The Group, a new United Arab Emirates private equity firm, has been set up to invest AED200m in the region.
All is not peace and harmony between Russia and the US in Europe’s Black Sea region. But investment groups from the two countries have joined forces to prove that co-operation is possible when money – not politics – is the motivation. Andy Thomson reports.
The UK mid-market private equity firm has announced changes to its senior management team, with Chris Dowling stepping down as managing partner.
Days after the official launch of Blackstone’s $11bn fund, BC Partners has closed the largest-ever European buyout fund on “over €5.5bn”.
The recent announcement that UK pension fund Railpen has set aside four percent of total assets for allocation to hedge funds should come as no surprise: it has always been an adventurous investor. Andy Thomson reports.
UK-based drug development company Oxagen has received almost £32m in a series B round of financing led by MPM Capital in its first European investment.
The bloodless revolution that gripped the watching world and swept Viktor Yushchenko to the office of president in Ukraine may be just over 100 days old, but private equity funds in the region are already gearing up to take advantage. Colm Gilmore reports.
Terra Firma Capital Partners is set to sign terms to acquire German property group Viterra for €7 billion in Europe’s largest private equity deal to date.
The private equity arm of Credit Suisse First Boston has closed its third secondary fund on $2.4 billion to invest in buyout, venture capital and real estate partnerships.
The UK lower mid-market private equity firm has capped its second fund just seven months after launch and well ahead of an initial £200m target.
Israel-focused venture firm Benchmark Capital has closed its $250m Fund II while Israel’s Carmel Ventures has raised $200m for its second fund.
The Greenwich, Connecticut-based leveraged buyout firm has closed their third fund on $650m, surpassing the firm’s original target by $50m.
The Washington, DC-based emerging markets investor has announced the close of a $175m private equity fund targeting Mexico, Brazil and the US Hispanic market.
The New York private equity giant is telling LPs that is has demand for as much as $12bn for its next private equity fund, currently in pre-marketing mode.
The $27bn Pennsylvania pension fund has pledged up to $245m to six private equity funds, including $135 million to two funds managed by Summit Partners.