The Russian arm of Baring Private Equity Partners has closed the first foreign fund in Russia since the economic crisis of 1998.
The German private equity firm has hired Dirk Lupberger, former head of Siemens Venture Capital.
Sustainable Asset Management has completed its first private equity fundraising efforts with closings on two related vehicles that will invest in alternative energy companies.
The venture capital unit of Deutsche Bank and IT group Hewlett-Packard have invested E24m in a UK company developing wireless infrastructure support.
The US buyout specialist has closed on $1.6bn, having scaled back its latest buyout fund.
The Silicon Valley firm is past the first closing on its first European fund, which is expected to close at E100m by the middle of the year.
The US buyout firm has agreed to buy the European distribution operation of the French telecommunications giant Alcatel.
The private equity firm is seeking investors for a second fund aimed at the global energy market.
Oversubscribed by $600m, the fund will be investing in North American and European real estate.
The Dubai-based Rasmala Buyout Fund is acquiring Aramex International, a courier business servicing the Middle East and India, in a $61m deal.
Fundraising in 2001 proved difficult for Wilton Asset Management, whose private equity fund fell $60m short of its original target.
Israel’s largest insurance company is looking to set up its own venture capital fund to invest directly in local businesses.
The firm’s third fund, $30m short of its target, will invest in Israeli companies operating in the communications and IT sectors, in particular enterprise software.
The US private equity firm has invested in the French speciality chemicals operation of Goodyear, the tyre manufacturer.
The German venture capitalist is looking to close its second fund by the end of the first quarter in 2002.