The European mid-market firm has turned its attention to Central and Eastern Europe with the secondary buyout of a Polish manufacturer of rail freight buffers from Advent. The region is becoming a private equity hotspot, but IK will be proceeding with care.
The energy- and commodities-focused US firm has in the past two weeks agreed three deals worth approximately $365m. The firm, a Sowood Capital spin-out, closed its debut global energy fund on $2bn in May.
Having originally set out to raise €10m by the end of the year from both institutions and individuals, InReturn Capital is upping its target in response to strong demand.
Following the completion of its 19th acquisition this year, the mid-market specialist is lining up the launch of its fourth European fund.
Buyout firms have long been labour union targets. As LPs fall into their sights, it would behoove public pensions to extol private equity’s advantages, writes Amanda Janis.
The buyout firm is planning another close for its third Europe fund at the end of October, having already held a second close on €4.8bn.
Following a strong half year for the banking giant’s private equity advisory arm, Merrill Lynch has made a series of internal promotions, including Jeff Kaplan’s elevation to global head.
The French alternatives firm has smashed its initial fundraising target of €300m against a difficult market backdrop, a week after selling a stake in the management company to Spanish firm N+1.
More than 55 leases in the US oil- and gas-producing region are involved in the firms’ Royal Offshore joint venture. The agreement represents Avista’s second multimillion dollar energy exploration deal in the past two weeks, as it continues to deploy its debut $2bn fund.
Kravis and partners must be allowing themselves a pat on the back after pushing the button again to go public, writes Nicholas Lockley.
A year after registering for a $1.25bn IPO, Henry Kravis has unveiled his firm's revised plan for a public float, which includes taking over KKR Private Equity Investors and which values the combined firm at up to an estimated $18bn.
The private equity firm beat its combined target of $6.5bn for the two funds. It is the first time Lone Star has raised separate, side-by-side funds for each investment strategy.
The mid-market captive is banking on the business travel market holding firm as it looks to expand the international travel management company ATP.
The diagnostics group has made 60 acquisitions in four years. With the support of a new group of investors, more are in the pipeline.
The development-focussed bank, which makes private equity style investments, has appointed a temporary replacement while it looks to a successor.