GI Partners, a trans-Atlantic private equity firm, has raised $1.45bn from investors including CalPERS, ATP and Abu Dhabi Investment Authority.
The UK government’s investment arm dedicated to emerging markets has placed $100m into a vehicle focused on property in African—its first commitment to a fund focused solely on property.
New York-based Conduit Capital Partners has wrapped up fundraising for its third fund targeting power generation projects in Latin America, with commitments totaling $393 million – making it the largest PE fund to be raised for the region since 1998.
Private equity has extended to the far corners of the world, cropping up in some unexpected locales. Judy Kuan speaks with Robert Fogler, co-founder of the Rwanda-focused Thousand Hills Venture Fund, about the role for private equity in a smaller market – but one that might well be on a fast-track for growth.
EMP Global, a private equity investor in emerging markets specialising in direct investments, has hired James Seymour, a fund investment veteran.
Chequers Capital, a mid-market buyout firm based in Paris, has raised €600m for Chequers Capital XV, double the size of its predecessor.
The fund closing by Europe’s largest property fund manager comes as research shows €95 billion was invested in European property in the first half of 2006.
Newly-quoted Swiss alternatives manager Partners Group has closed its second fund in as many months
Opus Capital, which separated from Lightspeed Venture Partners just last year, has quickly raised its first fund.
AIG Capital Partners has acquired a significant stake in UTI Group, a Romanian security systems provider, in a $19.5m (€15.4m) transaction.