Nordic buyout firm Industri Kapital has achieved a 3.5 times return on its investment by selling veterinary laboratory Ceva Santé Animale to a private equity consortium.
The US private equity community has contributed substantial sums to the ever-expanding war chests of the US presidential hopefuls. Republican candidate Mitt Romney, the co-founder of Bain Capital, has predictably been the most generously supported.
SGAM Alternative Investments has had its second and final closing of a fund-of-funds for investment in Europe and the US.
Quadrant Private Equity has closed an A$500 million fund for investment in the Australasian mid-market, after recently completing its first deal from the fund.
Investment bank Goldman Sachs has raised $20 billion for its sixth buyout fund, the first firm ever to reach this mark - although rival private equity groups are reportedly closing in on even larger totals.
Fortress Investment will pay $2.4bn to acquire Interpool, a provider of global shipping equipment and services.
Macquarie has hit back at claims that it misled workers over pension schemes at Airwave, a police radio business it has just bought for £2 billion. The Australian bank has blamed the confusion on the vendor, Telefonica subsidiary O2 Europe.
US mobile phone service provider MetroPCS has raised $1.15 billion in its initial public offering – the largest amount raised so far by a US IPO this year and an exit for which some of its investors waited more than a decade.
The European Central Bank’s latest report has argued increased regulation of the private equity industry is not necessary, because the impact of a private equity downturn on the wider financial markets would probably be minimal.
San Francisco-headquartered Hellman & Friedman has closed its sixth fund on $8.4 billion, days after announcing massive profits from the sale of DoubleClick.
The property arm of the New York-based hedge fund has filed documents for a $200m publicly traded REIT focused on investments in real estate debt.
Canada’s largest communications company, BCE, has announced it is in buyout discussions about a potential $28 billion privatisation.
Venture capital firm TVM Capital has backed two firms in the space of a week, investing $20 million in a UK submarine company and $12 million in a US-based media services group.
San Francisco-based buyout shop Hellman & Friedman has sold digital marketing firm DoubleClick to internet behemoth Google for $3.1 billion – two years after having taken the firm private for $1.1 billion.
Belgian investor GIMV has increased its investment in a clean technology fund run by Emerald Technology Ventures, as it looks to increase its exposure to the cleantech sector.