The property developer has raised the largest ever pan-European private equity real estate fund sponsored by a Spanish firm.
Dubai-based Abraaj Capital has secured one-quarter of its targeted fund size at the first close of its infrastructure and growth capital fund.
The battle over the largest private equity deal yet involves the biggest names in private equity and real estate setting personal relationship aside in favour of a bidding slug-fest.
The London-based firm has closed its largest fund to date after receiving commitments of nearly €900m, almost three times the size of its previous vehicle.
The company’s private equity division has led a consortium in buying Compania Providencia Industria e Comercio for $432.6m, making it one of the largest Brazilian deals of late.
Princess Private Equity has backed three primary funds and has made its first direct investments through a €50m commitment to Partners Group Direct Investments 2006 fund.
Growth in internet advertising is fuelling media consolidation and private equity is playing its role the tune of €19bn with deals like Clear Channel boosting the total, writes Jennifer Bollen.
GSR Ventures, an affiliate of Silicon Valley-based venture capital firm Mayfield, has raised $200 million for its second China-focused fund, less than a year after closing its debut fund.
First Reserve, a US private equity firm that specialises in the energy sector, is selling Aquilex to Harvest Partners.
Henderson Equity Partners closes its second PFI fund on €859m, 18 months after closing its first PFI fund.