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.
Joseph Bae will spearhead Kohlberg Kravis Roberts’ newly announced Hong Kong and Tokyo offices as the firm plans to invest across emerging and developed Asia.
The Warsaw-based buyout firm has sold its stake in listed central European fashion retailer LPP on the Warsaw stock exchange for PLN 196 million.
Bear Stearns Merchant Banking has set a $1.75bn target for Fund III, a seemingly modest goal considering its stellar track record.
With a former Perseus power pro at the helm, Natural Gas Partners has expanded into technology investing with a $94m first close on a debut tech investment fund.
Henderson Private Capital’s head of Asian private equity Sanjiv Kapur has left the group at the same time as it has announced the launch of a new Asian fund with a $500m target.
Paris-headquartered AXA Private Equity has followed the recent spate of private equity firms hiring in Germany with an appointment to its Frankfurt office.