EMI’s share price rose further above Terra Firma’s £2.4 billion accepted offer price, as the markets reacted to rumours of two possible counter-bids.
Aberdeen Property Investors, the Sweden based property division of Aberdeen Asset Management, joins the rush into Russia by opening an office in St Petersburg and raising its inaugural Russia fund.
The New York firm, led by former Forstmann Little pro Steven Klinsky, has set a target of $3 billion for its next private equity fund as LPs clamour for allocations.
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys.
French private equity firm Axa has sold a French roofing business from its buyout fund III portfolio to a publicly-listed British construction and supplies company.
Southern Cross Ventures Partners is an early stage venture firm that aims to bring Australian innovations to Silicon Valley. It has raised A$170 million, A$30 million shy of its final target.
Sandra Robertson, previously a senior investment professional at the Wellcome Trust, has been appointed as the first Chief Investment Officer of Oxford University. Oxford wants to utilise her experience in alternative asset investing to boost returns.
Emerging Capital Partners, the Washington DC-based offshoot of AIG Africa Infrastructure, has rounded up $523 million for a new fund targeting the continent. Already the firm is prepping a 3x exit from the new fund.
AIM-listed Evolvence India Fund has backed its seventh Indian private equity fund as investors warm to buyout firms in the booming Indian economy.
EMI’s share price has risen on the back of speculation there will be a counter offer for the music group, although one reportedly interested party ruled itself out of the bidding.