Carlyle Group and Riverstone Holdings have closed their second energy fund, Carlyle/Riverstone Global Energy & Power Fund II, on $1.1 billion.
The largest mezzanine fund raised in Canada brings capital managed by the Toronto-based private equity arm of TD Bank Financial to about C$2.6bn.
Woody Benson joins the Westwood, Massachusetts early stage venture capital firm after heading Lazard Technology Partners’ Boston office.
The Paris-headquartered European secondaries investor has announced the final closing of its third fund to focus exclusively on Europe.
The financial giant’s newest fund will focus on US investments and European buyout funds.
The Boston- and Palo Alto-based venture capital firm closes its Fund IV with significant commitments from European and Japanese investors.
The New York middle-market turnaround specialist raises more than double its previous fund and surpasses its initial target of $350 million.
Sagitta Private Equity, a private equity firm investing in small UK mid-market companies, has closed its latest fund at £105m – beating its £75m target by 40 percent.
The US venture capital firm will take on the formerly bankrupt IT company’s venture capital portfolio in exchange for management fees and a cut of the realizations.
The US investment firm has purchased €35m of Abbey National’s existing LP interest in Hutton Collins’ debut mezzanine fund, as well as making an additional €40m commitment - taking the firm’s fundraising to €200m.
The Waltham, Massachusetts and Menlo Park, California early-stage venture capital firm will continue to finance data communications, and software and service companies.
The Polish private equity firm has held a first close of its €300 million fifth fund, securing commitments from pension funds, insurance companies and financial institutions in the US and Western Europe.
Energy Investors Funds Group closes a US fund for investment in power plants and ‘clean’ energy projects, and announces its independence from Deutsche Bank.
Sir Richard Sykes is to become chairman of Medeus, a new company which has acquired the drugs marketing arm of Elan Corporation in a $120m MBI funded by Apax Partners.
The two firms are equally partnering with company management to acquire technology services company BBNT Solutions, the creator of the first network e-mail, from Verizon.