More than doubling the size of its last vehicle, Heitman has closed an $800m fund to invest in North American value-added opportunities.
Buffalo, New York-based Summer Street has closed its second fund on $187 million, exceeding its target by $37 million.
In the October 2006 issue of Private Equity International, we produced a selection of the 30 most influential lawyers in global private equity. Here, we remind our readers of some of the legal world's most valued practitioners.
Buyout firm Industri Kapital has exited from Elektrokoppar after nearly 10 years invested in the company and several difficult economic cycles in the copper industry.
US middle market buyout shop Olympus has closed its fifth fund on $1.5 billion.
European mid-market firm Doughty Hanson enjoys successful fundraising after setback of abandoned quoted fund last year.
Nordic Buyout Firm Segulah has hired a partner who specialises in deal generation and management.
Battery Ventures has hired away two tech industry professionals, VeriSign’s Matt Niehaus and Google’s Satya Patel.
CapMan has closed its fourth life science fund, as money continues to pour into the sector following a record breaking first quarter.
Investment bank Challenger Capital Group has merged with Foxbridge Partners, a middle market private equity firm established last year.
The Carlyle Group is in talks over the sale of Groupe Genoyer to CDC Capital Investissement, after around nine years invested in the company, marking another sale in the busy oil and gas sector.
Oak Hill Capital has placed a $1.4 billion order for six Boeing 777 freight planes, which the Robert Bass-led firm will then lease. The planes will add to the firm’s existing portfolio of 25 passenger aircraft.
Film producers Harvey and Joel Weinstein’s company has reportedly teamed up with Goldman Sachs to set up a $285m Asian film fund, which will finance some leading Asian cinematic talent.
Venrock, the venture capital firm originally established by the Rockefeller family, has closed a new fund on $600 million and hired David Siminoff as a general partner.
UK-listed private equity group 3i has sold Smart & Cook to Axa for £140 million, generating a return of over three times its investment.