Fundraising

Dominic Shorthouse’s mid-market fund has closed its second fund despite only exiting two investments from its first fund in 2002.

Citigroup Property Investors has closed on its Asia Pacific real estate fund on $1.3bn, including a $200 million commitment from the financial services giant.

David Simon has become the Greenwich, Connecticut-based firm’s seventh managing director.

3i has made its second investment in two days as it returns to a third round of $125m fundraising for an Indian broadcaster alongside a US supplier of networking equipment for the internet and Oman Investment Fund.

Guggenheim Partners has earned a big payday in the $1.6bn sale of its aircraft portfolio to an affiliate of alternative investment giant Fortress Investment.

Swiss investment manager LGT Capital Partners has closed a €609m fund of funds, which will target the European mid-market.

The estate agent has re-scheduled a shareholder vote for January 26 and reiterated its support for a buyout bid from 3i.

Carlyle has already raised €2.4 billion of its €4.6 billion European buyout fund

P3 and Pearl Holding have each substantially increased their net asset values underlining the record-breaking year enjoyed by private equity in 2006.

Countrywide postpones shareholder vote to give 3i more time to canvass support.