The global buyout group, whose name means "surprisingly different", has made its first investment in China taking a non-control stake in Galaxy, a casino operator, to fund an ambitious programme of property development and expansion.
Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.
Denham Capital Management is the latest US power industry investor to set up a London office, after recruiting the former head of energy at Japanese bank Nomura International Louis van Pletsen.
Gilde’s latest healthcare fund more than doubles assets under management, while continuing to target early stage deals.
The US investment bank is continuing to strengthen its private equity team, now called Morgan Stanley Private Equity, as it raises a $6 billion debut fund just three years after spinning out its in-house PE group.
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.
AIF Capital, an Asia-focused private equity firm, which is based in Hong Kong, has added Rajeev Kalra to its India office. Kalra joins AIF Capital from HSBC Private Equity.
Business services specialist Lyceum Capital has sold health and safety company National Britannia Group after two and a half years to asset manager Connaught. Jeremy Hand, managing partner, said there was considerable interest.
Swedish buyout firm Litorina Kapital, led by Harold Kaiser, has held the final close of its latest fund two times oversubscribed despite losing cornerstone investor Swedbank.
Trade buyer Towergate has bought IT company Open International from Montagu Private Equity, led by Chris Masterson, indicating trade sales are still viable as an exit route.
Having recently reported an increase in value and growth in the region, the firm’s private equity real estate arm will launch an East Africa-dedicated fund, its fifth fund in the last two and a half years.
The European mid-cap buyout firm has hired additional staff for its dedicated renewables team as well as promoting two staff.
The Helsinki-listed alternative asset manager has beefed up its management group and created new internal services and investor services units.
Blackstone has boosted its capability to join in the technology buyout trend with the appointment of an 30-year industry veteran to source and evaluate deals.
The mid-market firm is backing the expansion of one of the world's biggest talc mining groups, which already owns the single largest talc production plant.