Swiss Re Private Equity Advisers, the private equity fund of funds arm of reinsurance company Swiss Re, has announced the final closing of Swiss Re Private Equity Partners II at €409m.
Explorer Investments has held an initial close on €50m of its debut Explorer I fund, aimed at helping Portuguese companies invest in Spain.
The Cambridge, Massachusetts firm’s Fund II exceeds the previous $630m vehicle and is targeting middle market LBOs in the industrial sector.
New investors have signed up for ICG’s new mid-market mezzanine fund, which will have cash resources of up to €1.5bn.
The largest mezzanine fund raised in Canada brings capital managed by the Toronto-based private equity arm of TD Bank Financial to about C$2.6bn.
The New York buyout firm has turned a $150m investment in a pharmacy benefit manager into an 81 percent IRR winner.
Vendex, the Dutch retailer, has received a €1.43 billion offer from a private equity consortium comprising Kohlberg Kravis Roberts, AlpInvest Partners and Change Capital Partners.
The Paris-headquartered European secondaries investor has announced the final closing of its third fund to focus exclusively on Europe.
AXA Private Equity’s secondary unit has achieved its fundraising target for its Fund of Funds II, which has closed on €250m.
Close Brothers Private Equity, the UK mid-market private equity firm, has closed its Fund VII at a capped level of £360m – beating an original target of £350m.
The veteran middle-market buyout firm names a new managing director who participated on the firm's successful Aerobed deal.
The financial giant’s newest fund will focus on US investments and European buyout funds.
The Boston- and Palo Alto-based venture capital firm closes its Fund IV with significant commitments from European and Japanese investors.
A year that begun with a degree of trepidation produced some of the biggest achievements enjoyed by private equity firms in Asia to date. The results of PEO’s inaugural Asian Awards poll reflect 2003’s successes.
Another exit gushes profits in the energy sector as the Irving, Texas energy investment specialist strikes a 3.2 times realization on the sale of Cortez Oil & Gas to publicly traded Encore Acquisition.