Australian investment bank Macquarie has held an initial close of its European infrastructure fund on €618m and reported a 13% increase in profits in its annual results.
The Norway and Sweden-based financial investor has already made three investments from its fourth vehicle, which has raised €167m in commitments from largely Nordic LPs.
The London-based listed environmental specialist investor has held a €97m second closing as it chases a €125m target.
London-listed private equity firm 3i has increased the amount it intends to return to shareholders following ‘strong’ full-year results from £500m to £700m.
US private equity firm Veronis Suhler Stevenson is increasing its European presence, both in its portfolio and its investor base. Robert Venes talks to managing director and co-CEO Jeffrey Stevenson.
Babcock International Group, currently being stalked by BAE Systems and VT Group, has acquired nuclear and airport services operator Alstec from Gresham for £45m.
The London, Manchester and Birmingham lower mid-market financial investor has appointed Mike O’Brien as an investment executive.
The head of private equity for Canada’s fourth-largest pension fund is resigning, possibly to launch his own operation.
The French private equity arm of the Dutch bank has acquired the former enterprise distribution and services unit of telecommunications group Alcatel from Beverley Hills-based Platinum Equity.
Sam Schwerin says venture investment managers are hungry for a significant source of liquidity, and his firm is poised to provide it to them. Dave Keating reports.