The New York merchant banking group, along with co-investor AIG, has signed an agreement to sell waste-to-energy business American Ref-Fuel Holdings to strategic acquirer Danielson for a total enterprise value of $2 billion.
Industri Kapital has announced a final close of its fifth buyout fund, more than two years after launch.
The Philadelphia private equity firm has closed its second fund on $360m, ahead of its initial target of $300m.
The US debt provider’s oversubscribed second fund includes $170m from new investors.
Clessidra Capital’s debut vehicle, the largest private equity fund ever raised in Italy, has held a final close on €800 million.
The Canada Pension Plan Investment Board has pledged $380m, including co-investments, to European infrastructure funds managed by the Australian financial services firm The Macquarie Group.
The Dusseldorf-based venture capital firm has closed its second fund after a fundraising period of just six months.
North Atlantic Value, headed by Christopher Mills, has announced a first close of its second UK-focused buyout fund on £45m.
The financial services company is reportedly considering the sale or closure of its $3bn private equity arm, MMC Capital.
The Boston private equity real estate firm closed its sixth fund on $430m, six months after spinning out from Charlesbank Capital Partners.
The Middle Eastern private equity firm has acquired the Jordanian aircraft firm Joramco through a privatisation.
The peer and former CEO of United Business Media will join KKR’s London office as a managing director in April to focus on the media sector.
The Miami private equity firm announced a first closing of $250m for its second venture capital fund with an additional $50m to be added in the next few weeks.
The Greenwich, Connecticut private equity firm held a first close for its third fund on $380m, approximately 60 percent of its $600m target.
Life sciences investor NeoMed Management has held a first close of its fourth venture capital fund on €38m.