ECI Partners has completed two deals in three days, investing £15m in an electronic archiving company and £35m in a sports online and mail order retailer.
The New York-based firm, which provides expansion-stage capital to healthcare companies, fell short of its original $300 million target.
The Greenwich, Connecticut firm’s third fund will invest in healthcare services, clinical products and healthcare outsourcing and infrastructure.
Carlyle Group, the Washington DC-based private equity firm, is launching a new European leveraged finance fund to invest in senior and mezzanine loans and high yield.
Dallas-based buyout house Hicks, Muse, Tate & Furst has bought Kerns Oil & Gas as it seeks further inroads into the energy sector.
The San Francisco-based firm, founded by former Bain Capital managing directors, will continue to focus its newest fund on multi-sector, ‘change-intensive’ businesses.
Following a transatlantic merger in 2002, Boston’s Audax Group has agreed to sell its vacuum pump platform Nash Elmo to publicly traded Gardner Denver for $223.5m.
MMC Capital, the private equity arm of Marsh & McLennan, has rounded up a new mega-fund for investments in the global insurance, employee benefits and financial services industries.
Blackstone has joined the firm formerly known as Morgan Stanley Capital Partners in a $1.75bn investment in Vanguard Health Systems, an operator of acute care hospitals.
Unprecedented bank and CDO appetite for leveraged loans in Europe has allowed issuance in the first half of 2004 to soar to an unprecedented €35.4 billion.