The Philadelphia firm’s new vehicle is focused on multi-stage life sciences companies and is the largest inaugural venture vehicle in the last year and half.
The Minneapolis firm’s eighth middle-market vehicle launches shortly after the May close of Norwest’s $400 million mezzanine fund.
The Newton, Massachusetts private equity firm received key support from the endowments of Princeton and Yale universities.
The Texas-based buyout house has agreed to acquire Centennial Puerto Rico Cable TV Corp. in a $155m cash-funded buyout.
Graphite Capital has made 5x its money on the £63m refinancing of Wagamama in a deal funded by Hutton Collins and Royal Bank of Scotland.
The Cleveland and New York middle-market specialist has acquired Maverick Enterprises, a company that makes neck and cork sleeves for major California vinters.
3i has sold its stake in German energy services provider GWE to Star Capital Partners for an undisclosed sum.
The UK infrastructure investment group has closed its third fund dedicated to investing in private finance initiative projects in the UK and Europe.
The infrastructure investment arms of Ontario Teachers’ Pension Plan and OMERS, respectively, will acquire gas distribution networks in the UK from National Grid Transco in a £3.16bn deal.
Industrial conglomerate Ingersoll Rand has agreed to sell one of its units to New York and London energy buyout specialist First Reserve.