Carlyle, Bain Capital and Texas Pacific have reportedly joined forces to back oil billionaire Marvin Davis in his pursuit of Vivendi’s US media assets.
Kurt Björklund is to head up Permira’s new presence in the Nordic region, working alongside the newly appointed Ole Oftedal, who joins as an industrial partner.
MidOcean Capital, the newly established private equity group which last week acquired a E1.5bn portfolio of late stage investments from Deutsche Bank, is to manage the remaining assets owned by Morgan Grenfell’s Fund IV, valued at E1bn.
The UK private equity house is aiming for a £175m final close for its third fund targeting UK mid-market opportunities.
Texas-based Sevin Rosen Funds has become the latest US venture capital firm to cut its fund back, from $875m to $600m.
UK VCs back UDEX; Super Dimension lands $13m third round; Renovo adds to second round financing; Novartis, Nextech back Genetics acquisition; Novartis, Nextech back Genetics acquisition; Private Equity Investor exits Okena; AXA PE takes Planisware minority stake
The French private equity house has come close to exceeding the target for its third mid-market fund.
The Japanese venture firm has announced the second cutback from one of its VC funds, the fifteenth reduction of its kind since the beginning of 2002.
The Los Angeles-based firm has exceeded its original $1.5bn target for its fourth mid-market fund.
The UK mezzanine specialist has comfortably exceeded its original E400m target for its fourth fund for investments in Western Europe.
The Bulgarian Supreme Court has confirmed that Advent International can proceed with its E200m deal for the state-owned telecommunications company.
The Finnish private equity investor has closed its latest split-focus fund on E253m, below the original target of E300m.
The Aria II Fund, CLSA Private Equity’s second fund targeting mid-size companies in Asia, has held a first close at $69m.
UK government-owned private equity investor CDC Group has acquired two power assets from AES in a $329m transaction.
The Canada Pension Plan Investment Board announced today that it has expanded its online disclosure of private equity investments.