J.E. Robert Companies and co- fund manager Alfa Capital Partners has attracted the European Bank for Reconstruction and Development as an investor.
Lehman Brothers, the US bank, has recruited Jayanta Banerjee from ICICI Venture to become managing director of the bank’s Mumbai private equity activities.
The Dallas-based buyout shop is set to sell US meatpacking firm Swift & Company to Latin America’s largest beef processor in a $1.4 billion transaction. HM says it began strategic discussions well before Swift suffered six major immigration raids.
Singapore’s Temasek Holdings is acquiring a 12 percent stake in ABC Learning Centres, an Australian childcare group with centres across its home country, New Zealand, the US and UK, via a proposed new share placement.
The US property fund manager has announced the acquisition of a Paris office block, which it plans to refurbish by the summer of 2009.
Khaleej Finance and Investment has partnered with Kuwait Investment Company and Kuwait Finance House to launch a Sharia-compliant private equity fund targeting real estate.
USS makes a $200 million (€149 million) investment in Partners Group’s new hedge fund of funds strategy that is being replicated by other large financial houses.
GMT Communication Partners has bought a construction information business from Candover and Cinven-backed Springer Science & Business Media. The firm will merge this business with portfolio company Docu Group to create Europe’s biggest provider of business information.
As revealed by PrivateEquityOnline earlier this month, EQT Partners has closed its latest fund over a third above its initial expectations, at the same time rebranding the former mezzanine debt investment team as an expansion capital buyout group.
Terra Firma has closed its third fund, as its agreed £2.4 billion offer for EMI continues to be the subject of market speculation.