3i has completed the fundraising for its latest vehicle, which will buy minority and majority stakes in public companies and apply private equity techniques.
The Quebec pension giant is paying a 20 percent premium for Legacy Hotels, Canada’s largest hospitality REIT.
US firm Summit Partners has invested in Nomacorc, a manufacturer in the growing synthetic wine closure market.
Denver industrial REIT ProLogis has created a special real estate fund to acquire the assets from a joint venture set up by the California State Teachers Retirement System and Nevada developer Dermody Properties.
Publicly traded alternative asset manager American Capital – fresh from having raised $1 billion in 4 days from its 29th initial public offering – has announced four deals worth more than $172 million in the last two days.
Kohlberg Kravis Roberts is reportedly looking to join Blackstone as a listed company, while Apollo Management is also thought to be pursuing an offering
Actis has bought a majority stake in Sinai Marble in the same month as the Abraaj-led consortium carried out a record deal in Egypt. The smaller deal, in partnership with a family run business, is far more representative of deals in the region.
Dubai World, the investment firm of the Dubai government, is reportedly looking to increase its real estate portfolio in the US and Asia.
The prospects for private equity in the Middle East look good, as a report suggests that the asset class can become a key economic driver in the region in the coming years.
The investment bank has raised $8 billion for it sixth international real estate vehicle, a new record. However, Blackstone’s latest fund may soon surpass it.
Media group Sud-Ouest has bought free magazine group H3S from Edmond de Rothschild Capital Partners as the buyout firm registers its third exit to date.
A consortium of three companies has bought biofuel combustion plant supplier KMW Energi, as buyout firms look to invest in the growing biofuel sector.
Philadelphia-based private equity real estate firm BPG has raised $850m to invest in US real estate.
The ownership of the New York-based middle-market firm has transitioned from its founders to three senior managing directors, in connection with the formation of the firm’s fifth fund.
Actis Capital’s bid for Alexander Forbes has reportedly gained shareholder acceptance, after raising its bid twice and offering to keep a quarter of the company listed on the Johannesburg stock exchange.