AP Alternative Assets, the publicly quoted private equity fund launched last week by Apollo Management, a US buyout house, has raised a third more then expected.
The final sale of shares in healthcare services company WellCare Health Plans by George Soros’s former private equity unit, has delivered investors a return of 12 times their original money.
Interest is building around Bebo, a social networking site backed by Benchmark Capital, as founder Michael Birch plays down potential of approach from Viacom, a US media firm.
The Japan-focused private equity house has acquired OCC Corporation, a cable systems company, from the IRCJ, the state-backed corporate rescue organisation.
The captive Asian buyout team of Henderson, a fund manager, has appointed two principals to do deals in the region.
GI Partners, a trans-Atlantic private equity firm, has raised $1.45bn from investors including CalPERS, ATP and Abu Dhabi Investment Authority.
As Starwood Capital looks to expand into India, it has brought Balaji Rao on board to head its operations on the Asian subcontinent.
The UK government’s investment arm dedicated to emerging markets has placed $100m into a vehicle focused on property in African—its first commitment to a fund focused solely on property.
In its foray into Malaysia, the property investment arm of the Australian bank has picked up three properties in downtown Kuala Lumpur.
European buyout group Bridgepoint has won the auction for Dorna, a Spanish motorcycle sports business, despite bidding less than rival Advent International.
Secondaries pioneer Jeremy Coller is targeting almost $4bn for his eponymous firm’s fifth fund after delivering good early returns from his latest vehicle.
European buyout firm Bridgepoint’s buy-and-build strategy in the storage facility sector is starting to pay dividends with the refinancing of Safestore.
The London-based buyout firm is closing the biggest fund of all time, although its time in the sun is likely to brief with KKR, Texas Pacific and Blackstone all scheduled to hold final closes soon that will re-write the record book.
Three private equity firms are in the running to take TNT Logistics, a unit of the Dutch postal firm, private for about €1.3bn ($1.7bn) after a protracted sale.
Spectacular early returns from its third fund have helped Cinven, a European large cap buyout group, to a record fundraising but rival firm Permira is hard on its heels.