Film producers Harvey and Joel Weinstein’s company has reportedly teamed up with Goldman Sachs to set up a $285m Asian film fund, which will finance some leading Asian cinematic talent.
UK-listed private equity group 3i has sold Smart & Cook to Axa for £140 million, generating a return of over three times its investment.
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.
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.
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.
Camcor Partners has closed a $200 million venture capital fund, which will invest in the oil sands business.
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.
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.
The Boca Raton, Florida-based turnaround private equity firm has closed its sixth fund on $6 billion – a 300 percent increase over its previous fund.
Vintage Venture Partners, an Israeli fund of funds and secondaries firm, has closed its third fund at $125 million.
Index Ventures has led a consortium investing in the internet retailer, Ozon.ru, in partnership with Russia’s biggest private equity firm, Baring Vostok.
The Bahrain-based manager has begun marketing its first traditional limited partnership and is targeting a first close on $400m in May, according to one investor.
The Waltham, Massachusetts-based venture capital firm has closed its fourth fund, and recently added a new general partner, Elliot Katzman, to its team of 8 investment professionals.
Donald Nelson, former investor relations head of the Boston-based life sciences venture capital firm, has left to form NelCap Advisers, his own placement agency and consulting firm.