The debt fund management division of Duke Street Capital has closed Duchess II at E550m, meeting strong support from equity investors.
The US-based real estate group has closed its latest real estate fund on $335m, with a third of the fund's capital already invested.
Two new deals highlight the sustained level of interest shown by private equity firms in the growing care homes sector.
Vivendi Universal has chosen US venture capital firm Global Asset Capital to take over its struggling Viventures unit.
The transatlantic general partner, which pursues a buy-and-build strategy in the business services sector, has held a final closing of its debut fund on $500m.
The UK bank will retain a near-20 per cent stake in Montagu Private Equity, which will remain the bank’s primary vehicle for European private equity investment.
Now that prospective investors in private equity funds are approaching the due diligence process with the same rigour as GPs have applied to target portfolio companies, there are some important infrastructure issues a GP has to address. Steven Millner of DML looks at what a GP has to do to make sure an LP is going to be satisfied.
Carlyle, Bain Capital and Texas Pacific have reportedly joined forces to back oil billionaire Marvin Davis in his pursuit of Vivendi’s US media assets.
Kurt Björklund is to head up Permira’s new presence in the Nordic region, working alongside the newly appointed Ole Oftedal, who joins as an industrial partner.
The UK private equity house is aiming for a £175m final close for its third fund targeting UK mid-market opportunities.
Texas-based Sevin Rosen Funds has become the latest US venture capital firm to cut its fund back, from $875m to $600m.
UK VCs back UDEX; Super Dimension lands $13m third round; Renovo adds to second round financing; Novartis, Nextech back Genetics acquisition; Novartis, Nextech back Genetics acquisition; Private Equity Investor exits Okena; AXA PE takes Planisware minority stake
The French private equity house has come close to exceeding the target for its third mid-market fund.
The UK mezzanine specialist has comfortably exceeded its original E400m target for its fourth fund for investments in Western Europe.
The Finnish private equity investor has closed its latest split-focus fund on E253m, below the original target of E300m.