Carlyle Group, the Washington DC-based private equity firm, is launching a new European leveraged finance fund to invest in senior and mezzanine loans and high yield.
Dallas-based buyout house Hicks, Muse, Tate & Furst has bought Kerns Oil & Gas as it seeks further inroads into the energy sector.
The San Francisco-based firm, founded by former Bain Capital managing directors, will continue to focus its newest fund on multi-sector, ‘change-intensive’ businesses.
Following a transatlantic merger in 2002, Boston’s Audax Group has agreed to sell its vacuum pump platform Nash Elmo to publicly traded Gardner Denver for $223.5m.
MMC Capital, the private equity arm of Marsh & McLennan, has rounded up a new mega-fund for investments in the global insurance, employee benefits and financial services industries.
Blackstone has joined the firm formerly known as Morgan Stanley Capital Partners in a $1.75bn investment in Vanguard Health Systems, an operator of acute care hospitals.
Unprecedented bank and CDO appetite for leveraged loans in Europe has allowed issuance in the first half of 2004 to soar to an unprecedented €35.4 billion.
The global fund of funds specialist has announced a final close for its second secondary fund.
The lower-mid market UK private equity firm has invested £6m in a specialist provider of care and residential services, its first deal since becoming independent.
Portuguese bank Banco de Investimento Global's (BIG) debut Iberian buyout fund has held an initial close on €20m.
The Boston firm has acquired the test and measurement equipment manufacturer from Madison Capital Partners.
Mark McDonald has joined the secondaries specialist as an investment associate in Pomona Capital's London office to help expand its European franchise.
The Los Angeles-based firm has closed its third fund, with about 80 percent of capital commitments coming from new LPs.
San Francisco-based Hellman & Friedman has also announced the opening of a London office led by managing director Patrick Healy.
Montagu Private Equity shut down its UK growth capital investment fund in April, releasing investors from £80m worth of commitments.