SGAM Alternative Investments has closed its fourth fund in eastern Europe at €156 million ($211 million), above its initial target. The fund will target mid-market deals right across the region.
More than doubling the size of its last vehicle, Heitman has closed an $800m fund to invest in North American value-added opportunities.
US bank Greenhill has held the first closing of its debut European fund, with 61 percent of the equity coming from the firm and its employees, as the latest example of an investment bank increasing its private equity activity.
US alternative asset manager Oaktree Capital is to list 13 percent of itself on a private market being developed by investment bank Goldman Sachs.
Fortress has completed a $2.84 billion closing on its latest fund with a $5 billion target. The publicly traded alternative investment firm simultaneously announced a $3.5 billion deal.
Buffalo, New York-based Summer Street has closed its second fund on $187 million, exceeding its target by $37 million.
Taking advantage of the downturn in the sub-prime market, the Dallas-based private equity firm has acquired Accredited Home Lenders for $400m.
In the October 2006 issue of Private Equity International, we produced a selection of the 30 most influential lawyers in global private equity. Here, we remind our readers of some of the legal world's most valued practitioners.
Buyout firm Industri Kapital has exited from Elektrokoppar after nearly 10 years invested in the company and several difficult economic cycles in the copper industry.
European mid-market firm Doughty Hanson enjoys successful fundraising after setback of abandoned quoted fund last year.
The UK government fund of funds manager in developing markets has posted strong results for 2006 while sounding a note of caution as a wall of money heads for new markets.
Investment bank Challenger Capital Group has merged with Foxbridge Partners, a middle market private equity firm established last year.
According to the PEI 50, a new league table from Private Equity International magazine, as many of the largest 50 firms in the world are based in London as in New York.
The PEI 50, a new ranking from Private Equity International magazine, reveals The Carlyle Group has the largest private equity direct-investment programme in the world, having raised $32.5 billion in the last five years.
Oak Hill Capital has placed a $1.4 billion order for six Boeing 777 freight planes, which the Robert Bass-led firm will then lease. The planes will add to the firm’s existing portfolio of 25 passenger aircraft.