AIG Capital Partners has acquired a significant stake in UTI Group, a Romanian security systems provider, in a $19.5m (€15.4m) transaction.
Switzerland-headquartered alternative asset management firm Partners Group has held a final closing for a dedicated Asian fund of funds on a capped total of $375m.
Kuwaiti investment bank Global Investment House has launched its second vehicle aimed at pre-IPO and IPO opportunities in the Middle East, North Africa and Asia.
The UK mid-market investor has garnered twice the capital raised for its second vehicle, which closed in 2002.
The New York City Retirement Systems finds itself again dealing with turnover among its top brass, signalling that something may be amiss at the $95 billion pension.
The California Public Employees’ Retirement System has issued two mandates seeking third-parties that could help the giant pension make its private equity portfolio more manageable.
The former London MD of AXA Private Equity’s fund of funds arm is understood to be joining the US-based firm to launch a European co-investment fund.
The private equity arm of the French insurer has announced the departure of three senior figures in its London and New York funds of funds teams, as well as a listing for the UK business.
Just six Israeli venture capital funds accounted for the bulk of fundraising last year, amid increasing appetite from foreign pension funds.
Sowood Capital Management, a fund manager founded by former managers of Harvard University’s endowment, has closed a $1.24 bn commodity private equity fund.