Sanjay Patel has joined Goldman Sachs’ private equity division from GSC Partners to work alongside Hughes Lepic.
The publicly traded investment banking firm has announced a first close on $558 million for its second private equity fund, with $135 million coming from the firm’s managing directors and professionals.
Having tapped both equity and fixed interest investors, the Helsinki-based private equity firm has announced the final close of its latest mezzanine fund.
Advent International has held a final close of its latest fund dedicated to Central and Eastern Europe on €330m, ahead of its original target.
The emerging markets private equity investor will sell its 9.3% stake in Celtel as part of the trade sale to Kuwaiti mobile communications company MTC.
The $300m GCC Energy Fund has been launched by Standard Bank, Gulf International Bank and Emirates National Oil Company.
Carlyle Group, the Washington DC-based global buyout firm, has raised $7.85bn and $2.2bn respectively for its latest US and European buyout funds.
EQT and Goldman Sachs Capital Partners have made a €3bn cash bid for Danish facility services company ISS.
The £552m buyout of Partnerships in Care puts Cinven back in control of the company it last owned in 2000 as part of the General Healthcare Group.
Three years after finding $400m for its first fund, the healthcare specialist has raised a fresh pool of capital.
The insurance giant’s Global Investment Group has agreed to buy the private equity assets of Dresdner Bank’s Institutional Restructuring Unit, which has approximately €1.1bn worth of interests in about 150 funds.
CSFB’s DLJ Merchant Banking Partners will continue to manage its current portfolio and raise a new fund, while DLJ head Thompson Dean is leaving the firm.
San Francisco-based private equity firm Energy Investors Fund has issued $295m in bonds to refinance bank debt and pay a dividend on its Crockett Cogeneration investment.
The Central and Eastern Europe private equity firm has announced two telecoms exits in the Czech Republic and Romania, which will return $337m to its investors.
Buoyed by a number of exits and three refinancings, the listed entity that invests in funds managed by Candover has reported a 22.7 percent increase in total net assets to £313m.