The private equity real estate arm of private equity giant The Carlyle Group has closed its fifth US-focused property fund on $3bn.
Travant Capital Partners, a Nigerian buyout firm targeting indigenous investors, is targeting a $150 million close in October.
The private equity real estate arm of The Carlyle Group has closed its fifth US-focused property fund on $3 billion.
Snow Phipps Group has closed its first fund on $620 million, exceeding its $500 million target.
Mid Europa Partners has raised the largest ever central and eastern European fund.
Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
Global buyout firm Advent International has completed its reorganisation of its central and eastern European operations with the opening of an office in Ukraine.
Qatari investment arm Three Delta is likely to increase the equity component of its offer for FTSE 100-listed Sainsbury’s to meet concerns of the board that the company will be over-leveraged.
Lone Star said in a letter to Accredited Home Lenders today that it would loosen the closing conditions of the deal if Accredited agrees to cut its price from $400m to $225m.
Media group SMG has sold outdoor advertising business Primesight to buyout firm GMT Communications, easing the financial difficulties faced by the seller’s board.
US investment bank Lehman Brothers has reportedly hired Jeb Bush, the US President’s brother, to advise its private equity business.
Franko Neumetzler, the owner of German lighting company SLV Group, has sold a sizeable part of his majority stake to European buyout firm HgCapital, as he looks to resolve succession problems at the company he founded.
Dubai-based buyout firm Abraaj Capital will hold the second close of its infrastructure and growth capital fund in September, and is on course for a final close on $2 billion by the end of the year.
Sir Richard Branson’s Virgin Group is making its first ever foray into institutional private equity, raising a $400 million Virgin Green fund to invest in renewable energy opportunities.
Indian housing lender HDFC has closed its first real estate fund for international investors—making the firm the largest player in the India private equity real estate space.