Paul Capital’s third Top Tier venture fund has gotten larger while most VCs get smaller.
General Atlantic has won the auction for a 10 percent slice in the Nymex, as the offer from Blackstone Group and Battery Ventures falls short.
John Troiano, a former partner of Canada’s Onex Corporation, has launched a new firm, The Beekman Group, to target the small middle market.
Dubai-based private equity firm Shuua Partners has held a final close of its first fund $50m above its initial target.
Roy Disney’s Shamrock Holdings investment arm has been active fundraising, having closed on $104m for an LA-focused real estate fund and seeking as much as $150m for an Israeli growth capital vehicle.
OCM/GFI Power Opportunities Fund II is more than double its predecessor.
Halifax booked a four-times equity return on its investment in Soil Safe.
Nordic private equity firm Industri Kapital has sold Dyno Nobel, the Norwegian explosives company, to Macquarie, which hopes to float the business in Australia in 2006.
The 3i and Star-backed aircraft maintenance company is to use a $325 million asset-backed loan to expand its business and pay down debt.
Edward Gilhuly and Scott Stuart, two senior partners at private equity giant Kohlberg Kravis Roberts, will leave the firm at the end of the year to start a hedge fund. The two had been believed by some to be heirs apparent at the firm.