Fundraising

New York-based Diamond Castle Holdings has agreed to acquire the 49 percent stake of wind energy generator Catamount Resources that it doesn’t already own. The firm had bought a 51 percent stake in Catamount last month.

The Italian midmarket firm has raised €50 million towards its €150 million target, and will invest in buyouts in northern Italy.

The London-listed private equity firm has increased its focus on the midstream gas and power industry with the appointment of an industrialist in residence.

The healthcare-focused US middle market private equity firm has surpassed its original target of $250m with a $325m final close.

The private equity arm of Société Générale is looking to raise €150m to invest in Central and Eastern Europe.

The specialist European investor in the wind market has reached an interim close of its second dedicated wind energy fund after six months of fundraising.

Chicago-based Linden LLC has held a more-than $100m first close on its inaugural fund. The firm, launched by One Equity vet Eric Larson, is competing on the fundraising trail with another One Equity spinout with an overlapping track record.

The Overseas Private Investment Corporation is turning its attention to Central America and the Caribbean, where the US investment agency will provide up to $45 million to private equity funds targeting these regions.

The European private equity firm has reported realisations of £1.04 billion in the first six months of its financial year, almost double the £603 million realised in the same period of 2004.

Connecticut-based Portfolio Advisors wrapped up its third fund of funds, bringing in $661 million in commitments for a vehicle that lets LPs ‘customise’.