Three groups led by Terra Firma Capital Partners, UBS and Macquarie are understood to have made formal offers in the auction for Thames Water, a UK water company owned by German utility RWE.
Helion Venture Partners has raised $140 million for its debut India-focused venture fund from which it has made a $2.2 million investment in a software company.
Onex, one of Canada’s largest companies and a publicly traded private equity firm, announced that it has closed its second large-cap private equity fund at $3.45bn.
Kendall Court Capital Partners has closed its maiden mezzanine fund on $90m, with commitments from CDC, Citigroup Venture Capital International and TIF Ventures.
Nine funds have raised $1.5 billion in the MENA region in the first half of 2006, compared to $5.8 billion in total for the period between 1994 and 2005.
AP Alternative Assets, the publicly quoted private equity fund launched last week by Apollo Management, a US buyout house, has raised a third more then expected.
The London listed investment firm is to float the European Convergence Development Company on the Alternative Investment Market in 2007 despite signs that investor appetite has waned.
The two firms have invested $430 million in a $500 million joint venture with US Shipping Partners.
Vision Capital, a secondary direct firm, has acquired a portfolio including three nuclear consultancy businesses and a rail infrastructure specialist for £76.4m.
Richard Rimer, one of four brothers at European high tech heavyweight Index Ventures, is leaving the firm to pursue his interests in medical technology.