The Dubai-based Rasmala Buyout Fund is acquiring Aramex International, a courier business servicing the Middle East and India, in a $61m deal.
Fundraising in 2001 proved difficult for Wilton Asset Management, whose private equity fund fell $60m short of its original target.
The firm’s third fund, $30m short of its target, will invest in Israeli companies operating in the communications and IT sectors, in particular enterprise software.
The US private equity firm has invested in the French speciality chemicals operation of Goodyear, the tyre manufacturer.
The German venture capitalist is looking to close its second fund by the end of the first quarter in 2002.
The global fund is looking to commit $800m of its resources to opportunities in Europe.
The firm has taken a £5m investment from the Scottish Widows Investment Partnership.
When Chesire-based incubator Facilities Corporate Management (FCM) floats next year, the first thing it will do is strengthen its management team.
The $400m fund will be invested in communications and Internet infrastructure companies operating in Europe, the US and Israel.
The appointees will look to commercialise intellectual property coming out of the Universities of Leeds and Heriot-Watt.
DTU Invest has raised E11m from a syndicate comprising seven Danish-based corporations and three research institutions to invest in Danish start-up situations.
The electronics company has agreed to an E8m investment in nCoTec’s first venture capital fund, taking total commitments to E53m.
The Dutch private equity and VC investment manager has raised E530m from 25 international limited partners.
Investing in mid-market buyouts and development situations, ABN Amro Mezzanine has over £150m to spend.
Hicks Muse and Apax Partners are among the parties thought interested in buying NTL's mast business.