Fundraising

ING has agreed to sell Steadfast Capital’s €305 million fund to a consortium of private equity investors, but the Dutch insurance company still intends to invest in the Frankfurt-based private equity firm’s next fund.

Macquarie is building a US fund of funds business with the help of three former Pacific Corporate Group pros.

Sydney-based Pacific Equity Partners has overcome bird flu fears to acquire Heinz’s New Zealand poultry subsidiary Tegel Foods.

Boston-based Berkshire Partners is the second US private equity group to make a bet on a Canadian retailer in December, investing in women’s apparel company Aritzia.

The Stockholm-headquartered firm has held a final close on what is believed to be the Nordic region’s first dedicated turnaround fund.

Littlejohn & Co. has inked a deal to buy fuel transport company Kenan Advantage Group.

The Middle East private equity firm has closed its new fund, ABOF II, and looks set to invest nearly 25 percent of it in the next six months.

The LVMH affiliated private-equity group, L Capital, has closed on roughly €325 million for its follow-up investment vehicle.

Former DLJ head Thompson Dean has notched his first deal for Avista Capital Partners, the DLJ spinout launched by Dean and other CSFB veterans earlier this year.

The Carlyle Group has joined forces with Robert L. Johnson, the founder of Black Entertainment Television.