Having missed out on South Staffordshire Water, the investment firm run by Guy Hands has agreed to acquire publicly listed East Surrey Holdings for £453m.
The Swiss fund of funds manager is currently talking to potential investors about a new vehicle that will target primarily direct investments in India.
The publicly traded investment banking firm has announced a first close on $558 million for its second private equity fund, with $135 million coming from the firm’s managing directors and professionals.
Having tapped both equity and fixed interest investors, the Helsinki-based private equity firm has announced the final close of its latest mezzanine fund.
The emerging markets private equity investor will sell its 9.3% stake in Celtel as part of the trade sale to Kuwaiti mobile communications company MTC.
The $300m GCC Energy Fund has been launched by Standard Bank, Gulf International Bank and Emirates National Oil Company.
Three years after finding $400m for its first fund, the healthcare specialist has raised a fresh pool of capital.
The insurance giant’s Global Investment Group has agreed to buy the private equity assets of Dresdner Bank’s Institutional Restructuring Unit, which has approximately €1.1bn worth of interests in about 150 funds.
San Francisco-based private equity firm Energy Investors Fund has issued $295m in bonds to refinance bank debt and pay a dividend on its Crockett Cogeneration investment.
The Central and Eastern Europe private equity firm has announced two telecoms exits in the Czech Republic and Romania, which will return $337m to its investors.