Henderson Private Capital has completed its third Asian investment in a month and announced a first close of its PFI Secondary Fund on £136m.
Vincenzo Morelli, a former CD&R executive and latterly a consultant at turnaround specialists Alvarez & Marsal, has joined Texas Pacific Group in London.
The Los Angeles- and Houston-based investment firm has closed its third energy private equity fund on $550m, more than double its previous fund of $240m.
Amidst a flurry of fundraising activity, the Australian investment bank has announced a final close of its new listed private equity vehicle.
Venture capitalists last year raised 170 funds totalling $17.6bn, $3.4bn more than the previous two years combined, while buyout and mezzanine funds attracted $45.8bn in 103 funds.
The US-based global private equity firm has delivered a second major profit to investors from its holding in Bharti Tele-Ventures, the Indian mobile operator.
Darby Overseas Investments has acquired the management company of Dresdner Kleinwort Benson Emerging Europe, a $220m vintage year 2000 partnership.
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.
European private equity house 3i plans to merge UK coach company Shearings, newly acquired from Bridgepoint for £200m, with existing portfolio company CHG.
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.
Odyssey Investment Partners have closed a US mid-market fund on $750 million, drawing a number of new LPs.
The energy-focused private equity firm has named John Weinzierl to managing director and has announced the hiring of Colin Raymond as a principal.