The Minneapolis firm’s eighth middle-market vehicle launches shortly after the May close of Norwest’s $400 million mezzanine fund.
The Newton, Massachusetts private equity firm received key support from the endowments of Princeton and Yale universities.
The Texas-based buyout house has agreed to acquire Centennial Puerto Rico Cable TV Corp. in a $155m cash-funded buyout.
Graphite Capital has made 5x its money on the £63m refinancing of Wagamama in a deal funded by Hutton Collins and Royal Bank of Scotland.
The Cleveland and New York middle-market specialist has acquired Maverick Enterprises, a company that makes neck and cork sleeves for major California vinters.
3i has sold its stake in German energy services provider GWE to Star Capital Partners for an undisclosed sum.
The UK infrastructure investment group has closed its third fund dedicated to investing in private finance initiative projects in the UK and Europe.
The Israel venture capital firm continues to focus on seed and early-stage IT investments.
The infrastructure investment arms of Ontario Teachers’ Pension Plan and OMERS, respectively, will acquire gas distribution networks in the UK from National Grid Transco in a £3.16bn deal.
Industrial conglomerate Ingersoll Rand has agreed to sell one of its units to New York and London energy buyout specialist First Reserve.
The upstart New York middle-market firm has acquired Priority Air Express from Berwind Financial for $75 million, its third investment since closing a debut fund last June.
Delta Capital Management, manager of the US Russia Investment Fund, has sold Russian consumer bank DeltaBank to GE Consumer Finance for a reported $100m.
ECI Partners has completed two deals in three days, investing £15m in an electronic archiving company and £35m in a sports online and mail order retailer.
The New York-based firm, which provides expansion-stage capital to healthcare companies, fell short of its original $300 million target.
The Greenwich, Connecticut firm’s third fund will invest in healthcare services, clinical products and healthcare outsourcing and infrastructure.