US and UK buyout firm Hellman & Friedman has bought Kronos, a provider of human capital management solutions, in a deal valued at about $1.8 billion.
The alternative investments arm of Deutsche Bank Asset Management has closed a $775 million secondaries fund, which will also be used for co-investment.
The Silicon Valley venture firm has raised $435m for its ninth fund, on the way to a reported $600m target.
The Silicon Valley venture firm, renown for backing tech startups like eBay and Second Life, has hired former Electronic Arts vice president Mitch Lasky as its eighth partner.
Warburg Pincus, one of the most experienced Asian private equity investors, has strengthened its regional team with the hire of ex-McKinsey director Leo Puri.
The two groups have bought a majority stake in imaging services provider Alliance Imaging from KKR in a deal worth about $153m.
German media giant Bertelsmann has launched a new €1 billion buyout fund in conjunction with Citigroup and Morgan Stanley, to target “significant scale” deals. The first of these may already be in the pipeline.
SGAM Alternative Investments has held a first close of its North Africa fund on €100m, halfway towards its target size of €200m.
Axiom Asia has achieved a final close on an Asia-focused fund-of-funds, raising $440 million in less than a year since it set up. Asia Alternatives and Emerald Hill are also raising their first Asia-dedicated fund-of-funds.
3i has beaten heavyweight opposition to land its first deal in central and eastern Europe, and is aiming high after launching a new team dedicated to the region.