Carlyle Group, the Washington DC-based global buyout firm, has raised $7.85bn and $2.2bn respectively for its latest US and European buyout funds.
Three years after finding $400m for its first fund, the healthcare specialist has raised a fresh pool of capital.
The insurance giant’s Global Investment Group has agreed to buy the private equity assets of Dresdner Bank’s Institutional Restructuring Unit, which has approximately €1.1bn worth of interests in about 150 funds.
CSFB’s DLJ Merchant Banking Partners will continue to manage its current portfolio and raise a new fund, while DLJ head Thompson Dean is leaving the firm.
Buoyed by a number of exits and three refinancings, the listed entity that invests in funds managed by Candover has reported a 22.7 percent increase in total net assets to £313m.
Mount Kisco, New York-based private equity firm Kohlberg & Company has purchased a specialty paper manufacturer for $180 million.
The Canadian early-stage technology firm has closed an oversubscribed venture capital fund, its third since inception.
Roberto Italia, who left the European buyout operation of Henderson Private Capital in late 2004, has joined European private equity group Cinven.
Abraaj Capital, the Dubai-based buyout firm, is launching its second fund with a target of $500m.
Evergreen Pacific Partners hopes to use connections in the Western US and Canada to find deal flow for its new buyout fund.