US pension giant CalPERS has launched a €400 million, Europe-focussed buyout initiative, to be managed by the private equity division of Scotland-based investment manager Standard Life Investments Group.
SVG, the London-based fund manager, increased its net asset value per share on the back of several realisations by UK buyout firm Permira in whose funds the majority of its capital is committed.
Former First Reserve director Craig Jarchow has been hired by Pine Brook Road, the New York firm led by former Warburg Pincus vice chairman, Howard Newman.
Noble Fund Managers has held the first close of its venture debt fund.
Two years after Hurricane Katrina ripped through New Orleans, RREEF and Loeb Realty are teaming up to acquire the Astor Crowne Plaza Hotel for $93m.
The Mumbai-based publicly listed private equity arm of Infrastructure Leasing and Financial Services has partnered with Milestone Capital Partners for a real estate fund, as it plans to launch a larger $1bn fund in October.
Apollo Real Estate Advisors has hired Hollywood property pro Frank Buckley as the firm looks to bolster its operations on the West Coast.
The investment trust of Hg Capital reported strong results from realisations, while indicating it had £54 million in liquid resources to take advantage of market turbulence.
Actis is switching tack with the launch of a global fund, aiming for a $1.25 billion global umbrella vehicle alongside four regional side-funds, the largest pool of capital in its history.
The US' largest pension fund purchased a $600 million, 8.6 percent stake in Apollo, prior to the private equity firm's listing on Goldman Sachs' private exchange.