The venture capital arm of Finnish mobile phone manufacturer Nokia has changed its name to BlueRun Ventures and announced a first close of its third venture fund on $350m.
The New York middle market firm has partially exited Canadian yarn maker Spinrite in a C$203m flotation, scoring almost six times its initial $19m invested a year ago.
46-year-old former Benchmark Capital executive Eric Archambeau has joined the Munich-based VC as a general partner.
The Philadelphia private equity firm and the merchant banking arm of the investment bank Greenhill & Co. team up for another investment in the financial services industry, investing $40m for a minority stake in the specialty finance company.
Paris-based Sofinnova Partners has pulled off a rare fundraising success for a European venture group, raising €385m for its fifth vehicle.
Henderson Private Capital has completed its third Asian investment in a month and announced a first close of its PFI Secondary Fund on £136m.
Vincenzo Morelli, a former CD&R executive and latterly a consultant at turnaround specialists Alvarez & Marsal, has joined Texas Pacific Group in London.
The Los Angeles- and Houston-based investment firm has closed its third energy private equity fund on $550m, more than double its previous fund of $240m.
Amidst a flurry of fundraising activity, the Australian investment bank has announced a final close of its new listed private equity vehicle.
Darby Overseas Investments has acquired the management company of Dresdner Kleinwort Benson Emerging Europe, a $220m vintage year 2000 partnership.
The Philadelphia private equity firm has closed its second fund on $360m, ahead of its initial target of $300m.
The US debt provider’s oversubscribed second fund includes $170m from new investors.
Odyssey Investment Partners have closed a US mid-market fund on $750 million, drawing a number of new LPs.
The energy-focused private equity firm has named John Weinzierl to managing director and has announced the hiring of Colin Raymond as a principal.
The Canada Pension Plan Investment Board has pledged $380m, including co-investments, to European infrastructure funds managed by the Australian financial services firm The Macquarie Group.