Investcorp, a Bahrain-based alternative assets manager, has sold APCOA, a car park operator, to Eurazeo, the French investment group in its first deal outside of France.
The well established Kirkland, Washington-based early-stage venture capital firm has closed its largest fund to date.
A group of investors, including Blackstone Real Estate co-head Chad Pike, discussed the evolution of private equity real estate and infrastructure during a panel discussion yesterday at MIPIM.
London-based Europa Capital has held a first close of €100m on its new fund targeting property in Eastern and Southeastern Europe, which is being headed up by former EBRD pro Tim Norman.
New York frozen dairy dessert retailer Tasti D-Lite has been acquired by buyout firm SPG, which sourced the deal from buyout legend Thomas H. Lee, who is also one of the deal’s co-investors.
Internet protocol takes centre stage in Amadeus follow on funding of ip.access, which provides a seamless transition between mobile and home broadband for mobile phone users.
Global private equity placement agent Helix continues its US expansion, with the addition of a senior vice president to its New York office.
The dental benefits administrator has bought back FdG’s investment for $110m, five years after selling it to the private equity firm for $12m.
Atlanta-based Noble Investment Groups had closed its third hospitality-focused private equity fund on $310m.
The Missouri-based private equity firm simultaneously has announced the fund’s first acquisition of three companies.
Ares and Ontario Teachers’ Pension Plan are buying the vitamin retailer for $1.65bn. GNC was previously owned by Thomas H. Lee, Royal Numico and Apollo.
Orchid Asia, a China-focused growth capital provider, has made three times its money in paper gains from the listing of a portfolio company in Hong Kong on 1 February.
David Goret becomes senior managing director at the New Jersey-based alternative asset manager.
The Bank of America spin-out has closed its second fund, and transferred the ownership of its portfolio from the banking giant to 12 new limited partners.
Princess Private Equity has backed three primary funds and has made its first direct investments through a €50m commitment to Partners Group Direct Investments 2006 fund.