Former director at Adams Street Partners Ronan Cunningham is joining Ireland’s National Pension Reserve Fund to head up its new €3bn private equity programme.
Audax Group, Bain Capital and Commonwealth Capital Ventures have exited financial services technology firm Macgregor in a $230m sale.
The first closings of Abraaj Capital’s second buyout fund on $300m and Shuaa Partners’ debut vehicle on $160m indicate strong investor appetite in the Middle East for local private equity.
LBO France has entered into exclusive talks to acquire the French clay tile manufacturer from the private equity consortium.
International private equity firm The Carlyle Group is adding personnel to its US venture capital and growth capital teams.
Two days after agreeing to sell a natural gas pipeline system for $829m, AIG’s private equity infrastructure arm has held a final close for its second fund on $800m.
The European mid-market firm has closed its first independent fund since spinning out from HSBC bank in 2003, backed by a range of global institutions.
American International Group’s AIG Highstar Capital has agreed to sell Southern Star Central, the largest natural gas pipeline in the central US, to GE’s Energy Financial Services and Caisse de depot et placement du Quebec.
Carlyle’s European technology fund has made 3x money on media infrastructure company Inmedia 15 months after acquisition.
With plans to invest in Hungary and other CEE countries, Euroventures has held a final close of a €51m fund backed by local and European institutional investors.
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