Following its enormous success in Texas Genco and other recent energy exits, Blackstone has agreed to acquire an 80 percent interest in Sithe Global Power.
After a busted auction, New York-based Arsenal Capital Partners has acquired a controlling stake in specialty chemicals maker Reilly Industries, agreeing to a deal worth $250m.
The Australian bank has launched a clean technology fund of funds focused on the North American market.
Markstone Capital Group has attracted investment from US and Israeli pension funds to invest in late-stage old economy companies in emerging markets.
Teachers’ Private Capital of Ontario has made a first acquisition for what is expected to be a major insurance platform, buying GCAN Insurance Company in a roughly $150m deal.
Hermes Private Equity has made its first investment from HPEP II, the £250m fund it closed last month.
Technology and life science-focused venture capital firm TVM has raised €240.3 million from European, US and Asian investors to invest in drug discovery and development.
The Australian bank is hoping to raise almost A$1 billion to make controlling investments in global media companies.
The €760 million close completes a trio of 2005 vintage real estate funds for the firm, following August’s closes of US and Asia-focused funds.
Exponent Private Equity, the London-based mid-market investor that closed a £400m buyout fund in August 2004, has completed its first investment.
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