target.
Mid Europa Partners has raised the largest ever central and eastern European fund.
Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
Global buyout firm Advent International has completed its reorganisation of its central and eastern European operations with the opening of an office in Ukraine.
Qatari investment arm Three Delta is likely to increase the equity component of its offer for FTSE 100-listed Sainsbury’s to meet concerns of the board that the company will be over-leveraged.
Lone Star said in a letter to Accredited Home Lenders today that it would loosen the closing conditions of the deal if Accredited agrees to cut its price from $400m to $225m.
Media group SMG has sold outdoor advertising business Primesight to buyout firm GMT Communications, easing the financial difficulties faced by the seller’s board.
US investment bank Lehman Brothers has reportedly hired Jeb Bush, the US President’s brother, to advise its private equity business.